Costa Rica Youth Unemployment Rate

Unemployment rate for people aged 15-24.

Youth Unemployment Rate in Costa Rica decreased to 19.95 percent in 2025 from 20.48 percent in 2024.

19.9%
▼ −0.5 pp2025 · previous 20.5%Annual · percent · Source: World Bank — World Development Indicators

Costa Rica Youth Unemployment Rate — History

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Costa Rica Youth Unemployment Rate — analysis in simple words

Latest reading

Youth Unemployment Rate in Costa Rica decreased to 19.95 percent in 2025 from 20.48 percent in 2024.

It has fallen in each of the last three years.

Recent trend

A year earlier (2024) it was 20.5%, so the latest figure is 0.5 percentage points lower.

Over the past five years the average was 26.9%, with a range from 19.9% to 39.2%. The latest value is below that five-year average.

Historical context

This data series starts in 1991 and has 35 annual observations. The latest reading is higher than 57% of all of them.

The highest value on record is 40.1% (2020) and the lowest is 7.6% (1992). The long-run average is 18.3%.

Compared with other countries

Among 187 economies with recent data, Costa Rica ranks 50th from the top. The median across all these economies is 13.0%, so Costa Rica is above the typical country.

Within Latin America & Caribbean (31 economies with data) it ranks 9th; the regional median is 14.0%.

Statistics

Latest
19.9%2025
Previous
20.5%
5-year average
26.9%
Long-run average
18.3%since 1991
All-time high
40.1%2020
All-time low
7.6%1992
Observations
35Annual

Recent Data

PeriodValueChange
202519.9%▼ −0.5 pp
202420.5%▼ −3.8 pp
202324.3%▼ −6.4 pp
202230.7%▼ −8.5 pp
202139.2%▼ −0.9 pp
202040.1%▲ +8.9 pp
201931.2%▲ +6.1 pp
201825.1%▲ +4.3 pp
201720.7%▼ −0.9 pp
201621.7%▼ −0.7 pp
201522.4%▼ −1.9 pp
201424.2%▲ +2.7 pp
201321.6%▼ −0.8 pp
201222.4%▲ +0.3 pp
201122.0%▲ +4.7 pp
201017.4%▼ −1.0 pp
200918.4%▲ +7.1 pp
200811.2%▲ +0.2 pp
200711.1%▼ −3.2 pp
200614.3%▼ −1.3 pp
200515.5%▲ +1.0 pp
200414.5%▼ −0.5 pp
200315.1%▲ +0.6 pp
200214.5%▲ +0.7 pp
200113.8%▲ +2.6 pp
200011.2%▼ −2.4 pp
199913.6%▲ +1.7 pp
199811.9%▲ +0.0 pp
199711.8%▼ −0.4 pp
199612.2%

Youth Unemployment Rate — Costa Rica vs Peers

Latest available reading for each economy (periods may differ). Costa Rica highlighted.

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More Costa Rica indicators

Understanding Youth Unemployment Rate — a simple guide

What it measures

The unemployment rate for people aged 15–24.

How it is calculated

Unemployed people aged 15–24 ÷ labour force aged 15–24 × 100.

Simple example

A rate of 15% means 15 of every 100 young people in the labour force cannot find work.

▲ When it is high or rising

High youth unemployment can signal difficulty absorbing new workers.

▼ When it is low or falling

Low youth unemployment means young people find jobs relatively easily.

Why it matters for the economy and markets

Youth unemployment reflects how well an economy absorbs new entrants to the labour market.

How to read it

It is usually two to three times the overall rate; sharp rises often appear early in downturns.

Data source

World Bank — World Development Indicators (series SL.UEM.1524.ZS), annual data from 1991 to 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current youth unemployment rate of Costa Rica?
Costa Rica youth unemployment rate was 19.9% in 2025, compared with 20.5% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest youth unemployment rate of Costa Rica?
Since 1991, the highest reading was 40.1% (2020) and the lowest was 7.6% (1992).
What does youth unemployment rate measure?
The unemployment rate for people aged 15–24.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.