economic2023

Unemployment Rate by Country

Name: Unemployment Rate by Country
Creator: International Labour Organization
Keywords: unemployment, jobs, labor, economy, employment, workforce

Percentage of labor force without work but seeking employment. South Africa has the highest rate at 32.9%.

Source: International Labour Organization•40 countries

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Key Insights

Global Average

5.8%

Median: 5.0%

Countries Covered

with available data

Highest

South Africa

32.9%

Lowest

Thailand

1.0%

Top 5 Countries

1South Africa32.9%

2Spain12.1%

3Greece11.1%

4Türkiye9.4%

5Brazil9.3%

By Region

Africa32.9%(1 countries)

South America9.3%(1 countries)

Other6.3%(2 countries)

Europe5.6%(23 countries)

North America3.9%(3 countries)

Key Findings

•South Africa has structural unemployment issues due to historical inequality
•Asian economies tend to have low unemployment rates
•Youth unemployment is typically 2-3x higher than overall rates

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (0.0%)High (35.0%)

Regional Comparison

Average values by world region (Global avg: 5.8%)

Africa (1)

South America (1)

Other (2)

Europe (23)

North America (3)

Asia (8)

Oceania (2)

Correlation Analysis

Unemployment vs GDP per Capita

r = -0.29

Weak negative

Interpretation: There is little to no linear relationship between Unemployment and GDP per Capita based on this data.

About This Statistic

The unemployment rate measures the percentage of the labor force that is jobless and actively seeking employment. It's a key indicator of economic health and labor market conditions.

Unemployment can be structural (skills mismatch), cyclical (economic downturns), or frictional (between jobs). Youth unemployment is often much higher than adult unemployment. Countries with strong social safety nets may have higher measured unemployment as workers can afford to search longer for suitable jobs.

Full Data

Rank ↑	Country ↕	Value ↕
1	South Africa	32.9%
2	Spain	12.1%
3	Greece	11.1%
4	Türkiye	9.4%
5	Brazil	9.3%
6	India	7.7%
7	Italy	7.6%
8	Sweden	7.5%
9	Finland	7.2%
10	France	7.1%
11	Portugal	6.5%
12	Latvia	6.3%
13	Croatia	6.1%
14	Lithuania	6.0%
15	Belgium	5.5%
16	Canada	5.4%
17	Estonia	5.4%
18	Indonesia	5.3%
19	People's Republic of China	5.2%
20	Denmark	5.0%
21	Austria	5.0%
22	Ireland	4.3%
23	United Kingdom	4.0%
24	Hungary	3.9%
25	Australia	3.7%
26	United States of America	3.6%
27	Netherlands	3.5%
28	Norway	3.5%
29	New Zealand	3.4%
30	Russian Federation	3.2%
31	Germany	3.0%
32	Poland	2.9%
33	Mexico	2.8%
34	South Korea	2.7%
35	Czech Republic	2.6%
36	Japan	2.6%
37	Vietnam	2.3%
38	Switzerland	2.0%
39	Singapore	1.9%
40	Thailand	1.0%