Spain Annual Unemployment Rate
Spain's annual unemployment rate fell to 11.39% in 2024, down from 12.18% in 2023, according to World Bank. This represents a decrease of 0.79% from the previous year. Spain has annual unemployment rate higher than the global median (11.39% vs median 5.23%). Compared with the median in Europe, Spain is higher (11.39% vs regional median 5.49%) and ranks 3rd out of 41 countries in Europe.
Yearly Historical Data (1991-2024)
(in %)Spain Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Spain's labor force that is looking for work but does not have a job.