Economic Data: Unemployment Rates Around the World In 2024
Unemployment Rates Around the World 2024 - GlobalCurrent24.com
International News Regarding The Global Unemployment Rate – According To The International Monetary Fund, Here Are The Unemployment Rates Around The World 2024.
The official unemployment rate is calculated by dividing the number of people without work by the total labor force. The problem arises when determining who is and is not a member of the work force. Individuals sometimes struggle to determine whether they should consider themselves working or jobless.
What exactly does it mean to be unemployed? At first glance, it looks to be a simple question. Unemployment, as we all know, has several negative consequences, like being unable to pay rent, obtain an education or visit a doctor, or care for oneself and family.
However, converting each person’s condition into data, and data into policies that might better the lives of millions of jobless people, is extremely difficult. While experts agree that the jobless rate represents the percentage of the labor force that is unemployed and that high unemployment can jeopardize growth and social cohesion, they frequently disagree on how to best quantify joblessness because there are various methods for assessing the nuances of a given labor market.
Unemployment Rates Around the World in 2024 – Full Lists
| Country | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Albania | 13.7 | 12.3 | 11.47 | 11.675 | 11.4 | 11.1 | 11 | 11 |
| Algeria | 11.709 | 11.731 | 11.383 | n/a | n/a | n/a | n/a | n/a |
| Andorra | 2.35 | 1.775 | 2.075 | 2.925 | 3.3 | 2.1 | 1.5 | 1.5 |
| Argentina | 8.35 | 9.2 | 9.825 | 11.55 | 8.75 | 6.825 | 6.575 | 8 |
| Armenia | 17.8 | 19 | 18.3 | 18.2 | 15.5 | 13 | 12.5 | 13 |
| Aruba | 8.923 | 7.283 | 5.2 | 8.6 | 8.8 | 6.6 | 5.691 | 6.728 |
| Australia | 5.593 | 5.3 | 5.173 | 6.5 | 5.094 | 3.697 | 3.669 | 4.21 |
| Austria | 5.933 | 5.208 | 4.808 | 5.475 | 6.175 | 4.767 | 5.1 | 5.398 |
| Azerbaijan | 4.961 | 4.944 | 5.004 | 7.244 | 6.039 | 5.646 | 5.583 | 5.521 |
| Bahrain | 4.1 | 4.3 | 4.7 | 5.9 | 5.9 | 7.7 | n/a | n/a |
| Barbados | 9.95 | 10.05 | 10.088 | 15.724 | 14.1 | 8.467 | 8.438 | 8.228 |
| Belarus | 5.684 | 4.825 | 4.191 | 4.082 | 3.893 | 3.58 | 3.455 | 3.044 |
| Belgium | 7.117 | 5.975 | 5.375 | 5.575 | 6.267 | 5.558 | 5.533 | 5.514 |
| Belize | 9.328 | 9.377 | 9.041 | 13.743 | 10.188 | 6.071 | 3.4 | 3.4 |
| Bhutan | 3.138 | 3.4 | 2.72 | 5.03 | 4.8 | 5.9 | 3.5 | n/a |
| Bolivia | 5.085 | 4.913 | 5.012 | 8.336 | 6.937 | 4.74 | 4.9 | 5 |
| Bosnia and Herzegovina | 20.5 | 18.4 | 15.7 | 15.9 | 17.355 | 15.386 | 13.3 | 13.3 |
| Brazil | 12.85 | 12.375 | 11.975 | 13.775 | 13.2 | 9.25 | 7.975 | 8.032 |
| Brunei Darussalam | 9.3 | 8.7 | 6.82 | 7.3 | 4.91 | 5.91 | 4.9 | 4.9 |
| Bulgaria | 6.23 | 5.273 | 4.275 | 5.207 | 5.346 | 4.206 | 4.419 | 4.3 |
| Cabo Verde | 12.2 | 12.2 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 |
| Canada | 6.408 | 5.85 | 5.7 | 9.725 | 7.483 | 5.267 | 5.408 | 6.323 |
| Chile | 6.965 | 7.377 | 7.223 | 10.77 | 8.862 | 7.878 | 8.84 | 8.713 |
| China | 5 | 4.9 | 5.2 | 5.2 | 5.1 | 5.5 | 5.2 | 5.1 |
| Colombia | 9.675 | 9.942 | 10.883 | 16.675 | 13.8 | 11.208 | 10.1 | 9.872 |
| Costa Rica | 9.293 | 11.951 | 12.417 | 19.98 | 13.68 | 11.669 | 7.297 | 8.289 |
| Croatia | 12.433 | 9.858 | 7.758 | 9 | 8.092 | 6.783 | 6.217 | 5.77 |
| Cyprus | 11.05 | 8.35 | 7.075 | 7.575 | 7.475 | 6.775 | 6.135 | 5.856 |
| Czech Republic | 2.89 | 2.176 | 1.96 | 2.512 | 2.732 | 2.166 | 2.579 | 2.56 |
| Denmark | 5.825 | 5.125 | 5 | 5.625 | 5.092 | 4.475 | 4.892 | 4.892 |
| Dominican Republic | 5.509 | 5.656 | 6.167 | 5.829 | 7.384 | 5.293 | 6.2 | 6 |
| Ecuador | 4.62 | 3.69 | 3.84 | 5.346 | 4.15 | 3.19 | 3.7 | 4.2 |
| Egypt | 12.245 | 10.932 | 8.612 | 8.296 | 7.292 | 7.323 | 7.185 | 7.074 |
| El Salvador | 7.05 | 6.35 | 6.34 | 6.9 | 6.3 | 5 | 5.5 | 5.5 |
| Estonia | 5.763 | 5.371 | 4.448 | 6.806 | 6.177 | 5.571 | 6.376 | 8.058 |
| Fiji | 4.5 | 4.5 | 4.5 | 13.351 | 9 | 6.5 | 5.5 | 5 |
| Finland | 8.825 | 7.425 | 6.725 | 7.767 | 7.625 | 6.767 | 7.208 | 7.599 |
| France | 9.417 | 9.025 | 8.425 | 8.033 | 7.875 | 7.308 | 7.413 | 7.357 |
| Georgia | 21.6 | 19.2 | 17.6 | 18.5 | 20.6 | 17.3 | 16.4 | 15.7 |
| Germany | 3.567 | 3.208 | 2.975 | 3.625 | 3.575 | 3.067 | 3.008 | 3.288 |
| Greece | 21.45 | 19.3 | 17.325 | 16.325 | 14.775 | 12.425 | 10.891 | 9.357 |
| Honduras | 5.528 | 5.648 | 5.386 | 10.912 | 8.569 | 8.9 | 8.082 | 8.005 |
| Hong Kong SAR | 3.124 | 2.805 | 2.916 | 5.808 | 5.175 | 4.319 | 2.9 | 2.813 |
| Hungary | 4 | 3.6 | 3.3 | 4.125 | 4.05 | 3.6 | 4.125 | 4.4 |
| Iceland | 3.283 | 3.1 | 3.925 | 6.433 | 6.017 | 3.75 | 3.383 | 3.838 |
| Indonesia | 5.5 | 5.24 | 5.18 | 7.07 | 6.49 | 5.86 | 5.32 | 5.2 |
| Ireland | 6.767 | 5.808 | 5 | 5.842 | 6.242 | 4.45 | 4.317 | 4.385 |
| Islamic Republic of Iran | 12.075 | 12.125 | 10.65 | 9.6 | 9.175 | 9 | 9 | 8.9 |
| Israel | 4.217 | 3.983 | 3.808 | 4.3 | 4.967 | 3.758 | 3.467 | 3.7 |
| Italy | 11.292 | 10.617 | 9.9 | 9.358 | 9.525 | 8.117 | 7.658 | 7.828 |
| Jamaica | 11.65 | 9.125 | 7.7 | 10.2 | 8.375 | 6.267 | 4.4 | n/a |
| Japan | 2.825 | 2.442 | 2.358 | 2.783 | 2.808 | 2.592 | 2.567 | 2.5 |
| Jordan | 18.3 | 18.6 | 19.075 | 22.7 | 24.075 | 22.85 | n/a | n/a |
| Kazakhstan | 4.872 | 4.828 | 4.794 | 4.925 | 4.9 | 4.875 | 4.775 | 4.775 |
| Korea | 3.683 | 3.833 | 3.783 | 3.942 | 3.675 | 2.883 | 2.7 | 3 |
| Kosovo | 30.475 | 29.5 | 25.65 | 25.95 | 20.75 | 12.575 | n/a | n/a |
| Kyrgyz Republic | 6.891 | 6.922 | 6.922 | 8.656 | 9.014 | 9.014 | 9.014 | 9.014 |
| Latvia | 8.715 | 7.415 | 6.311 | 8.099 | 7.557 | 6.851 | 6.503 | 6.452 |
| Lithuania | 7.073 | 6.146 | 6.254 | 8.488 | 7.113 | 5.925 | 6.558 | 6.3 |
| Luxembourg | 5.843 | 5.103 | 5.406 | 6.363 | 5.746 | 4.817 | 5.23 | 5.993 |
| Macao SAR | 1.975 | 1.8 | 1.725 | 2.55 | 2.95 | 3.675 | 2.65 | 2 |
| Malaysia | 3.425 | 3.325 | 3.275 | 4.525 | 4.65 | 3.825 | 3.625 | 3.525 |
| Malta | 4 | 3.658 | 3.633 | 4.358 | 3.408 | 2.917 | 2.5 | 2.5 |
| Mauritius | 7.1 | 6.9 | 6.7 | 9.2 | 9.1 | 6.803 | 6.27 | 6.27 |
| Mexico | 3.42 | 3.321 | 3.489 | 4.409 | 4.14 | 3.278 | 2.796 | 2.798 |
| Moldova | 4.125 | 3.05 | 5.125 | 3.825 | 3.25 | 4.6 | 4.457 | 3.498 |
| Mongolia | 8.8 | 7.8 | 10 | 7 | 8.1 | 6.7 | 6.03 | 5.427 |
| Morocco | 10.2 | 9.5 | 9.2 | 11.9 | 12.3 | 11.8 | 13 | 11.995 |
| Netherlands | 5.873 | 4.881 | 4.436 | 4.851 | 4.226 | 3.537 | 3.553 | 3.9 |
| New Zealand | 4.75 | 4.325 | 4.125 | 4.6 | 3.775 | 3.3 | 3.725 | 5.036 |
| Nicaragua | 3.67 | 5.5 | 5.341 | 6.564 | 11.1 | 7.518 | 7.157 | 6.763 |
| Nigeria | 17.462 | 22.562 | n/a | n/a | n/a | n/a | n/a | n/a |
| North Macedonia | 22.375 | 20.725 | 17.25 | 16.375 | 15.425 | 14.375 | 14.3 | 14.1 |
| Norway | 4.216 | 3.854 | 3.728 | 4.595 | 4.41 | 3.252 | 3.6 | 3.8 |
| Pakistan | 5.832 | 5.8 | 6.9 | 6.562 | 6.3 | 6.2 | 8.5 | 8 |
| Panama | 6.13 | 5.956 | 7.07 | 18.548 | 11.293 | 8.8 | 7.431 | 8.4 |
| Paraguay | 6.086 | 6.236 | 6.569 | 7.708 | 7.51 | 6.808 | 6.19 | 5.995 |
| Peru | 6.877 | 6.64 | 6.574 | 13.078 | 10.763 | 7.742 | 6.787 | 6.6 |
| Philippines | 5.725 | 5.325 | 5.1 | 10.4 | 7.783 | 5.4 | 4.35 | 5.083 |
| Poland | 4.888 | 3.846 | 3.279 | 3.163 | 3.373 | 2.874 | 2.82 | 2.928 |
| Portugal | 9.208 | 7.175 | 6.675 | 7.15 | 6.692 | 6.142 | 6.583 | 6.484 |
| Puerto Rico | 10.8 | 9.2 | 8.3 | 8.8 | 8 | 6 | 6.852 | 6.677 |
| Romania | 6.092 | 5.25 | 4.892 | 6.075 | 5.608 | 5.625 | 5.567 | 5.6 |
| Russia | 5.2 | 4.8 | 4.6 | 5.783 | 4.825 | 3.942 | 3.167 | 3.117 |
| São Tomé and Príncipe | 13.472 | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| San Marino | 8.095 | 8.009 | 7.663 | 7.342 | 5.238 | 4.318 | 4.045 | 3.945 |
| Saudi Arabia | 5.9 | 6.025 | 5.625 | 7.65 | 6.6 | 5.6 | n/a | n/a |
| Serbia | 14.493 | 13.673 | 11.193 | 9.728 | 11.008 | 9.396 | 9.458 | 9.4 |
| Seychelles | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Singapore | 2.175 | 2.1 | 2.25 | 3 | 2.65 | 2.1 | 1.925 | 1.9 |
| Slovak Republic | 8.058 | 6.508 | 5.717 | 6.633 | 6.808 | 6.175 | 5.842 | 5.9 |
| Slovenia | 6.575 | 5.125 | 4.45 | 5 | 4.725 | 4 | 3.675 | 3.721 |
| South Africa | 27.45 | 27.125 | 28.7 | 29.175 | 34.3 | 33.5 | 32.8 | 33.465 |
| Spain | 17.225 | 15.255 | 14.105 | 15.533 | 14.785 | 12.918 | 12.115 | 11.642 |
| Sri Lanka | 4.2 | 4.4 | 4.8 | 5.5 | 5.1 | 5.25 | n/a | n/a |
| Sudan | 19.6 | 19.5 | 22.1 | 26.83 | 28.328 | 32.137 | 45.961 | 49.543 |
| Suriname | 7 | 9 | 8.797 | 11.147 | 11.2 | 10.9 | 10.6 | 10.3 |
| Sweden | 6.783 | 6.433 | 6.908 | 8.483 | 8.892 | 7.483 | 7.667 | 8.365 |
| Switzerland | 3.088 | 2.547 | 2.306 | 3.17 | 2.993 | 2.166 | 2.035 | 2.25 |
| Türkiye | 10.918 | 10.907 | 13.731 | 13.147 | 11.96 | 10.466 | 9.388 | 9.6 |
| Taiwan | 3.76 | 3.71 | 3.73 | 3.85 | 3.95 | 3.67 | 3.67 | 3.67 |
| Thailand | 1.2 | 1.1 | 1 | 1.7 | 1.9 | 1.3 | 1.2 | 1.1 |
| The Bahamas | 10.1 | 10.35 | 10.1 | 26.218 | 17.646 | 10.814 | 8.79 | 8.79 |
| Tunisia | 15.513 | 15.53 | 14.889 | 17.4 | 16.2 | 15.2 | 16.4 | n/a |
| Ukraine | 9.65 | 9 | 8.5 | 9.15 | 9.835 | 24.528 | 19.072 | 14.514 |
| United Kingdom | 4.45 | 4.175 | 3.925 | 4.65 | 4.625 | 3.875 | 4.025 | 4.15 |
| United States | 4.358 | 3.892 | 3.675 | 8.092 | 5.35 | 3.633 | 3.625 | 3.993 |
| Uruguay | 7.925 | 8.367 | 8.925 | 10.35 | 9.375 | 7.867 | 8.325 | 8.09 |
| Uzbekistan | 5.83 | 9.347 | 8.976 | 10.531 | 9.625 | 8.851 | 8.351 | 7.851 |
| Venezuela | 27.886 | 35.554 | n/a | n/a | n/a | n/a | n/a | n/a |
| Vietnam | 2.24 | 2.19 | 2.17 | 2.48 | 3.2 | 2.32 | 2.01 | 2.063 |
| West Bank and Gaza | 25.45 | 26.25 | 25.35 | 25.925 | 26.392 | 24.42 | 28.65 | n/a |
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