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Mexico — Unemployment

Unemployment Rate for Mexico, 1991–2025.

Latest value · 2025
2.67%
Unemployment Rate · % of total labor force · -15.0% since 1991

Unemployment for Mexico was 2.67% in 2025, according to the latest World Bank data. The series covers 35 years, from 1991 to 2025. The highest recorded value was 7.09% in 1995. The lowest was 2.60% in 1999 (about 1.0× the low point). Across that span the compound annual growth rate works out to -0.48% per year.

Mexico ranks 160 of 187 economies on this measure (1 = highest), putting it in the top 86%. The median for Latin America & Caribbean is 5.99%, so Mexico sits below it. It peaked in 1995 and has fallen 62% since. Over the last decade (2015–2025) the figure moved down 38%.

Key figures

Latest (2025)
2.67%
First (1991)
3.15%
Change
-15.0%
Highest
7.09%
in 1995
Lowest
2.60%
in 1999
Average
3.89%
Annual growth (CAGR)
-0.48%
Years of data
35

Recent years

Year% of total labor force
20252.67%
20242.68%
20232.77%
20223.26%
20214.02%
20204.44%
20193.48%
20183.28%
20173.42%
20163.85%
20154.31%
20144.82%
Reading this correctly. Share of the labor force without work but available for and seeking employment. National definitions differ, so cross-country comparison needs care. Figures are in % of total labor force. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator SL.UEM.TOTL.ZS — Unemployment Rate. Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.