Brazil Annual Unemployment Rate
Brazil's annual unemployment rate fell to 7.63% in 2024, down from 7.95% in 2023, according to World Bank. This represents a decrease of 0.32% from the previous year. Brazil has annual unemployment rate higher than the global median (7.63% vs median 5.23%). Compared with the median in Americas, Brazil is higher (7.63% vs regional median 6.45%) and ranks 12th out of 33 countries in Americas.
Yearly Historical Data (1991-2024)
(in %)Brazil Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Brazil's labor force that is looking for work but does not have a job.