Global Unemployment Rankings: A Closer Look at Economic Health

In the ever-evolving landscape of global economies, unemployment rates are a vital indicator of a country’s economic well-being. Recent data reveals a diverse range of unemployment rates worldwide, painting a vivid picture of the challenges and triumphs faced by different nations.

Countries Unemployment Rates

Rank	Country	Unemployment rate (%)
1	Qatar	0.3
2	Faroe Islands	0.5
3	Cambodia	0.6
4	Niger	0.8
5	Gibraltar	1
6	Guernsey	1
7	Thailand	1.1
8	Laos	1.3
9	Andorra	1.5
10	Liechtenstein	1.5
11	Benin	1.6
12	Jersey	1.6
13	Palau	1.7
14	Burundi	1.8
15	Bahrain	1.9
16	Chad	1.9
17	Isle of Man	1.9
18	Singapore	1.9
19	Macau	2
20	Monaco	2
21	Saint Helena	2
22	Vietnam	2.06
23	Myanmar	2.2
24	Vanuatu	2.2
25	Switzerland	2.25
26	Japan	2.5
27	Malta	2.5
28	Czech Republic	2.56
29	Madagascar	2.6
30	Tanzania	2.6
31	North Korea	2.7
32	Cuba	2.8
33	Mexico	2.8
34	Papua New Guinea	2.8
35	Hong Kong	2.81
36	British Virgin Islands	2.9
37	Uganda	2.9
38	Poland	2.93
39	Seychelles	3
40	South Korea	3
41	Belarus	3.04
42	Oman	3.1
43	Russia	3.12
44	Germany	3.29
45	Belize	3.4
46	United Arab Emirates	3.4
47	Cayman Islands	3.5
48	Ivory Coast	3.5
49	Moldova	3.5
50	Malaysia	3.52
51	Guatemala	3.6
52	Taiwan	3.67
53	Ethiopia	3.7
54	Israel	3.7
55	Kuwait	3.7
56	Senegal	3.7
57	Slovenia	3.72
58	Norway	3.8
59	Iceland	3.84
60	Cameroon	3.9
61	Netherlands	3.9
62	San Marino	3.94
63	Mozambique	4
64	Togo	4
65	Tonga	4
66	Liberia	4.1
67	Nigeria	4.1
68	United States	4.1
69	United Kingdom	4.15
70	Ecuador	4.2
71	Australia	4.21
72	Bhutan	4.3
73	Bulgaria	4.3
74	Sri Lanka	4.3
75	Ireland	4.38
76	Hungary	4.4
77	Guam	4.5
78	Philippines	4.5
79	East Timor	4.6
80	Ghana	4.7
81	Kazakhstan	4.78
82	Burkina Faso	4.8
83	Saudi Arabia	4.8
84	Trinidad and Tobago	4.8
85	Denmark	4.89
86	Brunei	4.9
87	Bolivia	5
88	Fiji	5
89	New Zealand	5.04
90	China	5.1
91	Nepal	5.1
92	Saint Kitts and Nevis	5.1
93	Turkmenistan	5.1
94	Bangladesh	5.2
95	Dominica	5.2
96	Indonesia	5.2
97	Zimbabwe	5.2
98	Mayotte	5.3
99	Sierra Leone	5.3
100	Austria	5.4
101	DR Congo	5.4
102	Mongolia	5.43
103	El Salvador	5.5
104	Belgium	5.51
105	Azerbaijan	5.52
106	Congo	5.6
107	Montserrat	5.6
108	Romania	5.6
109	Kenya	5.7
110	Croatia	5.77
111	Cyprus	5.86
112	Slovakia	5.9
113	Luxembourg	5.99
114	Dominican Republic	6
115	European Union	6
116	Jamaica	6
117	Paraguay	6
118	Maldives	6.1
119	Mauritius	6.27
120	Guinea	6.3
121	Lithuania	6.3
122	Marshall Islands	6.3
123	Canada	6.32
124	Venezuela	6.4
125	Latvia	6.45
126	Portugal	6.48
127	Central African Republic	6.6
128	Peru	6.6
129	Puerto Rico	6.68
130	Cocos (Keeling) Islands	6.7
131	Aruba	6.73
132	Nicaragua	6.76
133	Greenland	6.8
134	Guinea-Bissau	6.8
135	Bermuda	7
136	Malawi	7
137	Egypt	7.07
138	Brazil	7.1
139	France	7.36
140	Finland	7.6
141	Argentina	7.7
142	Mali	7.7
143	Anguilla	7.8
144	India	7.8
145	Tajikistan	7.8
146	Italy	7.83
147	Uzbekistan	7.85
148	Eritrea	8
149	Honduras	8
150	Pakistan	8
151	Estonia	8.06
152	Uruguay	8.09
153	Barbados	8.23
154	Costa Rica	8.29
155	Sweden	8.36
156	Panama	8.4
157	Angola	8.5
158	Cape Verde	8.5
159	Turkey	8.5
160	Kiribati	8.6
161	Saint Pierre and Miquelon	8.7
162	Chile	8.71
163	Bahamas	8.79
164	Wallis and Futuna	8.8
165	Iran	8.9
166	Kyrgyzstan	9.01
167	Equatorial Guinea	9.2
168	Greece	9.36
169	Comoros	9.4
170	Serbia	9.4
171	Samoa	9.8
172	Colombia	9.87
173	Suriname	10.3
174	Syria	10.6
175	Niue	10.7
176	Albania	11
177	Antigua and Barbuda	11
178	Gambia	11.2
179	Northern Mariana Islands	11.2
180	Mauritania	11.5
181	Morocco	12
182	Spain	12.29
183	Algeria	12.7
184	Armenia	13
185	Zambia	13
186	Cook Islands	13.1
187	Bosnia and Herzegovina	13.3
188	U.S. Virgin Islands	13.3
189	Yemen	13.6
190	South Sudan	13.9
191	North Macedonia	14.1
192	Iraq	14.2
193	Afghanistan	14.39
194	French Polynesia	14.4
195	Lebanon	14.5
196	Ukraine[a]	14.51
197	Georgia	15.7
198	Haiti	15.7
199	São Tomé and Príncipe	15.9
200	Tunisia	16.1
201	Micronesia	16.2
202	Guyana	16.4
203	Rwanda	16.5
204	Grenada	16.6
205	New Caledonia	16.6
206	American Samoa	18
207	Lesotho	18
208	Nauru	18
209	Saint Vincent and the Grenadines	18.8
210	Kosovo	19
211	Libya	19.6
212	Montenegro	19.9
213	Somalia	19.9
214	Saint Lucia	20.15
215	Botswana	20.68
216	Netherlands Antilles	21.2
217	Namibia	21.7
218	Gabon	22.3
219	Jordan	22.8
220	Palestine	24
221	Eswatini	24.39
222	Djibouti	27.93
223	South Africa	32.9
224	Sudan	49.54

List of countries by unemployment rate – Wikipedia

Economic Giants and Their Rankings

The United States, often seen as a beacon of economic strength, finds itself in the middle of the pack with an unemployment rate of 4.1%. This figure, while relatively low, still represents a significant portion of the population seeking employment.

Similarly, Germany, a powerhouse in Europe, boasts a low unemployment rate of 3.29%, reflecting its strong labor market and economic policies.

Qatar leads the pack with the lowest unemployment rate of 0.3%, showcasing its robust job market and effective economic strategies.

On the other end of the spectrum, Sudan faces a daunting challenge with the highest unemployment rate of 49.54%, highlighting severe economic and structural issues that need urgent attention.

Emerging Markets and Their Struggles

Countries like Spain and Bosnia and Herzegovina are grappling with high unemployment rates of 12.29% and 13.3%, respectively. These figures underscore the need for substantial economic reforms and job creation initiatives to improve labor market conditions.

A Global Perspective

These unemployment rankings provide a snapshot of the economic health of various countries, each with its unique set of challenges and opportunities. While some nations enjoy low unemployment rates, others face high figures that demand innovative solutions and concerted efforts from policymakers.

As the world continues to navigate economic uncertainties, understanding and addressing unemployment remains crucial for governments and international organizations. By learning from each other’s successes and challenges, countries can work towards creating more inclusive and resilient economies.

What do you think about these unemployment rankings? Are there any countries that surprise you with their position on the list?

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