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Unemployment Rate

The unemployment rate is defined as the percentage of unemployed workers in the total labor force. Workers are considered unemployed if they currently do not work, despite the fact that they are able and willing to do so. The total labor force consists of all employed and unemployed people within an economy.

The unemployment rate provides insights into the economy’s spare capacity and unused resources. Unemployment tends to be cyclical and decreases when the economy expands as companies contract more workers to meet growing demand. Unemployment usually increases as economic activity slows.

There are different types of unemployment: Frictional unemployment refers to temporary unemployment during the period when people are searching for a job. Structural unemployment is a mismatch between workers’ skills or locations and job requirements. Seasonal unemployment is caused by seasonal patterns in economic activity, such as harvesting or tourism.

The methodology for calculating the unemployment rate often varies among countries since different definitions of employment and unemployment, as well as different data sources, are used.

This chart displays Unemployment (% of active population, aop) for Middle East & North Africa, Latin America, Euro Area, South Asia, Major Economies from 2010 to 2024.

Unemployment Rate Data

2020 2021 2022 2023 2024
Albania 11.7 11.6 11.0 9.5 8.5
Algeria 14.1 13.6 12.3 11.7 11.4
Angola 16.7 15.8 14.6 14.5 14.5
Argentina 11.5 8.8 6.8 6.1 7.1
Armenia 18.0 15.4 13.0 12.6 13.9
Australia 6.5 5.1 3.7 3.7 4.0
Austria 6.1 6.2 4.7 5.1 5.2
Azerbaijan 6.4 6.4 5.8 5.5 5.4
Bahrain 5.9 6.8 5.4 6.3 -
Bangladesh 5.4 5.3 4.6 4.5 4.7
Belarus 4.1 3.9 3.6 3.5 3.0
Belgium 5.6 6.3 5.6 5.5 5.7
Belize 13.8 10.3 6.1 3.3 2.6
Bolivia 8.3 6.9 4.7 4.9 -
Bosnia-Herz. 15.9 17.4 15.4 13.2 12.6
Botswana 21.0 23.1 23.6 23.4 23.1
Brazil 13.5 13.5 9.5 8.0 6.9
Brunei 7.4 4.9 5.2 5.3 -
Bulgaria 6.1 5.2 4.2 4.3 4.2
Cambodia 0.2 0.4 0.2 0.2 -
Cameroon 3.9 4.0 3.7 3.6 3.5
Canada 9.7 7.5 5.3 5.4 6.4
CdI 2.6 2.6 2.3 2.3 2.3
Chile 10.6 9.1 7.8 8.6 8.5
China 5.6 5.1 5.6 5.2 5.1
Colombia 16.7 13.8 11.2 10.2 10.2
Costa Rica 19.6 16.4 12.2 8.9 7.5
Croatia 7.6 7.5 6.7 6.1 5.0
Cuba 2.2 2.1 1.8 1.7 1.5
Cyprus 7.6 7.2 6.3 5.9 4.9
Czech Republic 2.6 2.8 2.4 2.6 2.8
Denmark 4.7 3.6 2.5 2.8 2.9
Dominican Republic 5.8 7.4 5.3 5.3 5.1
DR Congo 5.3 5.3 4.5 4.5 4.6
Ecuador 6.1 5.2 4.3 3.7 3.7
Egypt 8.0 7.4 7.2 7.0 6.6
El Salvador 6.9 7.2 5.0 5.2 -
Estonia 6.9 6.2 5.6 6.4 7.6
Ethiopia 4.0 3.9 3.4 3.4 3.4
Euro Area 8.0 7.8 6.7 6.6 6.4
Finland 7.8 7.6 6.8 7.2 8.4
France 8.0 7.9 7.3 7.3 7.4
Georgia 18.5 20.6 17.3 16.4 13.9
Germany 5.9 5.7 5.3 5.7 6.0
Ghana 3.3 3.4 3.1 3.1 3.0
Greece 17.6 14.8 12.5 11.1 10.1
Guatemala 3.0 2.2 3.1 2.3 2.2
Haiti 15.6 15.3 14.7 14.6 -
Honduras 11.0 8.5 8.8 6.1 6.1
Hong Kong 5.5 5.4 4.4 3.0 3.0
Hungary 4.0 4.1 3.5 4.1 4.5
Iceland 6.3 5.8 3.6 3.4 3.4
Indonesia 6.0 6.4 5.8 5.4 -
Iran 9.6 9.2 9.0 8.1 7.6
Iraq 15.8 16.2 15.5 15.4 15.5
Ireland 5.8 6.3 4.5 4.3 4.3
Israel 4.3 5.0 3.8 3.5 3.0
Italy 9.3 9.5 8.1 7.7 6.6
Jamaica 10.2 8.4 6.3 4.4 4.2
Japan 2.8 2.8 2.6 2.6 2.5
Jordan 22.7 24.1 22.9 22.0 21.4
Kazakhstan 4.9 4.9 4.9 4.7 4.7
Kenya 5.6 5.7 5.6 5.6 -
Korea 3.9 3.7 2.9 2.7 2.8
Kosovo 22.7 22.5 12.3 10.9 -
Kuwait 3.5 2.9 2.2 2.1 -
Kyrgyzstan 3.1 3.0 2.9 2.7 2.1
Laos 2.4 2.1 1.2 1.2 1.2
Latvia 8.1 7.5 6.8 6.5 6.9
Lebanon 13.3 12.8 11.7 11.7 -
Lithuania 8.5 7.1 5.9 6.8 7.1
Luxembourg 6.4 5.7 4.8 5.2 5.7
Malaysia 4.5 4.6 3.8 3.4 3.3
Malta 4.9 3.8 3.5 3.5 3.1
Mexico 4.4 4.1 3.3 2.8 2.7
Moldova 3.8 3.3 3.1 4.6 4.0
Mongolia 6.7 8.3 6.4 5.3 5.0
Montenegro 18.3 16.8 15.0 13.4 -
Morocco 11.9 12.4 11.9 13.0 13.4
Mozambique 4.1 4.3 3.8 3.7 -
Myanmar 11.5 - - - -
Netherlands 4.9 4.2 3.5 3.6 3.7
New Zealand 4.6 3.8 3.3 3.7 4.7
Nicaragua 5.0 4.5 3.5 3.4 3.1
Nigeria 5.7 5.5 3.8 3.1 3.0
North Macedonia 16.2 15.4 14.4 13.1 12.4
Norway 4.6 4.4 3.2 3.6 4.0
Oman 2.9 1.9 3.3 3.2 3.2
Pakistan 6.6 6.3 - - -
Panama 14.7 10.2 8.1 6.5 6.5
Paraguay 7.7 7.5 6.7 5.9 5.8
Peru 12.8 11.3 7.7 6.9 6.6
Philippines 10.4 7.8 5.4 4.4 3.8
Poland 6.0 6.4 5.4 5.2 5.1
Portugal 7.1 6.7 6.2 6.6 6.4
Puerto Rico 8.9 7.9 6.0 5.9 5.6
Qatar 0.1 0.1 0.1 0.1 -
Romania 6.0 5.6 5.6 5.6 5.5
Russia 5.8 4.8 4.0 3.2 2.5
Rwanda 11.8 15.8 15.1 12.4 12.0
Saudi Arabia 7.7 6.1 4.9 4.0 3.5
Senegal 3.4 3.4 2.8 2.8 3.0
Serbia 9.0 11.1 9.6 9.4 8.6
Singapore 3.2 2.8 2.1 1.9 2.0
Slovakia 6.7 6.8 6.2 5.9 5.4
Slovenia 5.0 4.8 4.0 3.7 3.7
South Africa 29.2 34.3 33.5 32.4 32.6
Spain 15.5 14.9 13.0 12.2 11.3
Sri Lanka 5.5 5.2 4.7 4.7 4.4
Sudan 12.0 11.0 7.5 11.4 -
Sweden 8.5 8.9 7.5 7.7 8.4
Switzerland 3.2 3.0 2.2 2.0 2.5
Taiwan 3.8 4.0 3.7 3.5 3.4
Tajikistan 12.3 12.3 11.6 11.5 11.6
Tanzania 2.8 2.8 2.6 2.6 2.6
Thailand 1.7 1.9 1.3 1.0 1.0
Trinidad and Tobago 5.7 5.4 4.9 4.0 -
Tunisia 16.7 17.6 15.5 16.0 -
Turkey 13.1 12.0 10.5 9.4 8.7
Turkmenistan 4.5 4.5 4.1 4.1 -
UAE 4.3 3.1 2.9 2.2 2.1
Uganda 3.8 3.4 2.9 2.8 2.9
Ukraine 9.2 10.0 - - -
United Kingdom 4.6 4.6 3.8 4.1 4.3
United States 8.1 5.4 3.6 3.6 4.0
Uruguay 10.4 9.3 7.9 8.3 8.2
Uzbekistan 11.1 9.8 8.9 6.8 -
Vietnam 2.5 3.1 2.3 2.3 2.2
Yemen 18.0 18.3 17.4 17.1 17.1
Zambia 6.0 5.2 6.0 5.9 6.0
Zimbabwe 8.6 9.5 10.1 8.8 8.6

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