Colombia Unemployment Rate

Last Release

Jan 31, 2025

Actual

11.64

Units In

9.1

Frequency

Monthly

Next Release

Mar 31, 2025

Time to Release

29 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
21.4 May 2020	7.3 Nov 2015	11.56 %	2001-2025	N/A

In Colombia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Latest Updates

The unemployment rate in Colombia dropped to 11.6% in January 2025, down from 12.7% in the same month last year, although rebounding further from the lowest level since late 2015 of 8.2% in November. The employed population increased by 878,000 reaching 22.903 million year-on-year. The labor force participation rate decreased to 65.7% from 65.9% a year earlier, while the employment rate rose to 58.4% from 57.7%.