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Mexico vs Switzerland Unemployment

Switzerland moved above Mexico in 1993. In 1991 Mexico stood at roughly 173% of Switzerland’s Unemployment; today the figure is about 55%, and the pair was closest in 2014 (100%).

YearMexicoSwitzerlandSwitzerland as % of Mexico
19601.82%3.15%173%
19701.82%3.15%173%
19801.82%3.15%173%
19901.82%3.15%173%
20002.66%2.65%100%
20104.81%5.3%110%
20204.82%4.44%92%
20254.87%2.67%55%

Frequently asked questions

When did Switzerland move above Mexico in Unemployment?

In 1993. Switzerland’s published Unemployment rose above Mexico’s that year.

How do Mexico and Switzerland compare today?

Switzerland is ahead: 4.87% against 2.67% — the trailing economy stands at about 55% of the leader.

Are these Unemployment figures nominal or adjusted?

The series is a share expressed in % of total labor force, exactly as the World Bank publishes it; movements are percentage points, not percent.

Full series

Every published year for both economies, with charts, downloads and citations: