24Peaks / North America / Mexico / Unemployment Rate

Mexico - Unemployment Rate 2.67

World Bank WDI · updated 2026-10-15 · 187 economies tracked

Latest value

2.67 (2025)

Global rank

##28 of 187 economies

vs global median

0.5×

Growth since 1991

0.85×

Ranking Race โ€” Unemployment Rate

1 = global #1 ยท lower value ranks higher

#1#16#31#46#61#76#9119911996200120062011201620212025#58#282024 overtook Poland2025 overtook Guinea-Bissau
MexicoQatarCambodiaNigerThailand

Real annual global ranks, 1991 - 2025. Mexico climbed from #58 to #28 (overtook Poland). Gaps in a lane = missing data that year.

Key events for Mexico ↓

Key Events โ€” Mexico

Auto-detected from rank data + curated milestones

1994
Peso crisis and NAFTA curated

Tequila crisis hits weeks after NAFTA takes effect.

1995
Fell 30 places in global rank auto
1996
Climbed 21 places in global rank auto
1999
Climbed 21 places in global rank auto
2009
Global crisis recession curated

Heavy US dependence drags GDP down.

2020
COVID-19 recession curated

Sharp contraction with limited fiscal space.

2024
Overtook Poland in global rank auto
2025
Overtook Guinea-Bissau in global rank auto

Unemployment Rate, 1991-2025

World Bank WDI · % of total labor force · linear scale · ranking in the race above
199120012011202120252.64.15.597.09

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