Latin America & Caribbean Youth Unemployment Rate 1991-2024
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
- Latin America & Caribbean youth unemployment rate for 2023 was 13.63%, a 1.26% decline from 2022.
- Latin America & Caribbean youth unemployment rate for 2022 was 14.89%, a 3.76% decline from 2021.
- Latin America & Caribbean youth unemployment rate for 2021 was 18.65%, a 2.11% decline from 2020.
- Latin America & Caribbean youth unemployment rate for 2020 was 20.76%, a 3.2% increase from 2019.
| Latin America & Caribbean Youth Unemployment Rate - Historical Data |
| Year |
% of Total Labor Force Ages 15-24 |
Annual Change |
| 2023 |
13.63% |
-1.26% |
| 2022 |
14.89% |
-3.76% |
| 2021 |
18.65% |
-2.11% |
| 2020 |
20.76% |
3.20% |
| 2019 |
17.56% |
0.08% |
| 2018 |
17.48% |
-0.03% |
| 2017 |
17.51% |
0.46% |
| 2016 |
17.05% |
2.28% |
| 2015 |
14.77% |
0.98% |
| 2014 |
13.80% |
-0.17% |
| 2013 |
13.96% |
0.19% |
| 2012 |
13.77% |
-0.65% |
| 2011 |
14.42% |
-0.59% |
| 2010 |
15.01% |
-0.92% |
| 2009 |
15.94% |
1.66% |
| 2008 |
14.27% |
-0.39% |
| 2007 |
14.66% |
-0.70% |
| 2006 |
15.36% |
-1.00% |
| 2005 |
16.36% |
-0.70% |
| 2004 |
17.06% |
-0.49% |
| 2003 |
17.55% |
-0.08% |
| 2002 |
17.63% |
1.02% |
| 2001 |
16.62% |
-0.61% |
| 2000 |
17.23% |
0.29% |
| 1999 |
16.94% |
1.33% |
| 1998 |
15.61% |
0.72% |
| 1997 |
14.88% |
-0.13% |
| 1996 |
15.02% |
0.67% |
| 1995 |
14.34% |
2.22% |
| 1994 |
12.12% |
1.07% |
| 1993 |
11.05% |
-0.36% |
| 1992 |
11.41% |
-0.04% |
| 1991 |
11.45% |
-0.04% |
