economic2023

Unemployment

Name: Unemployment
Creator: Our World in Data
Keywords: economic, % of gdp, unemployment

Latest available country observation from Our World in Data, based on the chart's cited sources. The series currently runs through 2023; countries can have different observation years.

Source: Our World in Data•39 countries

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Key Insights

Global Average

0.9% of GDP

Median: 0.6% of GDP

Countries Covered

39

with available data

Highest

South Korea

2.4% of GDP

Lowest

Denmark

0.0% of GDP

Top 5 Countries

1South Korea2.4% of GDP

2Iceland2.4% of GDP

3Spain2.3% of GDP

4Austria2.3% of GDP

5Finland1.9% of GDP

By Region

Europe1.1% of GDP(29 countries)

Asia1.0% of GDP(3 countries)

Oceania0.5% of GDP(2 countries)

North America0.3% of GDP(2 countries)

Other0.2% of GDP(2 countries)

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (0.0% of GDP)High (2.4% of GDP)

Regional Comparison

Average values by world region (Global avg: 0.9% of GDP)

Europe (29)

Asia (3)

Oceania (2)

North America (2)

Other (2)

South America (1)

Percentile Profile

The curve shows how values change from the lowest to the highest country. Steep sections reveal inequality or outliers.

0th percentile · lowest100th percentile · highest

About This Statistic

Latest available country observation from Our World in Data, based on the chart's cited sources. The series currently runs through 2023; countries can have different observation years. Source: Our World in Data.

Methodology

Country values are taken from the latest observation available in the linked source series.

Full Data

Rank ↑	Country ↕	Value ↕
1	South Korea	2.4% of GDP
2	Iceland	2.4% of GDP
3	Spain	2.3% of GDP
4	Austria	2.3% of GDP
5	Finland	1.9% of GDP
6	Belgium	1.9% of GDP
7	Switzerland	1.7% of GDP
8	Slovenia	1.6% of GDP
9	Lithuania	1.5% of GDP
10	Italy	1.5% of GDP
11	Germany	1.4% of GDP
12	Portugal	1.4% of GDP
13	France	1.3% of GDP
14	Ireland	1.3% of GDP
15	Latvia	1.0% of GDP
16	Czech Republic	1.0% of GDP
17	Luxembourg	0.8% of GDP
18	Netherlands	0.7% of GDP
19	Greece	0.7% of GDP
20	Norway	0.6% of GDP
21	Croatia	0.6% of GDP
22	Australia	0.6% of GDP
23	New Zealand	0.5% of GDP
24	Slovakia	0.5% of GDP
25	Canada	0.4% of GDP
26	Sweden	0.4% of GDP
27	Estonia	0.4% of GDP
28	Türkiye	0.4% of GDP
29	Hungary	0.4% of GDP
30	Bulgaria	0.4% of GDP
31	Israel	0.3% of GDP
32	Poland	0.3% of GDP
33	Japan	0.2% of GDP
34	Romania	0.1% of GDP
35	United States of America	0.1% of GDP
36	Chile	0.1% of GDP
37	United Kingdom	0.1% of GDP
38	Costa Rica	0.0% of GDP
39	Denmark	0.0% of GDP

Showing 39 of 39 countries

Topics

#economic #% of gdp #unemployment

Data Source

This data comes from Our World in Data (2023).

View Original Source