Unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Unemployment, total (% of total labor force) was 5.3% in 2025. ▼ Falling

Latest (2025)
5.3%
Change on year
down 0.3%
World rank
91st
of 187 countries
All-time high
16.8%
in 2003
All-time low
5.0%
in 2017
Years of data
35
1991–2025

Unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of, 1991–2025

57.51012.51517.51991200820251991: 9.41992: 7.71993: 6.61994: 8.61995: 10.21996: 11.81997: 11.21998: 11.21999: 14.52000: 142001: 132002: 16.22003: 16.82004: 15.12005: 10.72006: 8.62007: 7.32008: 6.22009: 6.12010: 7.12011: 6.92012: 6.62013: 7.52014: 6.82015: 6.12016: 5.32017: 52018: 5.52019: 5.92020: 7.52021: 72022: 5.62023: 5.42024: 5.32025: 5.3

Source: ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).

Analysis

Venezuela, Bolivarian Republic of recorded 5.3% for unemployment, total (% of total labor force) in 2025.

That represents a change of down 0.3% on the previous year and down 13.6% over ten years.

Over the whole period, unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of peaked at 16.8% in 2003 and was at its lowest, 5.0%, in 2017.

That places Venezuela, Bolivarian Republic of 91st out of 187 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 35 years of available data.

Unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of, year by year

Annual values for Unemployment, total (% of total labor force) (modeled ILO estimate) in Venezuela, Bolivarian Republic of, 1991 to 2025.
Year Value Change
1991 9.4%
1992 7.7% -18.6%
1993 6.6% -14.2%
1994 8.6% +29.7%
1995 10.2% +19.6%
1996 11.8% +14.9%
1997 11.2% -5.2%
1998 11.2% -0.1%
1999 14.5% +30.3%
2000 14.0% -3.7%
2001 13.0% -6.8%
2002 16.2% +24.0%
2003 16.8% +3.8%
2004 15.1% -10.2%
2005 10.7% -29.2%
2006 8.6% -19.3%
2007 7.3% -15.4%
2008 6.2% -14.2%
2009 6.1% -2.4%
2010 7.1% +16.6%
2011 6.9% -3.0%
2012 6.6% -4.4%
2013 7.5% +14.2%
2014 6.8% -9.5%
2015 6.1% -10.0%
2016 5.3% -13.4%
2017 5.0% -5.2%
2018 5.5% +8.4%
2019 5.9% +7.7%
2020 7.5% +27.8%
2021 7.0% -6.7%
2022 5.6% -19.7%
2023 5.4% -4.2%
2024 5.3% -1.6%
2025 5.3% -0.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.1% 6.6% 14.5% 9
2000s 11.4% 6.1% 16.8% 10
2010s 6.3% 5.0% 7.5% 10
2020s 6.0% 5.3% 7.5% 6

Countries ranked near Venezuela, Bolivarian Republic of

  1. 88 Pakistan 5.4% compare
  2. 89 Slovakia 5.4% compare
  3. 90 Fiji 5.3% compare
  4. 92 Brunei Darussalam 5.3% compare
  5. 93 Mongolia 5.2% compare
  6. 94 Guinea 5.2% compare

See the full ranking of 235 places →

More education data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of?
Unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of was 5.3% in 2025, according to ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).
What is the highest unemployment, total (% of total labor force) recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 16.8% in 2003.
What is the lowest unemployment, total (% of total labor force) recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 5.0% in 2017.
How does Venezuela, Bolivarian Republic of rank for unemployment, total (% of total labor force)?
Venezuela, Bolivarian Republic of ranks 91st out of 187 countries with data for 2025.
Is unemployment, total (% of total labor force) rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is down 13.6%. The long-run trend across the full record is falling.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO), published as part of Unemployment, total (% of total labor force) (modeled ILO estimate). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 07 September 2026, from https://education.statizoid.com/stat/unemployment-total-percent-of-total-labor-force-modeled-ilo-estimate/venezuela-rb/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://education.statizoid.com/stat/unemployment-total-percent-of-total-labor-force-modeled-ilo-estimate/venezuela-rb/">Unemployment, total (% of total labor force) in Venezuela, Bolivarian Republic of</a> — Statizoid

About this data

Indicator
Unemployment, total (% of total labor force) (modeled ILO estimate)
Source
ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,211 data points, 1991–2025
Last refreshed

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.