The unemployment rate in the World decreased by 0.2 percentage points (-3.8 percent) in 2023 in comparison to the previous year. This marks the lowest unemployment rate during the observed period. The unemployment rate refers to the share of the workforce that is currently not working but is actively searching for work. It does not include the economically inactive population, such as the long-term unemployed, those aged under 15 years, or retired persons.
Global unemployment rate from 2004 to 2023
(as a share of the total labor force)
Characteristic
Unemployment rate
2023
5.12%
2022
5.27%
2021
6.06%
2020
6.6%
2019
5.59%
2018
5.77%
2017
5.93%
2016
6.02%
2015
6.06%
2014
6.02%
2013
6.16%
2012
6.23%
2011
6.24%
2010
6.38%
2009
6.51%
2008
5.93%
2007
5.9%
2006
6.1%
2005
6.37%
2004
6.45%
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World Bank. (May 30, 2024). Global unemployment rate from 2004 to 2023 (as a share of the total labor force) [Graph]. In Statista. Retrieved July 22, 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. May 30, 2024. Statista. Accessed July 22, 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: July 22, 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., 30 May 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 July 22, 2024)
Global unemployment rate from 2004 to 2023 (as a share of the total labor force) [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/279777/global-unemployment-rate/