The unemployment rate in the World decreased by 0.3 percentage points (-5.7 percent) compared to the previous year. Therefore, the unemployment rate in the World saw its lowest number in that year with 4.96 percent. The unemployment rate refers to the share of the economically active population currently without work but in search of employment. The unemployment rate does not include economically inactive persons such as the long-term unemployed, children, or retirees.
Global unemployment rate from 2004 to 2023
(as a share of the total labor force)
Characteristic
Unemployment rate
2023
4.96%
2022
5.26%
2021
6.03%
2020
6.59%
2019
5.58%
2018
5.76%
2017
5.92%
2016
6.01%
2015
6.05%
2014
6.02%
2013
6.17%
2012
6.23%
2011
6.24%
2010
6.39%
2009
6.51%
2008
5.94%
2007
5.9%
2006
6.11%
2005
6.37%
2004
6.45%
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World Bank. (September 19, 2024). Global unemployment rate from 2004 to 2023 (as a share of the total labor force) [Graph]. In Statista. Retrieved October 06, 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. September 19, 2024. Statista. Accessed October 06, 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: October 06, 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., 19 Sep 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 October 06, 2024)
Global unemployment rate from 2004 to 2023 (as a share of the total labor force) [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/279777/global-unemployment-rate/