Brazil Unemployment rate (annual) in Brazil

IBGE · Anual · Importance 70

IMF forecast (WEO): 2026: 6.8% 2027: 7.4% 2028: 7.4% 2029: 7.4% 2030: 7.4% 2031: 7.4%
7.4% (2031) ANUAL · % · Anual · CSV
Period%
Dec 2031 7.4%
Dec 2030 7.4%
Dec 2029 7.4%
Dec 2028 7.4%
Dec 2027 7.4%
Dec 2026 6.8%
Dec 2025 6.0%
Dec 2024 6.9%
Dec 2023 8.0%
Dec 2022 9.3%
Dec 2021 13.2%
Dec 2020 13.8%
Dec 2019 12.0%
Dec 2018 12.4%
Dec 2017 12.9%
Dec 2016 11.6%
Dec 2015 8.6%
Dec 2014 6.9%
Dec 2013 7.2%
Dec 2012 6.9%
Dec 2011 7.6%
Dec 2010 8.0%
Dec 2009 9.4%
Dec 2008 8.3%
Dec 2007 9.3%
Dec 2006 9.7%
Dec 2005 10.6%
Dec 2004 10.1%
Dec 2003 11.2%
Dec 2002 10.6%
Dec 2001 10.6%
Dec 2000 10.5%
Dec 1999 11.1%
Dec 1998 10.1%
Dec 1997 9.0%
Dec 1996 8.0%
Dec 1995 7.1%
Dec 1994 6.5%
Dec 1993 6.0%
Dec 1992 6.4%
Dec 1991 6.4%

About this indicator

SourceInternational Monetary Fund
FrequencyAnual
Release Publicación anual, referida al conjunto del ejercicio y sujeta a revisión.
What it isThe unemployment rate is the percentage of jobless people relative to Brazil's total labour force. It is the main gauge of the labour market and of the economy's ability to create jobs, and it is published by the IBGE.
How it's calculatedIt is derived from the IBGE's continuous household survey (PNAD Contínua), following ILO criteria: a person is counted as unemployed if they are without work, available for work and actively seeking it. It is usually released as a rolling three-month average.
Market implicationsIts trend shows the vigour of the Brazilian economy. A strong labour market boosts household consumption and income and is a key variable for the central bank's Selic decisions and for the real.
LimitationsIt is worth distinguishing whether the rate moves because of shifts in labour demand or because of changes in the labour force (for example, discouraged workers or new entrants). Survey data are subject to sampling error and revisions, and the three-month average smooths sharp turns.