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 %)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.