Youth unemployment rate in selected world regions 2023

Globally, the youth unemployment rate (of those aged 15-24 years) fluctuated between 13 and 15.5 percent in each year between 2000 and 2019, before it rose above 18 percent in 2020 due to the Covid-19 pandemic. Broken down by global region, however, there was much more variation. The Arab World was the region with the highest rate of youth unemployment in each year of the previous two decades, while East Asia and the Pacific generally had the lowest youth unemployment rate. Additionally there was a notable increase in regions with the most advanced economies after 2008, as these were the most severely hit during the Great Recession.