Europe Annual Unemployment Rate Ranking (2024)
In 2024, annual unemployment rate in Europe was highest in Montenegro at 14.10%, followed by North Macedonia at 13.42% and Spain at 11.39%. The average annual unemployment rate across countries in Europe was 6.16%, the median was 5.49%, and Moldova recorded the lowest annual unemployment rate at 1.43%, according to the World Bank.
Data is available for the period 1991 to 2024 across 41 countries in Europe.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 14.1% | 14.62% | 2024 | |
| 2 | 13.42% | 13.17% | 2024 | |
| 3 | 11.39% | 12.18% | 2024 | |
| 4 | 10.72% | 10.67% | 2024 | |
| 5 | 10.25% | 10.11% | 2024 | |
| 6 | 10.13% | 11.07% | 2024 | |
| 7 | 9.83% | 9.47% | 2021 | |
| 8 | 8.53% | 7.61% | 2024 | |
| 9 | 8.45% | 9.39% | 2024 | |
| 10 | 8.26% | 7.15% | 2024 | |
| 11 | 7.83% | 6.38% | 2024 | |
| 12 | 7.5% | 6.84% | 2024 | |
| 13 | 7.39% | 8.27% | 2024 | |
| 14 | 7.37% | 7.34% | 2024 | |
| 15 | 6.78% | 7.63% | 2024 | |
| 16 | 6.72% | 6.46% | 2024 | |
| 17 | 6.38% | 6.51% | 2024 | |
| 18 | 5.93% | 5.18% | 2024 | |
| 19 | 5.6% | 6.1% | 2024 | |
| 20 | 5.59% | 5.09% | 2024 | |
| 21 | 5.49% | 5.53% | 2024 | |
| 22 | 5.44% | 5.26% | 2024 | |
| 23 | 5.38% | 5.59% | 2024 | |
| 24 | 5.24% | 6.09% | 2024 | |
| 25 | 5.23% | 5.84% | 2024 | |
| 26 | 4.43% | 4.11% | 2024 | |
| 27 | 4.37% | 4.29% | 2024 | |
| 28 | 4.11% | 4.04% | 2024 | |
| 29 | 4.11% | 3.98% | 2024 | |
| 30 | 4.1% | 4.32% | 2024 | |
| 31 | 3.97% | 3.57% | 2024 | |
| 32 | 3.6% | 3.54% | 2024 | |
| 33 | 3.41% | 3.07% | 2024 | |
| 34 | 3.36% | 3.46% | 2024 | |
| 35 | 3.36% | 3.65% | 2024 | |
| 36 | 3.11% | 3.52% | 2024 | |
| 37 | 2.7% | 3.11% | 2024 | |
| 38 | 2.53% | 3.08% | 2024 | |
| 39 | 2.51% | 2.58% | 2024 | |
| 40 | 2.47% | 2.74% | 2024 | |
| 41 | 1.43% | 1.55% | 2024 |
Europe Annual Unemployment Rate Ranking (2024) : Definition
Annual Unemployment Rate measures the share of the labor force that is without work, available for work and actively seeking work, reported as a percentage for the reference year (ILO definition).