Costa Rica Annual Unemployment Rate
Costa Rica's annual unemployment rate fell to 7.85% in 2024, down from 8.32% in 2023, according to World Bank. This represents a decrease of 0.47% from the previous year. Costa Rica has annual unemployment rate higher than the global median (7.85% vs median 5.23%). Compared with the median in Americas, Costa Rica is higher (7.85% vs regional median 6.45%) and ranks 11th out of 33 countries in Americas.
Yearly Historical Data (1991-2024)
(in %)Costa Rica Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Costa Rica's labor force that is looking for work but does not have a job.