Venezuela Unemployment Rate

1999 - 2018 | Monthly | % | National Institute of Statistics

Key information about Venezuela Unemployment Rate

  • Venezuela Unemployment Rate dropped to 6.35% in Dec 2018, from the previously reported figure of 7.34% in Nov 2018.
  • Venezuela Unemployment Rate is updated monthly, available from Jan 1999 to Dec 2018, with an average rate of 8.42%.
  • The data reached an all-time high of 20.70% in Feb 2003 and a record low of 5.53% in Dec 2014.
  • The data is reported by reported by National Institute of Statistics.
  • In the latest reports, Venezuela Population reached 34.09 million people in Jun 2024.


View Venezuela's Unemployment Rate from Jan 1999 to Dec 2018 in the chart:

Venezuela Unemployment Rate

What was Venezuela's Unemployment Rate in Dec 2018?

Venezuela Unemployment Rate dropped to 6.35% in Dec 2018, from the previously reported figure of 7.34% in Nov 2018. See the table below for more data.

Last Previous Min Max Unit Frequency Range
6.35 Dec 2018 7.34 Nov 2018 5.53 Dec 2014 20.70 Feb 2003 % monthly Jan 1999 - Dec 2018

Unemployment Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 8.76 Dec 2024 quarterly Mar 2012 - Dec 2024
Algeria (%) 11.40 Jun 2019 quarterly Mar 2014 - Jun 2019
Argentina (%) 6.90 Mar 2023 quarterly Jun 1990 - Mar 2023
Armenia (%) 13.30 Sep 2024 quarterly Mar 2008 - Sep 2024
Australia (%) 4.11 Jan 2025 monthly Feb 1978 - Jan 2025
Austria (%) 5.50 Jan 2025 monthly Jan 1993 - Jan 2025
Azerbaijan (%) 5.64 Mar 2023 quarterly Mar 2008 - Mar 2023
Bahrain (%) 5.90 2020 yearly 1991 - 2020
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.10 Jan 2025 monthly Oct 2004 - Jan 2025
Belgium (%) 5.80 Jan 2025 monthly Jan 1983 - Jan 2025
Bolivia (%) 2.70 Sep 2024 quarterly Dec 2015 - Sep 2024
Bosnia and Herzegovina (%) 13.17 2023 yearly 2006 - 2023
Botswana (%) 20.68 2022 yearly 1991 - 2022
Brazil (%) 6.50 Jan 2025 monthly Mar 2012 - Jan 2025
Brunei (%) 4.80 2024 yearly 1981 - 2024
Bulgaria (%) 3.80 Dec 2024 quarterly Mar 2000 - Dec 2024
Cambodia (%) 2.40 2020 yearly 2020 - 2020
Canada (%) 6.60 Feb 2025 monthly Jan 1976 - Feb 2025
Chile (%) 8.02 Jan 2025 monthly Mar 2009 - Jan 2025
China (%) 5.10 Dec 2024 quarterly Mar 2017 - Dec 2024
Colombia (%) 11.64 Jan 2025 monthly Jan 2001 - Jan 2025
Croatia (%) 6.80 Dec 2022 quarterly Mar 1998 - Dec 2022
Cyprus (%) 5.00 Jan 2025 monthly Jan 2000 - Jan 2025
Czech Republic (%) 2.68 Jan 2025 monthly Jan 1993 - Jan 2025
Denmark (%) 4.90 Apr 2023 monthly Jan 2007 - Apr 2023
Ecuador (%) 3.38 Dec 2024 quarterly Dec 2013 - Dec 2024
Egypt (%) 6.70 Sep 2024 quarterly Mar 2003 - Sep 2024
Estonia (%) 5.30 Mar 2023 quarterly Mar 1997 - Mar 2023
European Union (%) 5.80 Jan 2025 monthly Jan 2000 - Jan 2025
Finland (%) 6.90 Apr 2023 monthly Jan 1988 - Apr 2023
France (%) 7.20 Jun 2023 quarterly Mar 1975 - Jun 2023
Georgia (%) 16.40 2023 yearly 1991 - 2023
Germany (%) 3.50 Jan 2025 monthly Jan 1991 - Jan 2025
Ghana (%) 3.56 2023 yearly 1991 - 2023
Greece (%) 11.20 Apr 2023 monthly Apr 1998 - Apr 2023
Hong Kong SAR, China (%) 3.10 Jan 2025 monthly Oct 1981 - Jan 2025
Hungary (%) 4.34 Jan 2025 monthly Jan 2000 - Jan 2025
Iceland (%) 3.35 Dec 2024 monthly Jan 2003 - Dec 2024
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 4.91 2024 yearly 1984 - 2024
Iran (%) 9.40 Mar 2022 quarterly Jun 2001 - Mar 2022
Ireland (%) 4.10 Jul 2023 monthly Jan 1998 - Jul 2023
Israel (%) 2.61 Jan 2025 monthly Jan 2012 - Jan 2025
Italy (%) 6.28 Jan 2025 monthly Jan 1983 - Jan 2025
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 2.50 Jan 2025 monthly Jan 1953 - Jan 2025
Jordan (%) 21.30 Nov 2024 quarterly Feb 2000 - Nov 2024
Kazakhstan (%) 4.60 Jan 2025 monthly Jan 2001 - Jan 2025
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 2.70 Feb 2025 monthly Jun 1999 - Feb 2025
Kosovo (%) 10.70 Dec 2023 quarterly Mar 2016 - Dec 2023
Kuwait (%) 0.93 2021 yearly 1999 - 2021
Kyrgyzstan (%) 4.10 2023 yearly 1992 - 2023
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 6.90 Jan 2025 monthly Jan 1998 - Jan 2025
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 6.60 Jan 2025 monthly Jan 1998 - Jan 2025
Luxembourg (%) 5.85 Jan 2025 monthly Jan 1995 - Jan 2025
Macau SAR, China (%) 1.60 Jan 2025 monthly Sep 1996 - Jan 2025
North Macedonia (%) 11.90 Dec 2024 quarterly Mar 2023 - Dec 2024
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 3.10 Jan 2025 monthly Jan 2010 - Jan 2025
Malta (%) 2.29 Dec 2024 quarterly Mar 2018 - Dec 2024
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 2.61 Jan 2025 monthly Jan 2005 - Jan 2025
Moldova (%) 5.55 Mar 2023 quarterly Mar 1999 - Mar 2023
Mongolia (%) 5.30 Dec 2024 quarterly Sep 2006 - Dec 2024
Montenegro (%) 11.00 Sep 2024 quarterly Mar 2008 - Sep 2024
Morocco (%) 13.60 Sep 2024 quarterly Mar 1999 - Sep 2024
Mozambique (%) 3.67 2023 yearly 1991 - 2023
Myanmar (%) 1.79 2020 yearly 1991 - 2020
Nepal (%) 4.44 2020 yearly 1991 - 2020
Netherlands (%) 3.10 Jul 2021 monthly Jan 2003 - Jul 2021
New Zealand (%) 5.10 Dec 2024 quarterly Mar 1986 - Dec 2024
Nigeria (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Norway (%) 3.90 Dec 2024 monthly Jan 1989 - Dec 2024
Oman (%) 3.60 Jan 2025 monthly Mar 2018 - Jan 2025
Pakistan (%) 6.30 2021 yearly 1980 - 2021
Palestinian Territory (%) 31.10 Jun 2024 quarterly Mar 2000 - Jun 2024
Panama (%) 9.50 2024 yearly 2003 - 2024
Paraguay (%) 4.55 Dec 2024 quarterly Mar 2017 - Dec 2024
Peru (%) 6.15 Jan 2025 monthly Mar 2001 - Jan 2025
Philippines (%) 4.50 Apr 2023 quarterly Jul 1982 - Apr 2023
Poland (%) 5.40 Jan 2025 monthly Jan 1990 - Jan 2025
Portugal (%) 7.20 Jan 2021 monthly Feb 1998 - Jan 2021
Qatar (%) 0.10 2019 yearly 1997 - 2019
Romania (%) 5.60 Apr 2023 monthly Jan 2004 - Apr 2023
Russia (%) 2.40 Jul 2024 monthly Jan 1994 - Jul 2024
Saudi Arabia (%) 3.73 Sep 2024 quarterly Mar 2012 - Sep 2024
Serbia (%) 8.10 Sep 2024 quarterly Mar 2014 - Sep 2024
Singapore (%) 1.90 May 2023 monthly Mar 2020 - May 2023
Slovakia (%) 5.09 Jan 2025 monthly Jan 2006 - Jan 2025
Slovenia (%) 3.50 Dec 2024 quarterly Jun 1997 - Dec 2024
South Africa (%) 32.10 Sep 2024 quarterly Mar 2008 - Sep 2024
Spain (%) 10.61 Dec 2024 quarterly Mar 2021 - Dec 2024
Sri Lanka (%) 4.10 Sep 2024 quarterly Mar 2004 - Sep 2024
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 7.22 Apr 2023 monthly Jan 1983 - Apr 2023
Switzerland (%) 4.44 Dec 2024 monthly Jan 1991 - Dec 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Venezuela Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.9 2012 yearly 1998 - 2012
National Government Debt (USD mn) 105,131.7 2016 yearly 1996 - 2016
Government Debt: % of GDP (%) 3.5 2016 yearly 1997 - 2016
Forecast: Government Expenditure (VED bn) 437.177 2023 yearly 2018 - 2023
Forecast: Government Net Debt (VED bn) 4,250.801 2023 yearly 2018 - 2023
Forecast: Government Revenue (VED bn) 314.569 2023 yearly 2019 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 14.278 2024 yearly 1983 - 2024
Trade Balance (USD mn) -3,437.1 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports (USD mn) 196.9 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports Growth (%) 37.5 Oct 2014 monthly Jan 1995 - Oct 2014
Aluminum: Exports (USD th) 25,910.884 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,636.250 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 14,897.401 2023 yearly 1995 - 2023
Total Imports (USD mn) 3,634.0 Oct 2014 monthly Jan 1994 - Oct 2014
Total Imports Growth (%) -12.8 Oct 2014 monthly Jan 1995 - Oct 2014
Imports: Medicament (USD th) 439,780.789 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 366,403.144 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 424.808 Nov 2024 monthly Jan 1981 - Nov 2024
Total Imports from USA (USD mn) 350.345 Nov 2024 monthly Jan 1981 - Nov 2024
Total Exports to China (USD mn) 49.396 Nov 2024 monthly Jan 2000 - Nov 2024
Total Imports from China (USD mn) 452.258 Nov 2024 monthly Jan 2000 - Nov 2024
Exports: ytd: Netherlands (USD mn) 210.219 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Metal (USD mn) 227.068 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Chemical Product (USD mn) 1,016.192 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn) 143.917 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Colombia (USD mn) 240.059 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: United States (USD mn) 647.531 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Agricultural (Vegetal) (USD mn) 4,399.031 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Mineral (USD mn) 1,074.772 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Food, Beverages and Tobacco (USD mn) 2,281.712 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: China (USD mn) 4,614.360 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn) 862.891 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: United States (USD mn) 7,699.659 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Plastic and Manufacturing Product (USD mn) 1,562.038 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Paper (USD mn) 610.290 Oct 2014 monthly Jan 1998 - Oct 2014
Export Value Index (2015=100) 9.582 2021 yearly 1980 - 2021
Import Value Index (2015=100) 23.312 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 234.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance (USD mn) 2,533.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance: % of GDP (%) 0.0 2017 yearly 1970 - 2017
Foreign Direct Investment (USD mn) 105.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Foreign Direct Investment: % of GDP (%) -0.0 2017 yearly 1970 - 2017
Foreign Portfolio Investment (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: % of GDP (%) -0.0 2017 yearly 1997 - 2017
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt (USD mn) 110,159.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: % of GDP (%) 0.6 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 44,489.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Short Term: % of GDP (%) 0.2 2017 yearly 1997 - 2017
Forecast: Current Account Balance (USD bn) 3.682 2025 yearly 1980 - 2025
Net International Investment Position (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Capital Account (USD mn) 0.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account (USD mn) -1,617.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Goods (USD mn) 5,680.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) 4.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Reserves: Assets (USD mn) -325.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Income (USD mn) -1,975.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment (USD mn) 585.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Direct Investment (USD mn) -129.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Net Errors and Omissions (USD mn) -620.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Services (USD mn) -1,663.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Other Investment (USD mn) -2,073.000 Mar 2019 quarterly Mar 1997 - Mar 2019
International Investment Position (IIP) (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Assets (USD mn) 220,971.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Liabilities (USD mn) 110,250.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Jul 2018 monthly Jan 2004 - Jul 2018
Household Debt: % of GDP (%) 3.4 2017 yearly 2004 - 2017
Non-Performing Loans (USD mn) 6.427 Mar 2023 monthly Jan 2004 - Mar 2023
Money Supply M1 (USD mn) 3,094.766 Feb 2025 monthly Jan 1996 - Feb 2025
Money Supply M2 (USD mn) 3,098.152 Feb 2025 monthly Jan 1996 - Feb 2025
M2 Growth (%) 148.6 Feb 2025 monthly Jan 1997 - Feb 2025
Reserve Requirement Ratio (%) 73.0 Feb 2025 monthly Jan 2004 - Feb 2025
Foreign Exchange Reserves (USD mn) 10,397.0 Jan 2025 monthly Dec 1961 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 0.048 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 5.9 Nov 2024 monthly Jan 1981 - Nov 2024
Gold Reserves (USD mn) 4,415.102 Feb 2025 monthly Dec 1950 - Feb 2025
Total Deposits (USD mn) 159.256 Mar 2023 monthly Jan 2005 - Mar 2023
Total Deposits Growth (%) 344.5 Mar 2023 monthly Jan 2006 - Mar 2023
Domestic Credit (USD mn) 279,943.9 Aug 2014 monthly Jan 1966 - Aug 2014
Domestic Credit Growth (%) 70.2 Aug 2014 monthly Jan 1967 - Aug 2014
Household Debt (USD mn) 27.5 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans (USD mn) 881.730 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans Growth (%) 1,260.58 Mar 2023 monthly Jan 2005 - Mar 2023
Private Debt: % of Nominal GDP (%) 39.51 2014 yearly 1960 - 2014
International Reserve: Total (USD mn) 10,397.000 Jan 2025 monthly Jan 1996 - Jan 2025

More Indicators for Venezuela

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data