Malaysia Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Malaysia unemployment rate for 2023 was 3.86%, a 0.08% decline from 2022.
  • Malaysia unemployment rate for 2022 was 3.93%, a 0.71% decline from 2021.
  • Malaysia unemployment rate for 2021 was 4.64%, a 0.1% increase from 2020.
  • Malaysia unemployment rate for 2020 was 4.54%, a 1.28% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 27.99%
Botswana 23.38%
Gabon 20.36%
Namibia 19.42%
Libya 18.74%
St. Vincent and the Grenadines 18.67%
Jordan 17.94%
Iraq 15.53%
Montenegro 15.25%
North Macedonia 13.08%
Guyana 12.43%
Algeria 11.81%
Albania 11.58%
Lebanon 11.57%
St. Lucia 11.09%
Bosnia 10.42%
Samoa 9.75%
Colombia 9.57%
Turkey 9.41%
Iran 9.10%
Serbia 8.68%
Equatorial Guinea 8.67%
Armenia 8.59%
Costa Rica 8.30%
Belize 8.26%
Brazil 7.95%
Suriname 7.70%
Mauritius 6.06%
Paraguay 5.78%
Azerbaijan 5.64%
Romania 5.60%
Dominican Republic 5.56%
Venezuela 5.53%
Kazakhstan 4.85%
Peru 4.82%
China 4.67%
Jamaica 4.42%
Fiji 4.33%
Bulgaria 4.30%
Maldives 4.13%
Turkmenistan 4.12%
Malaysia 3.86%
Belarus 3.57%
Ecuador 3.37%
Russia 3.33%
Mexico 2.81%
Guatemala 2.71%
Tonga 2.30%
Cuba 1.16%
Thailand 0.91%
Malaysia Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 3.86% -0.08%
2022 3.93% -0.71%
2021 4.64% 0.10%
2020 4.54% 1.28%
2019 3.26% -0.04%
2018 3.30% -0.11%
2017 3.41% -0.03%
2016 3.44% 0.34%
2015 3.10% 0.22%
2014 2.88% -0.28%
2013 3.16% 0.06%
2012 3.10% 0.05%
2011 3.05% -0.34%
2010 3.39% -0.27%
2009 3.66% 0.34%
2008 3.32% 0.09%
2007 3.23% -0.09%
2006 3.32% -0.21%
2005 3.53% -0.01%
2004 3.54% -0.07%
2003 3.61% 0.13%
2002 3.48% -0.05%
2001 3.53% 0.53%
2000 3.00% -0.43%
1999 3.43% 0.23%
1998 3.20% 0.75%
1997 2.45% -0.07%
1996 2.52% -0.63%
1995 3.15% -0.49%
1994 3.64% -0.47%
1993 4.11% 0.40%
1992 3.71% 0.02%
1991 3.69% 0.02%