Americas Annual Unemployment Rate Ranking (2024)
In 2024, annual unemployment rate in the Americas was highest in Saint Vincent & Grenadines at 18.06%, followed by Haiti at 15.06% and U.S. Virgin Islands at 12.01%. The average annual unemployment rate across countries in the Americas was 6.93%, the median was 6.45%, and Cuba recorded the lowest annual unemployment rate at 1.53%, according to the World Bank.
Data is available for the period 1991 to 2024 across 33 countries in Americas.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 18.06% | 18.57% | 2024 | |
| 2 | 15.06% | 14.56% | 2024 | |
| 3 | 12.01% | 12.32% | 2024 | |
| 4 | 10.93% | 11.09% | 2024 | |
| 5 | 10.16% | 12.03% | 2024 | |
| 6 | 9.61% | 9.59% | 2024 | |
| 7 | 9.06% | 9.01% | 2024 | |
| 8 | 8.46% | 8.64% | 2024 | |
| 9 | 8.4% | 8.36% | 2024 | |
| 10 | 7.88% | 6.14% | 2024 | |
| 11 | 7.85% | 8.32% | 2024 | |
| 12 | 7.63% | 7.95% | 2024 | |
| 13 | 7.53% | 7.88% | 2024 | |
| 14 | 7.32% | 7.63% | 2024 | |
| 15 | 7% | 8.27% | 2024 | |
| 16 | 6.52% | 6.54% | 2024 | |
| 17 | 6.45% | 5.42% | 2024 | |
| 18 | 6.09% | 5.79% | 2024 | |
| 19 | 6.06% | 6.07% | 2024 | |
| 20 | 5.47% | 5.56% | 2024 | |
| 21 | 5.47% | 5.72% | 2024 | |
| 22 | 5.47% | 5.48% | 2024 | |
| 23 | 4.88% | 4.4% | 2024 | |
| 24 | 4.83% | 4.9% | 2024 | |
| 25 | 4.77% | 3.51% | 2024 | |
| 26 | 4.57% | 4.72% | 2024 | |
| 27 | 4.55% | 4.21% | 2024 | |
| 28 | 4.11% | 3.64% | 2024 | |
| 29 | 3.09% | 3.02% | 2024 | |
| 30 | 2.84% | 2.99% | 2024 | |
| 31 | 2.71% | 2.77% | 2024 | |
| 32 | 2.22% | 2.34% | 2024 | |
| 33 | 1.53% | 1.72% | 2024 |
Americas Annual Unemployment Rate Ranking (2024) : Definition
Annual Unemployment Rate measures the share of the labor force that is without work, available for work and actively seeking work, reported as a percentage for the reference year (ILO definition).