Unemployment Rate (Annual)
North America Ranking
Source: IMF
Definition of Unemployment Rate (Annual)
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Costa Rica | 17.95 | 2021 | 1 | 17.41 |
| 2 | Panama | 12.09 | 2021 | 2 | 12.85 |
| 3 ↑ | Honduras | 8.51 | 2021 | 4 | 8.37 |
| 4 ↓ | Canada | 7.51 | 2021 | 3 | 9.46 |
| 5 ↑ | Ecuador | 6.43 | 2021 | 7 | 6.11 |
| 6 ↑ | Nicaragua | 5.96 | 2021 | 8 | 6.08 |
| 7 ↓ | El Salvador | 5.94 | 2021 | 6 | 6.25 |
| 8 ↓ | United States | 5.46 | 2021 | 5 | 8.05 |
| 9 | Mexico | 4.38 | 2021 | 9 | 4.45 |
| 10 | Guatemala | 3.57 | 2021 | 10 | 3.55 |
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
