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El Salvador Annual Unemployment Rate

El Salvador's annual unemployment rate fell to 2.84% in 2024, down from 2.99% in 2023, according to World Bank. This represents a decrease of 0.15% from the previous year. El Salvador has annual unemployment rate lower than the global median (2.84% vs median 5.23%). Compared with the median in Americas, El Salvador is lower (2.84% vs regional median 6.45%) and ranks 30th out of 33 countries in Americas.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 2.84%
2023 2.99%
2022 3%
2021 4.33%
2020 5.01%
2019 4.17%
2018 4.01%
2017 4.38%
2016 4.42%
2015 4%
2014 4.15%
2013 3.69%
2012 3.84%
2011 4.3%
2010 4.89%
2009 7.33%
2008 5.88%
2007 6.41%
2006 6.57%
2005 7.22%
2004 6.8%
2003 6.9%
2002 6.2%
2001 6.96%
2000 6.96%
1999 7.3%
1998 7.1%
1997 7.98%
1996 7.68%
1995 7.65%
1994 7.68%
1993 9.94%
1992 7.88%
1991 7.53%
El Salvador Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of El Salvador's labor force that is looking for work but does not have a job.