Flag of pe

Peru Annual Unemployment Rate

Peru's annual unemployment rate fell to 4.83% in 2024, down from 4.9% in 2023, according to World Bank. This represents a decrease of 0.07% from the previous year. Peru has annual unemployment rate lower than the global median (4.83% vs median 5.23%). Compared with the median in Americas, Peru is lower (4.83% vs regional median 6.45%) and ranks 24th out of 33 countries in Americas.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 4.83%
2023 4.9%
2022 3.85%
2021 5.1%
2020 7.18%
2019 3.38%
2018 3.49%
2017 3.69%
2016 3.74%
2015 3.27%
2014 3.21%
2013 3.58%
2012 3.24%
2011 3.48%
2010 3.6%
2009 3.96%
2008 4.03%
2007 4.08%
2006 4.17%
2005 4.87%
2004 4.71%
2003 4.15%
2002 4.84%
2001 5.06%
2000 4.96%
1999 5.01%
1998 5.1%
1997 4.77%
1996 4.93%
1995 4.72%
1994 4.5%
1993 4.8%
1992 5.07%
1991 4.93%
Peru Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Peru's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 65.16% 65.08% 2024
Unemployment Rate 5.7% 6% Sep'25