The unemployment rate in Colombia fell to 10.6 percent in May of 2022 from 15.2 percent in the corresponding month of the previous year. The number of unemployed decreased by 0.94 million to 2.64 million, while the employed population expanded by 2.20 million to 22.19 million, of which 0.40 million jobs were gained in arts & entertainment; and 0.34 million in agriculture, fisheries & forestry. Meantime, the employment rate rose to 57.0 percent from 52.1 percent in May of 2021, while the activity rate went up to 63.8 percent from 61.4 percent. source: Dane, Colombia

Unemployment Rate in Colombia averaged 11.79 percent from 2001 until 2022, reaching an all time high of 21.01 percent in May of 2020 and a record low of 7.33 percent in November of 2015. This page provides the latest reported value for - Colombia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Unemployment Rate in Colombia is expected to be 10.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Unemployment Rate is projected to trend around 12.00 percent in 2023, according to our econometric models.

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Colombia Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 03:15 PM Apr 11.2% 12.1% 11.9%
2022-06-30 04:00 PM May 10.6% 11.2% 11.6%
2022-07-29 04:00 PM Jun 10.6% 10.9%


Related Last Previous Unit Reference
Unemployment Rate 10.60 11.20 percent May 2022
Unemployed Persons 2643.81 2760.62 Thousand May 2022
Labor Force Participation Rate 63.80 63.60 percent May 2022
Employment Rate 56.99 56.47 percent May 2022

Colombia Unemployment Rate
In Colombia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
10.60 11.20 21.01 7.33 2001 - 2022 percent Monthly

News Stream
Colombia Jobless Rate Falls Markedly in May
The unemployment rate in Colombia fell to 10.6 percent in May of 2022 from 15.2 percent in the corresponding month of the previous year. The number of unemployed decreased by 0.94 million to 2.64 million, while the employed population expanded by 2.20 million to 22.19 million, of which 0.40 million jobs were gained in arts & entertainment; and 0.34 million in agriculture, fisheries & forestry. Meantime, the employment rate rose to 57.0 percent from 52.1 percent in May of 2021, while the activity rate went up to 63.8 percent from 61.4 percent.
2022-06-30
Colombia Jobless Rate Falls to 11.2% in April
The unemployment rate in Colombia fell to 11.9 percent in April of 2022 from 15.5 percent in the corresponding month of the previous year. The number of unemployed decreased by 0.86 million to 2.761 million, while employment went up by 2.2 million to 21.957 million. Meanwhile, the employment rate increased to 56.5 percent from 51.6 percent.
2022-05-31
Colombia Jobless Rate Falls to 12.9% in February
The unemployment rate in Colombia fell to 12.9 percent in February of 2022 from 15.5 percent in the corresponding month of the previous year. The number of unemployed fell by 0.49 million to 3.21 million, while employment went up by 0.86 million to 21.7 million. Meanwhile, the employment rate increased to 55.9 percent from 52.8 percent.
2022-03-31