Unemployment in Hong Kong
The unemployment rate in Hong Kong averaged 3.8% in the decade to 2022. The unemployment rate in 2022 was 4.4%. For more unemployment information, visit our dedicated page.
Hong Kong Unemployment Chart
Note: This chart displays Unemployment Rate for Hong Kong from 2014 to 2023.
Source: Macrobond.
Hong Kong Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 2.9 | 5.5 | 5.4 | 4.4 | 3.0 |
| Unemployment (% of active population, eop) | 3.1 | 6.3 | 3.8 | 3.3 | 2.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Hong Kong unemployment projections for the next ten years from a panel of 14 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Hong Kong unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Hong Kong unemployment projections.
Want to get access to the full dataset of Hong Kong unemployment forecasts? Send an email to info@focus-economics.com.