Mexico Unemployment Rate 1991-2024
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Mexico unemployment rate for 2023 was 2.81%, a 0.44% decline from 2022.
- Mexico unemployment rate for 2022 was 3.26%, a 0.76% decline from 2021.
- Mexico unemployment rate for 2021 was 4.02%, a 0.42% decline from 2020.
- Mexico unemployment rate for 2020 was 4.44%, a 0.96% increase from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Unemployment Rate (%) |
| South Africa | 27.99% |
| Botswana | 23.38% |
| Gabon | 20.36% |
| Namibia | 19.42% |
| Libya | 18.74% |
| St. Vincent and the Grenadines | 18.67% |
| Jordan | 17.94% |
| Iraq | 15.53% |
| Montenegro | 15.25% |
| North Macedonia | 13.08% |
| Guyana | 12.43% |
| Algeria | 11.81% |
| Albania | 11.58% |
| Lebanon | 11.57% |
| St. Lucia | 11.09% |
| Bosnia | 10.42% |
| Samoa | 9.75% |
| Colombia | 9.57% |
| Turkey | 9.41% |
| Iran | 9.10% |
| Serbia | 8.68% |
| Equatorial Guinea | 8.67% |
| Armenia | 8.59% |
| Costa Rica | 8.30% |
| Belize | 8.26% |
| Brazil | 7.95% |
| Suriname | 7.70% |
| Mauritius | 6.06% |
| Paraguay | 5.78% |
| Azerbaijan | 5.64% |
| Romania | 5.60% |
| Dominican Republic | 5.56% |
| Venezuela | 5.53% |
| Kazakhstan | 4.85% |
| Peru | 4.82% |
| China | 4.67% |
| Jamaica | 4.42% |
| Fiji | 4.33% |
| Bulgaria | 4.30% |
| Maldives | 4.13% |
| Turkmenistan | 4.12% |
| Malaysia | 3.86% |
| Belarus | 3.57% |
| Ecuador | 3.37% |
| Russia | 3.33% |
| Mexico | 2.81% |
| Guatemala | 2.71% |
| Tonga | 2.30% |
| Cuba | 1.16% |
| Thailand | 0.91% |
| Mexico Unemployment Rate - Historical Data | ||
|---|---|---|
| Year | Unemployment Rate (%) | Annual Change |
| 2023 | 2.81% | -0.44% |
| 2022 | 3.26% | -0.76% |
| 2021 | 4.02% | -0.42% |
| 2020 | 4.44% | 0.96% |
| 2019 | 3.48% | 0.20% |
| 2018 | 3.28% | -0.14% |
| 2017 | 3.42% | -0.43% |
| 2016 | 3.85% | -0.46% |
| 2015 | 4.31% | -0.51% |
| 2014 | 4.82% | -0.10% |
| 2013 | 4.92% | 0.03% |
| 2012 | 4.89% | -0.28% |
| 2011 | 5.18% | -0.13% |
| 2010 | 5.30% | -0.05% |
| 2009 | 5.36% | 1.48% |
| 2008 | 3.87% | 0.25% |
| 2007 | 3.63% | 0.06% |
| 2006 | 3.57% | 0.01% |
| 2005 | 3.56% | -0.38% |
| 2004 | 3.94% | 0.48% |
| 2003 | 3.46% | 0.45% |
| 2002 | 3.00% | 0.38% |
| 2001 | 2.63% | -0.02% |
| 2000 | 2.65% | 0.05% |
| 1999 | 2.60% | -1.14% |
| 1998 | 3.73% | -0.50% |
| 1997 | 4.24% | -1.23% |
| 1996 | 5.47% | -1.63% |
| 1995 | 7.10% | 2.66% |
| 1994 | 4.44% | 1.07% |
| 1993 | 3.37% | 0.13% |
| 1992 | 3.24% | 0.09% |
| 1991 | 3.15% | 0.09% |