Hong Kong Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Hong Kong unemployment rate for 2023 was 3.93%, a 0.39% decline from 2022.
  • Hong Kong unemployment rate for 2022 was 4.32%, a 0.86% decline from 2021.
  • Hong Kong unemployment rate for 2021 was 5.17%, a 0.63% decline from 2020.
  • Hong Kong unemployment rate for 2020 was 5.81%, a 2.89% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Spain 12.14%
Virgin Islands (U.S.) 12.09%
French Polynesia 11.72%
New Caledonia 11.22%
Greece 11.00%
Bahamas 9.20%
Chile 9.04%
Uruguay 8.35%
Barbados 7.95%
Italy 7.62%
Sweden 7.59%
France 7.32%
Finland 7.16%
Lithuania 6.96%
Panama 6.70%
Latvia 6.53%
Portugal 6.49%
Estonia 6.35%
Argentina 6.18%
Croatia 6.06%
Channel Islands 5.98%
Cyprus 5.96%
Puerto Rico 5.96%
Slovak Republic 5.84%
Belgium 5.51%
Guam 5.42%
Canada 5.37%
Brunei 5.27%
Austria 5.24%
Luxembourg 5.19%
Denmark 5.14%
Saudi Arabia 4.88%
Ireland 4.34%
Trinidad and Tobago 4.21%
Hungary 4.13%
United Kingdom 4.06%
Switzerland 4.05%
Hong Kong 3.93%
New Zealand 3.74%
Australia 3.67%
Slovenia 3.63%
United States 3.63%
Norway 3.58%
Iceland 3.56%
Netherlands 3.56%
Singapore 3.47%
Israel 3.39%
Malta 3.13%
Germany 3.05%
Poland 2.91%
UAE 2.71%
South Korea 2.64%
Czech Republic 2.59%
Japan 2.58%
Macao 2.25%
Kuwait 2.08%
Oman 1.46%
Bahrain 1.16%
Qatar 0.13%
Hong Kong Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 3.93% -0.39%
2022 4.32% -0.86%
2021 5.17% -0.63%
2020 5.81% 2.89%
2019 2.92% 0.11%
2018 2.81% -0.32%
2017 3.12% -0.27%
2016 3.39% 0.08%
2015 3.31% 0.02%
2014 3.30% -0.10%
2013 3.40% 0.12%
2012 3.29% -0.14%
2011 3.42% -0.91%
2010 4.33% -0.93%
2009 5.26% 1.70%
2008 3.56% -0.45%
2007 4.01% -0.76%
2006 4.77% -0.81%
2005 5.58% -1.16%
2004 6.74% -1.12%
2003 7.86% 0.58%
2002 7.28% 2.19%
2001 5.09% 0.17%
2000 4.92% -1.33%
1999 6.25% 1.67%
1998 4.58% 2.36%
1997 2.22% -0.61%
1996 2.83% -0.39%
1995 3.22% 1.32%
1994 1.90% -0.06%
1993 1.96% 0.00%
1992 1.96% 0.16%
1991 1.80% 0.16%