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Colombia’s Unemployment Rate

#113 of 178 in the Unemployment Rate progress rankings

The Unemployment Rate quantifies the share of the labor force that remains without work while actively searching for jobs. It highlights economic challenges and the health of labor markets, serving as a key sign of employment conditions (lower is better)

Latest (2024)
9.6 %
Year-over-year
+0.0 %
Change since start (1991→2024)
-0.5 %

Key insights

  • From 1991 to 2024, Unemployment Rate changed by -0.5 %.
  • Most recent year-over-year change (2023→2024): +0.0 %.
  • Lowest level: 7.8 % in 1993.
  • Highest level: 20.5 % in 2000.

Unemployment Rate Chart (1991–2024)

*Average based on available data from 193 UN member countries

Unemployment Rate Table (1991–2024)

Unemployment Rate — Colombia
Year Unemployment Rate
1991 10.1 %
1992 9.4 %
1993 7.8 %
1994 8.3 %
1995 8.7 %
1996 11.8 %
1997 12.1 %
1998 15.0 %
1999 20.1 %
2000 20.5 %
2001 15.0 %
2002 14.5 %
2003 13.2 %
2004 13.7 %
2005 11.1 %
2006 11.1 %
2007 11.2 %
2008 11.3 %
2009 12.1 %
2010 11.2 %
2011 10.3 %
2012 10.0 %
2013 9.2 %
2014 8.8 %
2015 8.6 %
2016 8.9 %
2017 9.1 %
2018 9.4 %
2019 10.3 %
2020 16.0 %
2021 13.9 %
2022 10.5 %
2023 9.6 %
2024 9.6 %

Source: World Bank