Oceania Annual Unemployment Rate Ranking (2024)
In 2024, annual unemployment rate in Oceania was highest in French Polynesia at 11.75%, followed by New Caledonia at 11.15% and Guam at 5.59%. The average annual unemployment rate across countries in Oceania was 5.25%, the median was 4.55%, and the Solomon Islands recorded the lowest annual unemployment rate at 1.47%, according to the World Bank.
Data is available for the period 1991 to 2024 across 11 countries in Oceania.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 11.75% | 11.75% | 2024 | |
| 2 | 11.15% | 10.94% | 2024 | |
| 3 | 5.59% | 5.36% | 2024 | |
| 4 | 5.06% | 5.08% | 2024 | |
| 5 | 4.87% | 3.73% | 2024 | |
| 6 | 4.55% | 4.98% | 2024 | |
| 7 | 4.31% | 4.32% | 2024 | |
| 8 | 4.07% | 3.67% | 2024 | |
| 9 | 2.74% | 2.66% | 2024 | |
| 10 | 2.19% | 2.26% | 2024 | |
| 11 | 1.47% | 1.46% | 2024 |
Oceania 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).