Pakistan: Unemployment rate forecast
* indicates monthly or quarterly data series
Pakistan |
Unemployment rate forecast |
---|---|
Latest value | 5.00 |
Year | 2028 |
Measure | percent |
Data availability | 1983 - 2028 |
Average | 5.79 |
Min - Max | 3.07 - 8.50 |
Source | International Monetary Fund |
The latest value from 2028 is 5 percent, a decline from 5.5 percent in 2027. In comparison, the world average is 6.50 percent, based on data from 99 countries. Historically, the average for Pakistan from 1983 to 2028 is 5.79 percent. The minimum value, 3.07 percent, was reached in 1987 while the maximum of 8.5 percent was recorded in 2023.
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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 | 4.50 | 2028 | percent |
Investment forecast | 16.15 | 2028 | percent |
Inflation forecast | 6.50 | 2028 | percent |
Unemployment rate forecast | 5.00 | 2028 | percent |
Current account forecast | -0.95 | 2028 | percent |