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Bolivia Annual Unemployment Rate

Bolivia's annual unemployment rate rose to 3.09% in 2024, up from 3.02% in 2023, according to World Bank. This represents an increase of 0.07% from the previous year. Bolivia has annual unemployment rate lower than the global median (3.09% vs median 5.23%). Compared with the median in Americas, Bolivia is lower (3.09% vs regional median 6.45%) and ranks 29th out of 33 countries in Americas.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 3.09%
2023 3.02%
2022 3.55%
2021 5.09%
2020 7.9%
2019 3.68%
2018 3.52%
2017 3.65%
2016 3.5%
2015 3.11%
2014 2.02%
2013 2.44%
2012 2.07%
2011 2.26%
2010 2.61%
2009 2.97%
2008 2.6%
2007 2.62%
2006 2.58%
2005 2.6%
2004 2.62%
2003 2.66%
2002 2.61%
2001 2.64%
2000 2.45%
1999 2.3%
1998 2.12%
1997 2.08%
1996 2.37%
1995 2.66%
1994 3.08%
1993 3.05%
1992 3.03%
1991 2.93%
Bolivia Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Bolivia's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 72.46% 71.91% 2024
Unemployment Rate 2.4% 3.1% Jun'25