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Mexico — Unemployment

Also known as unemployment rate, jobless rate, share out of work, people without jobs.

Unemployment Rate for Mexico, 1991–2025.

Latest value · 2025
2.67%
Unemployment Rate · % of total labor force · -15.0% since 1991
Free for any use — attribution is the link itself.

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%. Within Latin America & Caribbean it ranks 29 of 31 economies; Guatemala (2.60%) is just below it. Its sharpest one-year move was up 60% in 1995. That is 23% below this series' own ten-year average.

Data highlights

From its 1991 level: doubled by 1995.

World ranking. Slipped: 131st of 187 in 1991 → 163rd of 187 in 2000 → 116th of 187 in 2010 → 136th of 187 in 2020 → 155th of 182 in 2025.

Adjacent in the latest world ranking (160 of 187): South Korea (#159) · Guinea-Bissau (#161).

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 published years. 2025 — 2.67% · 2024 — 2.68% · 2023 — 2.77% · 2022 — 3.26% · 2021 — 4.02%.

Full history — 1991 to 2025

All 35 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Mexico — Unemployment
Year% of total labor forceChange
20252.67%-0.0 pp
20242.68%-0.1 pp
20232.77%-0.5 pp
20223.26%-0.8 pp
20214.02%-0.4 pp
20204.44%+1.0 pp
20193.48%+0.2 pp
20183.28%-0.1 pp
20173.42%-0.4 pp
20163.85%-0.5 pp
20154.31%-0.5 pp
20144.82%-0.1 pp
20134.92%+0.0 pp
20124.89%-0.3 pp
20115.18%-0.1 pp
20105.3%-0.1 pp
20095.36%+1.5 pp
20083.87%+0.2 pp
20073.63%+0.1 pp
20063.57%+0.0 pp
20053.56%-0.4 pp
20043.94%+0.5 pp
20033.46%+0.5 pp
20023%+0.4 pp
20012.63%-0.0 pp
20002.65%+0.0 pp
19992.6%-1.1 pp
19983.73%-0.5 pp
19974.24%-1.2 pp
19965.47%-1.6 pp
19957.1%+2.7 pp
19944.44%+1.1 pp
19933.37%+0.1 pp
19923.24%+0.1 pp
19913.15%—
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.

Frequently asked questions

What was Mexico’s Unemployment in 1992?

3.24% (1992). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in % of total labor force, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Mexico’s Unemployment growing or shrinking?

Between 1991 and 2025 the series was shrinking overall: -15.0% in total — about 0.5% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator SL.UEM.TOTL.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 2.67%; 2024: 2.68%; 2023: 2.77%; 2022: 3.26%; 2021: 4.02%. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/mexico/unemployment/" width="600" height="360" style="border:0" loading="lazy" title="Mexico — Unemployment"></iframe>Free to use with attribution — the link back is the attribution.
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.
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