Unemployment Rate: Uruguay
Uruguay's unemployment rate is currently 8.0% as of 2026. # Uruguay Unemployment Rate Uruguay's unemployment rate stands at 8% in 2026, reflecting a labor market that has stabilized after pandemic disruptions.
Current (2026)
8.0%
+1.3% y/y
Peak (2003)
17.2%
Low (2011)
6.3%
Source
IMF World Economic Outlook
1983–2026 · 48 pts
Unemployment Rate — Uruguay
1983 — 2026
Unemployment Rate — Uruguay
Analysis# Uruguay Unemployment Rate
Uruguay's unemployment rate stands at 8% in 2026, reflecting a labor market that has stabilized after pandemic disruptions. The current level sits well below the nation's all-time peak of 17.2% in 2003, though modestly above the historic low of 6.3% recorded in 2011. Since 1983, Uruguay has achieved a 44.8% reduction in unemployment, demonstrating substantial long-term labor market improvement.
The 2020 pandemic spike to 10.4% marked the most recent shock, followed by a consistent recovery through 2022. From 2022 onward, the unemployment rate has hovered between 7.9% and 8.3%, suggesting a normalization around the 8% threshold. The recent trajectory indicates stability rather than dramatic improvement, with projections holding steady near current levels through the forecast period.
Historical Data
48 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 8.0% | +0.00% |
| 2029 | 8.0% | +0.00% |
| 2028 | 8.0% | +0.00% |
| 2027 | 8.0% | +0.00% |
| 2026 | 8.0% | +1.27% |
| 2025 | 7.9% | -3.66% |
| 2024 | 8.2% | -1.20% |
| 2023 | 8.3% | +5.06% |
| 2022 | 7.9% | -15.96% |
| 2021 | 9.4% | -9.62% |
| 2020 | 10.4% | +16.85% |
| 2019 | 8.9% | +5.95% |
| 2018 | 8.4% | +6.33% |
| 2017 | 7.9% | +0.00% |
| 2016 | 7.9% | +5.33% |
| 2015 | 7.5% | +13.64% |
| 2014 | 6.6% | +1.54% |
| 2013 | 6.5% | +3.17% |
| 2012 | 6.3% | +0.00% |
| 2011 | 6.3% | -10.00% |
Show all 48 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 7.0% | -10.26% |
| 2009 | 7.8% | -1.27% |
| 2008 | 7.9% | -15.96% |
| 2007 | 9.4% | -12.96% |
| 2006 | 10.8% | -10.74% |
| 2005 | 12.1% | -9.02% |
| 2004 | 13.3% | -22.67% |
| 2003 | 17.2% | +2.38% |
| 2002 | 16.8% | +10.53% |
| 2001 | 15.2% | +13.43% |
| 2000 | 13.4% | +19.64% |
| 1999 | 11.2% | +10.89% |
| 1998 | 10.1% | -12.93% |
| 1997 | 11.6% | -2.52% |
| 1996 | 11.9% | +15.53% |
| 1995 | 10.3% | +11.96% |
| 1994 | 9.2% | +10.84% |
| 1993 | 8.3% | -7.78% |
| 1992 | 9.0% | +1.12% |
| 1991 | 8.9% | +4.71% |
| 1990 | 8.5% | +6.25% |
| 1989 | 8.0% | -6.98% |
| 1988 | 8.6% | -5.49% |
| 1987 | 9.1% | -9.90% |
| 1986 | 10.1% | -22.90% |
| 1985 | 13.1% | -6.43% |
| 1984 | 14.0% | -3.45% |
| 1983 | 14.5% | — |
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