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Puerto Rico Annual Unemployment Rate

Puerto Rico's annual unemployment rate fell to 5.47% in 2024, down from 5.72% in 2023, according to World Bank. This represents a decrease of 0.25% from the previous year. Puerto Rico has annual unemployment rate higher than the global median (5.47% vs median 5.23%). Compared with the median in Americas, Puerto Rico is lower (5.47% vs regional median 6.45%) and ranks 22nd out of 33 countries in Americas.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 5.47%
2023 5.72%
2022 6%
2021 7.9%
2020 8.89%
2019 8.3%
2018 9.2%
2017 10.8%
2016 11.8%
2015 12%
2014 13.9%
2013 14.3%
2012 14.5%
2011 15.7%
2010 16.1%
2009 15%
2008 11.48%
2007 10.93%
2006 11.01%
2005 11.35%
2004 10.31%
2003 11.78%
2002 11.94%
2001 11.4%
2000 10.08%
1999 11.81%
1998 13.46%
1997 13.8%
1996 13.64%
1995 13.93%
1994 14.6%
1993 16.91%
1992 16.93%
1991 16.18%
Puerto Rico Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Puerto Rico's labor force that is looking for work but does not have a job.