Investments of nearly $25 million over five years (2016-2021) are aimed at increasing competitiveness by tailoring the workforce to the needs of a modern economy. and an all time low of 3.30% in 2017. Learn more about statistics The Dutch government projects the unemployment rate in the nation will decrease to 4.9 percent in 2017. The number of unemployed people in Armenia is estimated to be closer to 30 percent. In the lead-up to the 2021 presidential election, authorities arrested over 40 individuals linked to the political opposition, including presidential candidates, private sector leaders, NGO workers, human rights defenders, and journalists. You only have access to basic statistics. Featured. Please create an employee account to be able to mark statistics as favorites. Improvements in fishing, mining, construction, energy and trade drove the readings. The government believes actions need to be taken to fight against child poverty and children should be given a greater voice and should be directly involved in policy-making. ), fossil fuels: 37.8% of total installed capacity (2020 est. The aftershocks of the recession hit young Italians the hardest. "Nicaragua: Distribution of employment by economic sector from 2011 to 2021." Additionally, the U.S. benefits from foreign aid to Djibouti by securing efficient and reliable trade routes to other nearby African countries such as Ethiopia, in which the U.S. has key commercial interests. Workers looking for jobs simply do not have the necessary skills required to fill many of the possible vacancies. WebThe unemployment rate for people between the ages of 15 and 24 is 8.5 percent. The big issue in Georgia is poverty, which is driving citizens towards cities and away from the countryside, leaving those in rural areas without resources. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. Upgrade now. Statista. Chart. To use individual functions (e.g., mark statistics as favourites, set )33.122 (2019 est. The reported unemployment rate in Armenia is 16 percent. E-16. In Nicaragua, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. ), 4.851 million metric tonnes of CO2 (2019 est. These top 10 facts about living conditions in Nicaragua provide a mixed account of the status of the country. Through the Workforce Development Project (WDP), the United States Agency for International Development and Djibouti are working together to reduce unemployment and create a more modern labor force. After GDP growth slowed in Q4 last year, the early signs for Q1 are positive. If Andorra built an airport and made trade connections with multiple countries, it would not be as vulnerable. )proven reserves: 0 metric tons (2019 est. The wealthiest 10 percent of the population in the Netherlands control about 24.9 percent of the whole countrys wealth. ), at birth: 1.05 male(s)/female0-14 years: 1.04 male(s)/female15-64 years: 0.94 male(s)/female65 years and over: 0.78 male(s)/femaletotal population: 0.95 male(s)/female (2023 est. Chart. The average value for Nicaragua during that period was 6.27 percent with a Nicaragua - youth unemployment rate 2003-2022 | Statista The population of Nicaragua is estimated to be 0.0 million in 2022 using United Nations estimates. Web24.9 (%) in 2016 In 2016, poverty rate at national poverty line for Nicaragua was 24.9 %. WebAbout Nicaragua Unemployment Rate. )spirits: 2.1 liters of pure alcohol (2019 est. )$5,300 (2019 est. Historically, Unemployment Rate in Nicaragua reached an all time high of They were placed on your computer when you launched this website. )consumption: 0 metric tons (2020 est. In addition, many of the small farms do not have adequate infrastructures or access to farming technology. With development, it is important that the country initiate programs that provide its people with proper nutrition. Okay to continue The Netherlands is a wealthy country in Europe, but it also faces many problems such as child poverty. Historically, Unemployment Rate in Nicaragua reached an all time high of 11.9% in 2023 and an all time low of 3.30% in 2017. )crude oil and lease condensate imports: 13,000 bbl/day (2018 est. Historically, Unemployment Rate in Nicaragua reached an all time high of 11.9% in 2023 and an all time low of 3.30% in 2017. Unemployment rose from 5.5 percent in 2019 to 6.2 percent in 2020. Unemployment rose from 5.5 percent in 2019 to 6.2 percent in 2020. However, substantial U.S. foreign aid is indirectly creating opportunities for U.S. exporters. )6.08% (2020 est. ), approximately 12,000 active personnel (10,000 Army; 800 Navy; 1,200 Air Force) (2022), the military's inventory includes mostly secondhand Russian/Soviet-era equipment; in recent years, Russia has been the leading arms supplier to Nicaragua (2023), 18-30 years of age for voluntary military service; no conscription; tour of duty 18-36 months; requires Nicaraguan nationality and 6th-grade education (2022), the military is responsible for defending Nicaraguas independence, sovereignty, and territory, but also has some domestic security responsibilities; key tasks include border security, assisting the police, protecting natural resources, and providing disaster relief and humanitarian assistance; it has ties with the militaries of Cuba, Venezuela, and Russia; Russia has provided training support and equipmentthe militarys Land Forces have a mechanized brigade and approximately 8 regional commands or detachments, each with 1 or more light infantry battalions; there is also a small special operations command; the Naval Forces operate patrol boats and have a naval infantry battalion; the Air Forces do not possess any combat aircraftthe modern Army of Nicaragua was created in 1979 as the Sandinista Popular Army (1979-1984); prior to 1979, the military was known as the National Guard, which was organized and trained by the US in the 1920s and 1930s; the first commander of the National Guard, Anastasio SOMOZA GARCIA, seized power in 1937 and ran the country as a military dictator until his assassination in 1956; his sons ran the country either directly or through figureheads until the Sandinistas came to power in 1979; the defeated National Guard was disbanded by the Sandinistas (2023), Nicaragua-El Salvador-Honduras: the 1992 ICJ ruling for El Salvador and Honduras advised a tripartite resolution to establish a maritime boundary in the Gulf of Fonseca, which considers Honduran access to the Pacific; the court ruled, rather, that the Gulf ofFonsecarepresents a condominium, with control being shared by El Salvador, Honduras, and Nicaragua; the decision allowed for the possibility that the three nations could divide the waters at a later date if they wished to do so, Nicaragua-Costa Rica: Nicaragua and Costa Rica regularly file border dispute cases with the ICJ over the delimitations of the San Juan River and the northern tip of Calero Island, virtually uninhabited areas claimed by both countries; there is an ongoing case in the ICJ to determine Pacific and Atlantic ocean maritime borders as well as land borders; in 2009, the ICJ ruled that Costa Rican vessels carrying out police activities could not use the river, but official Costa Rican vessels providing essential services to riverside inhabitants and Costa Rican tourists could travel freely on the river; in 2011, the ICJ provisionally ruled that both countries must remove personnel from the disputed area; in 2013, the ICJ rejected Nicaragua's 2012 suit to halt Costa Rica's construction of a highway paralleling the river on the grounds of irreparable environmental damage; in 2013, the ICJ, regarding the disputed territory, ordered that Nicaragua should refrain from dredging or canal construction and refill and repair damage caused by trenches connecting the river to the Caribbean and upheld its 2010 ruling that Nicaragua must remove all personnel; in early 2014, Costa Rica brought Nicaragua to the ICJ over offshore oil concessions in the disputed region; in 2018, the ICJ ruled that Nicaragua must remove a military base from a contested coastal area near the San Juan River, and that Costa Rica had sovereignty over the northern part of Isla Portillos, including the coast, but excluding Harbour Head Lagoon; additionally, Honduras was required to pay reparations for environmental damage to part of the wetlands at the mouth of the San Juan River, Nicaragua-Colombia: Nicaragua filed a case with the International Court of Justice (ICJ) against Colombia in 2013 over the delimitation of the Continental shelf beyond the 200 nautical miles from the Nicaraguan coast, as well as over the alleged violation by Colombia of Nicaraguan maritime space in the Caribbean Sea, which contains rich oil and fish resources; as of September 2021, Colombia refuses to abide by the ICJ ruling, tier rating: Tier 3 Nicaragua does not fully meet the minimum standards for the elimination of trafficking and is not making significant efforts to do so; the government took some steps to address trafficking, prosecuting eight alleged traffickers and convicting four sex traffickers; however, the government continued to downplay the severity of the trafficking problem, denying that traffickers exploited Nicaraguans in foreign countries; officials did not report any investigations, prosecutions, or convictions of government employees, despite endemic corruption and widespread official complicity; the government did not cooperate with NGOs and civil society in a national anti-trafficking coalition seeking to identify and provide services to victims (2022)trafficking profile: human traffickers exploit domestic and foreign victims in Nicaragua and Nicaraguans abroad; women, children, and migrants are most at risk; women and children are subject to sex trafficking within the country and its two Caribbean autonomous regions, as well as in other Central American countries, Mexico, Spain, and the United States; traffickers used social media to recruit victims with promises of higher-paying jobs in restaurants, hotels, domestic service, construction, and security outside of Nicaragua where they are subjected to sex or labor trafficking; traffickers force children to participate in illegal drug production and trafficking, while others are forced to work in artisanal mines and quarries; children and persons with disabilities are subjected to forced begging; Nicaragua is a destination for child sex tourists from the United States, Canada, and Western Europe (2022), transit route for illicit drugs originating from South America destined for the United States, total population growth rate v. urban population growth rate, 2000-2030, Children under the age of 5 years underweight, International law organization participation, Gini Index coefficient - distribution of family income, Household income or consumption by percentage share, Civil aircraft registration country code prefix, Military and security service personnel strengths, Military equipment inventories and acquisitions, Center for the Study of Intelligence (CSI). Nicaragua Business Solutions including all features. Although Andorra is a part of Europe, this small chunk of land skirts above the poverty line. "Nicaragua: Youth Unemployment Rate from 2003 to 2022. WebFollowing early 2020 responses to the pandemic, labor force participation declined dramatically and has remained below its 2019 level, whereas the unemployment rate recovered briskly.