
Lebanon: Unemployment rate forecast
* indicates monthly or quarterly data series
Lebanon |
Unemployment rate forecast |
---|---|
Latest value | 11.54 |
Year | 2023 |
Measure | percent |
Data availability | 1991 - 2023 |
Average | 9.01 |
Min - Max | 6.36 - 13.28 |
Source | International Monetary Fund |
The latest value from 2023 is 11.54 percent, a decline from 11.6 percent in 2022. In comparison, the world average is 6.81 percent, based on data from 109 countries. Historically, the average for Lebanon from 1991 to 2023 is 9.01 percent. The minimum value, 6.36 percent, was reached in 2009 while the maximum of 13.28 percent was recorded in 2020.
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Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth forecast | -7.50 | 2024 | percent |
Inflation forecast | 18.12 | 2024 | percent |
Unemployment rate forecast | 11.54 | 2023 | percent |
Budget balance forecast | -3.79 | 2024 | percent |
Current account forecast | -18.21 | 2024 | percent |