Unemployment forecast European countries 2028

In 2023, the unemployment rate of Europe's five largest economies ranged from 3.3 percent in Germany, to 12.6 percent in Spain. Throughout this provided time period, unemployment has consistently been lowest in Germany, and with the exception of 2005, 2006, and 2007, highest in Spain, when Germany briefly had a higher unemployment rate.

Unemployment rate of the largest economies in Europe from 1980 to 2028

Characteristic	France	Germany	Italy	Spain	United Kingdom
2028*	6.7%	3%	8.3%	12.1%	4.2%
2027*	6.7%	3%	8.3%	12.1%	4.2%
2026*	6.8%	3.1%	8.4%	12.1%	4.2%
2025*	6.9%	3.1%	8.4%	12.1%	4.4%
2024*	7.3%	3.3%	8.4%	12.4%	4.7%
2023	7.4%	3.3%	8.3%	12.6%	4.2%
2022	7.3%	3.1%	8.1%	12.9%	3.7%
2021	7.9%	3.6%	9.5%	14.8%	4.5%
2020	8%	3.6%	9.3%	15.5%	4.6%
2019	8.4%	3%	9.9%	14.1%	3.8%
2018	9%	3.2%	10.6%	15.3%	4.1%
2017	9.4%	3.6%	11.3%	17.2%	4.4%
2016	10.1%	3.9%	11.7%	19.6%	4.9%
2015	10.4%	4.4%	12%	22.1%	5.4%
2014	10.3%	4.7%	12.8%	24.4%	6.2%
2013	10.3%	5%	12.4%	26.1%	7.6%
2012	9.8%	5.1%	10.9%	24.8%	8%
2011	9.2%	5.5%	8.6%	21.4%	8.1%
2010	9.3%	6.6%	8.5%	19.9%	7.9%
2009	9.1%	7.2%	7.9%	17.9%	7.6%
2008	7.4%	7.4%	6.8%	11.2%	5.7%
2007	8%	8.5%	6.2%	8.2%	5.4%
2006	8.9%	10%	6.9%	8.5%	5.4%
2005	8.9%	11%	7.8%	9.2%	4.8%
2004	8.9%	10.3%	8%	11%	4.8%
2003	8.5%	9.7%	8.5%	11.5%	5%
2002	8.3%	8.6%	8.6%	11.5%	5.2%
2001	8.5%	7.8%	9.1%	10.5%	5.1%
2000	9.2%	8%	10.1%	13.9%	5.5%
1999	10.4%	8.6%	10.9%	15.6%	6%
1998	10.7%	9.4%	11.3%	18.6%	6.3%
1997	10.9%	9.7%	11.2%	20.6%	7%
1996	10.8%	8.9%	11.2%	22.1%	8.1%
1995	10.5%	8.2%	11.2%	22.9%	8.6%
1994	10.7%	8.4%	10.6%	24.1%	9.5%
1993	10.3%	7.8%	9.8%	22.6%	10.4%
1992	9.4%	6.6%	8.8%	18.4%	10%
1991	8.6%	5.5%	8.5%	16.3%	8.9%
1990	8.4%	6.2%	8.9%	16.2%	7.1%
1989	8.7%	6.8%	9.7%	17.2%	7.2%
1988	8.8%	7.7%	9.7%	19.2%	8.6%
1987	9.2%	7.8%	9.6%	20.2%	10.4%
1986	8.9%	7.8%	8.9%	20.9%	11.3%
1985	8.7%	8.1%	8.2%	21.3%	11.4%
1984	8.5%	8.1%	7.8%	19.9%	11.8%
1983	7.4%	8.1%	7.4%	17.2%	11.5%
1982	8.1%	6.7%	8.3%	15.8%	10.7%
1981	7.4%	4.8%	7.6%	13.8%	9.7%
1980	6.3%	3.4%	7.4%	11%	7.1%

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Release date

August 2023

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Region

Europe, France, Germany, Italy, Spain, United Kingdom

Survey time period

1980 to 2028

Supplementary notes

*Forecast data
Germany only includes West Germany prior to German reunification in 1990.

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