Macao Unemployment Rate 1991-2023

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Macao unemployment rate for 2021 was 3.01%, a 0.44% increase from 2020.
  • Macao unemployment rate for 2020 was 2.57%, a 0.82% increase from 2019.
  • Macao unemployment rate for 2019 was 1.75%, a 0.08% decline from 2018.
  • Macao unemployment rate for 2018 was 1.83%, a 0.16% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
New Caledonia 16.57%
Greece 14.80%
Spain 14.73%
French Polynesia 14.39%
Virgin Islands (U.S.) 13.27%
Bahamas 13.24%
Panama 12.09%
Argentina 10.90%
Uruguay 10.45%
Barbados 10.41%
Italy 9.83%
Chile 9.13%
Croatia 8.68%
Sweden 8.66%
Puerto Rico 8.27%
France 8.06%
Lithuania 7.90%
Brunei 7.65%
Latvia 7.60%
Finland 7.53%
Canada 7.51%
Channel Islands 7.37%
Saudi Arabia 7.36%
Guam 6.98%
Slovak Republic 6.74%
Portugal 6.65%
Ireland 6.63%
Belgium 6.42%
Estonia 6.33%
Austria 6.30%
Cyprus 6.13%
United States 5.46%
Iceland 5.40%
Switzerland 5.32%
Hong Kong 5.32%
Luxembourg 5.23%
Australia 5.11%
Israel 5.05%
Norway 4.99%
Trinidad and Tobago 4.81%
Denmark 4.80%
United Kingdom 4.53%
Slovenia 4.42%
New Zealand 4.12%
Hungary 4.12%
Netherlands 4.01%
Kuwait 3.71%
Singapore 3.62%
Germany 3.54%
South Korea 3.53%
Malta 3.50%
Poland 3.37%
UAE 3.36%
Oman 3.12%
Macao 3.01%
Czech Republic 2.89%
Japan 2.80%
Bahrain 1.87%
Qatar 0.26%
Macao Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2021 3.01% 0.44%
2020 2.57% 0.82%
2019 1.75% -0.08%
2018 1.83% -0.16%
2017 1.99% 0.05%
2016 1.94% 0.13%
2015 1.81% 0.11%
2014 1.70% -0.12%
2013 1.82% -0.15%
2012 1.97% -0.59%
2011 2.56% -0.28%
2010 2.84% -0.74%
2009 3.58% 0.58%
2008 3.00% -0.27%
2007 3.27% -0.55%
2006 3.82% -0.34%
2005 4.16% -0.74%
2004 4.90% -1.10%
2003 6.00% -0.27%
2002 6.27% -0.12%
2001 6.39% -0.48%
2000 6.87% 0.52%
1999 6.35% 1.74%
1998 4.61% 1.35%
1997 3.26% -0.99%
1996 4.25% 0.67%
1995 3.58% 1.10%
1994 2.48% 0.42%
1993 2.06% -0.14%
1992 2.20% -0.81%
1991 3.01% -0.81%