Latin America & Caribbean
Mexico Unemployment
Share of the labor force that is without work but available for and seeking employment.
Latest Value
2.7%
As of 2025
YoY Change
-0.2%
2024 → 2025
Record High
7.1%
Recorded in 1995
Record Low
2.6%
Recorded in 1999
10-Year Average
3.4%
2016–2025
Data Range
1991–2025
35 data points
Source
World Bank
Code: SL.UEM.TOTL.ZS
Historical Trend
1991 – 2025
Analysis
Mexico's unemployment rate of 2.67% is relatively low compared to other countries, indicating a strong labor market. This low rate suggests that the country is experiencing a period of economic growth and job creation. The low unemployment rate may also lead to increased consumer spending and economic activity.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2025 | 2.7% | 0.0% | -0.2% |
| 2024 | 2.7% | 0.1% | -3.1% |
| 2023 | 2.8% | 0.5% | -15.1% |
| 2022 | 3.3% | 0.8% | -19.0% |
| 2021 | 4.0% | 0.4% | -9.5% |
| 2020 | 4.4% | 1.0% | +27.7% |
| 2019 | 3.5% | 0.2% | +6.2% |
| 2018 | 3.3% | 0.1% | -4.2% |
| 2017 | 3.4% | 0.4% | -11.3% |
| 2016 | 3.9% | 0.5% | -10.6% |
Source: World Bank Open Data · 1991–2025
Neighbouring Countries Ranking
Latin America & Caribbean · Unemployment
