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 2022 was 2.63%, a 0.37% increase from 2021.
  • Macao unemployment rate for 2021 was 2.25%, a 0.32% decline 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
French Polynesia 13.10%
Spain 13.01%
Virgin Islands (U.S.) 12.38%
New Caledonia 12.27%
Greece 12.16%
Bahamas 10.06%
Panama 8.79%
Barbados 8.20%
Italy 8.09%
Uruguay 7.84%
Chile 7.78%
France 7.45%
Sweden 7.36%
Brunei 7.20%
Cyprus 6.98%
Channel Islands 6.92%
Finland 6.80%
Croatia 6.75%
Argentina 6.49%
Latvia 6.43%
Guam 6.13%
Slovak Republic 6.09%
Puerto Rico 5.97%
Estonia 5.85%
Portugal 5.78%
Saudi Arabia 5.64%
Belgium 5.63%
Lithuania 5.57%
Canada 5.21%
Hong Kong 5.06%
Austria 4.71%
Luxembourg 4.70%
Ireland 4.36%
Switzerland 4.20%
Slovenia 4.18%
Denmark 4.17%
Trinidad and Tobago 3.98%
Iceland 3.81%
Australia 3.66%
United States 3.61%
United Kingdom 3.57%
Netherlands 3.54%
Israel 3.48%
Hungary 3.42%
New Zealand 3.25%
Norway 3.17%
Germany 2.99%
Malta 2.81%
South Korea 2.79%
Singapore 2.76%
UAE 2.75%
Japan 2.64%
Macao 2.63%
Poland 2.60%
Kuwait 2.48%
Czech Republic 2.37%
Oman 2.33%
Bahrain 1.40%
Qatar 0.10%
Macao Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2022 2.63% 0.37%
2021 2.25% -0.32%
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% 0.14%
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% -0.74%
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%