Macao Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Macao unemployment rate for 2023 was 2.25%, a 0.23% decline from 2022.
  • Macao unemployment rate for 2022 was 2.48%, a 0.22% increase from 2021.
  • Macao unemployment rate for 2021 was 2.25%, a 0.31% decline from 2020.
  • Macao unemployment rate for 2020 was 2.57%, a 0.82% 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%
Macao Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 2.25% -0.23%
2022 2.48% 0.22%
2021 2.25% -0.31%
2020 2.57% 0.82%
2019 1.75% -0.09%
2018 1.83% -0.15%
2017 1.99% 0.05%
2016 1.94% 0.13%
2015 1.81% 0.14%
2014 1.67% -0.15%
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% -0.75%
2004 4.91% -1.09%
2003 6.00% -0.27%
2002 6.27% -0.13%
2001 6.39% -0.48%
2000 6.87% 0.53%
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%