The unemployment rate in the World declined to 4.96 percent in 2023. Therefore, 2023 marks the lowest unemployment rate during the observed period. The unemployment rate of a country or region refers to the share of the total workforce that is currently without work, but actively searching for employment. It does not include economically inactive persons, such as children, retirees, or the long-term unemployed.
Global unemployment rate from 2004 to 2023
(as a share of the total labor force)
Characteristic
Unemployment rate
2023
4.96%
2022
5.26%
2021
6.03%
2020
6.59%
2019
5.58%
2018
5.76%
2017
5.92%
2016
6.01%
2015
6.05%
2014
6.02%
2013
6.17%
2012
6.23%
2011
6.24%
2010
6.39%
2009
6.51%
2008
5.94%
2007
5.9%
2006
6.11%
2005
6.37%
2004
6.45%
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World Bank. (October 24, 2024). Global unemployment rate from 2004 to 2023 (as a share of the total labor force) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/279777/global-unemployment-rate/
World Bank. "Global unemployment rate from 2004 to 2023 (as a share of the total labor force)." Chart. October 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/279777/global-unemployment-rate/
World Bank. (2024). Global unemployment rate from 2004 to 2023 (as a share of the total labor force). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/279777/global-unemployment-rate/
World Bank. "Global Unemployment Rate from 2004 to 2023 (as a Share of The Total Labor Force)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/279777/global-unemployment-rate/
World Bank, Global unemployment rate from 2004 to 2023 (as a share of the total labor force) Statista, https://www.statista.com/statistics/279777/global-unemployment-rate/ (last visited November 21, 2024)
Global unemployment rate from 2004 to 2023 (as a share of the total labor force) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/279777/global-unemployment-rate/
