HistoryData

Unemployment Rate: Costa Rica

Costa Rica's unemployment rate is currently 8.0% as of 2026. # Costa Rica Unemployment Rate Costa Rica's unemployment rate stands at 8% in 2026, reflecting a significant recovery from the pandemic shock of 2020.

Current (2026)
8.0%
+6.7% y/y
Peak (2020)
20.0%
Low (1989)
3.8%
Source
IMF World Economic Outlook
19802026 · 51 pts

Unemployment RateCosta Rica

19802026

Unemployment Rate — Costa Rica
3.8%7.85%11.9%15.95%20%198019902000201020202030LowPeak
Analysis# Costa Rica Unemployment Rate Costa Rica's unemployment rate stands at 8% in 2026, reflecting a significant recovery from the pandemic shock of 2020. The country experienced its worst employment crisis on record that year, when unemployment surged to 20%, yet remains well above its historical low of 3.8% set in 1989. Since 1980, the overall unemployment rate has increased 35.6 percentage points, indicating a long-term shift in labor market dynamics despite recent improvements. The most dramatic turning point occurred during the COVID-19 pandemic, when unemployment nearly doubled between 2019 (12.4%) and 2020 (20%). Costa Rica's labor market has since stabilized, with unemployment declining steadily from that peak through 2024 (6.9%) before ticking slightly upward. The modest increase from 2024 to 2026 suggests a leveling off rather than a renewed deterioration, positioning the country's employment situation within a manageable range.

Historical Data

51 Rows
YearValueChange %
20308.5%+0.00%
20298.5%+0.00%
20288.5%+0.00%
20278.5%+6.25%
20268.0%+6.67%
20257.5%+8.70%
20246.9%-5.48%
20237.3%-37.61%
202211.7%-14.60%
202113.7%-31.50%
202020.0%+61.29%
201912.4%+3.33%
201812.0%+29.03%
20179.3%-2.11%
20169.5%-1.04%
20159.6%-1.03%
20149.7%+16.87%
20138.3%-15.31%
20129.8%-6.67%
201110.5%+14.13%
Show all 51 rows
YearValueChange %
20109.2%+17.95%
20097.8%+59.18%
20084.9%+6.52%
20074.6%-23.33%
20066.0%-9.09%
20056.6%+1.54%
20046.5%-2.99%
20036.7%+4.69%
20026.4%+4.92%
20016.1%+17.31%
20005.2%-13.33%
19996.0%+7.14%
19985.6%-1.75%
19975.7%-8.06%
19966.2%+19.23%
19955.2%+23.81%
19944.2%+2.44%
19934.1%+0.00%
19924.1%-25.45%
19915.5%+19.57%
19904.6%+21.05%
19893.8%-30.91%
19885.5%-1.79%
19875.6%-9.68%
19866.2%-8.82%
19856.8%+25.93%
19845.4%-41.30%
19839.2%-2.13%
19829.4%+6.82%
19818.8%+49.15%
19805.9%

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