* indicates monthly or quarterly data series

Unemployment rate forecast, 2023:

The average for 2023 based on 27 countries was 5.72 percent. The highest value was in Spain: 12.12 percent and the lowest value was in Malta: 2.5 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

Measure: percent; Source: International Monetary Fund
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* indicates monthly or quarterly data series


Countries Unemployment rate forecast, 2023 Global rank Available data
Spain 12.12 1 1980 - 2028
Greece 10.89 2 1980 - 2028
Sweden 7.67 3 1980 - 2028
Italy 7.66 4 1980 - 2028
France 7.41 5 1980 - 2028
Finland 7.21 6 1980 - 2028
Portugal 6.58 7 1980 - 2028
Lithuania 6.56 8 1999 - 2028
Latvia 6.5 9 1992 - 2028
Estonia 6.38 10 1993 - 2028
Croatia 6.22 11 1991 - 2028
Cyprus 6.14 12 1982 - 2028
Slovakia 5.84 13 1993 - 2028
Romania 5.57 14 1985 - 2028
Belgium 5.53 15 1980 - 2028
Luxembourg 5.23 16 1980 - 2028
Austria 5.1 17 1980 - 2028
Denmark 4.89 18 1980 - 2028
Bulgaria 4.42 19 1989 - 2028
Ireland 4.32 20 1985 - 2028
Hungary 4.13 21 1980 - 2028
Slovenia 3.68 22 1992 - 2028
Netherlands 3.55 23 1980 - 2028
Germany 3.01 24 1980 - 2028
Poland 2.82 25 1990 - 2028
Czechia 2.58 26 1995 - 2028
Malta 2.5 27 1983 - 2028



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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