Spain unemployment rate

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Spain unemployment rate: 11.27 (-8.3%)
Last Update: June 30, 2024

Spain unemployment rate closed down 11.27 as of June 30, 2024 from 12.29 from the previous month and 15.26 from last year.


Spain unemployment rate Analytics & Data




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Spain unemployment rate

DateValues
2024-06-30 11.27
2024-03-31 12.29
2023-12-31 11.8
2023-09-30 11.89
2023-06-30 11.67
2023-03-31 13.26
2022-12-31 12.87
2022-09-30 12.67
2022-06-30 12.48
2022-03-31 13.65
2021-12-31 13.33
2021-09-30 14.57
2021-06-30 15.26
2021-03-31 15.98
2020-12-31 16.13
2020-09-30 16.26
2020-06-30 15.33
2020-03-31 14.41
2019-12-31 13.78
2019-09-30 13.92
2019-06-30 14.02
2019-03-31 14.7
2018-12-31 14.45
2018-09-30 14.55

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Spain unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment ratees.unemploymentrate11.2712.29-8-26DownDown262024-06-30

Spain unemployment rate Factors

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Spain unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Spain unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Spain unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Spain unemployment rate

The unemployment rate in Spain is a significant economic indicator that measures the percentage of the labor force that is actively seeking employment but is unable to find work. Spain has experienced high levels of unemployment in recent years, with the rate peaking at over 25% during the global financial crisis. The country has since made progress in reducing the unemployment rate, but it still remains above the European Union average. High unemployment can have negative effects on the economy, such as reduced consumer spending and lower tax revenues, as well as social implications such as increased poverty and inequality. Policymakers in Spain continue to work towards reducing unemployment through various measures, such as labor market reforms and investment in education and training programs.

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