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Unemployment By Country

Unemployment By Country

Joblessness Around The World

Unemployment remains one of the world's most pressing socioeconomic issues, heavily impacting economies and societies worldwide. With joblessness reaching worrying levels in some regions, unemployment significantly affects the global distribution of wealth, social stability, and individual livelihoods. 

South Africa has the highest level of joblessness, with an unemployment rate of 28.8%, followed by Tuvalu, Djibouti, and Equatorial Guinea with rates of 26.6%, 26.1%, and 25.0% respectively. On the other end of the spectrum, Qatar records a strikingly low unemployment rate of 0.1%.

Key findings from the data include:

  • South Africa has the world's highest unemployment rate at 28.8%.
  • The African continent struggles with joblessness, with many countries reflecting high unemployment rates.
  • Countries such as Djibouti, Equatorial Guinea, Botswana, and Namibia have unemployment rates exceeding 19%.
  • Conversely, Asian and Middle-Eastern countries, such as Qatar, Cambodia, Myanmar, and Vietnam have remarkably low unemployment rates, all below 1.5%.
  • Among the more developed nations, the United States and Germany both have relatively low unemployment rates, sitting at 3.6% each.

These varying unemployment rates highlight the diverse economic landscapes and distinct challenges that countries worldwide are faced with. As we grapple with these issues, comprehending each country's joblessness status can provide invaluable insights into global unemployment patterns and help carve targeted solutions to address this daunting problem.

Countries With Highest Unemployment Rate

Topping the list of countries with the highest unemployment rates are South Africa, Tuvalu, Djibouti, Equatorial Guinea, Botswana, Grenada, Eswatini (Swaziland), Kosovo, Gabon, and Namibia. Leading the board is South Africa with an unprecedented unemployment rate of 28.8%. Second, Arriving closely is Tuvalu with a staggering 26.6% unemployment rate. Djibouti is positioned third, accounting for a 26.1% unemployment rate, followed by Equatorial Guinea experiencing a rate of 25.0%. 

Botswana takes the fifth spot with a significant unemployment rate of 23.6%, and Grenada comes up next with a 22.9% rate. Further down the line, Eswatini (Swaziland) holds a 22.7% rate followed by Kosovo and Gabon, both possessing an equal unemployment rate of 20.4%. Lastly, Namibia exhibits an unemployment rate of 19.9%. 

10 Countries with Highest Unemployment Rates:

  1. South Africa - 28.8%
  2. Tuvalu - 26.6%
  3. Djibouti - 26.1%
  4. Equatorial Guinea - 25.0%
  5. Botswana - 23.6%
  6. Grenada - 22.9%
  7. Eswatini (Swaziland) - 22.7%
  8. Kosovo - 20.4%
  9. Gabon - 20.4%
  10. Namibia - 19.9%

The data above serve as a stark reminder of the chronic unemployment issues many countries face, emphasizing the urgent need for effective job creation strategies and initiatives.

Countries With Lowest Unemployment Rate

The ten countries with the lowest unemployment rates are Qatar, Cambodia, Solomon Islands, Palau, Moldova, Malawi, Burundi, Chad, Bahrain, and Thailand. Qatar leads the world with an unemployment rate of just 0.1%. This is followed closely by Cambodia that boasts a low unemployment rate of 0.5%. Solomon Islands rank third with an unemployment rate of 0.7%. Palau and Moldova also have impressively low unemployment rates at 0.8% and 0.9% respectively. Slightly higher but still under the 1% mark, we see Malawi with an unemployment rate of 0.9%. Burundi, Chad, Bahrain, and Thailand are all close behind, with unemployment rates ranging from 1.0% to 1.2%. 

10 Countries With Lowest Unemployment Rates:

  1. Qatar - 0.1% Unemployment Rate
  2. Cambodia - 0.5% Unemployment Rate
  3. Solomon Islands - 0.7% Unemployment Rate
  4. Palau - 0.8% Unemployment Rate
  5. Moldova - 0.9% Unemployment Rate
  6. Malawi - 0.9% Unemployment Rate
  7. Burundi - 1.0% Unemployment Rate
  8. Chad - 1.1% Unemployment Rate
  9. Bahrain - 1.2% Unemployment Rate
  10. Thailand - 1.2% Unemployment Rate

By Country

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