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Macao SAR China Annual Unemployment Rate

Macao SAR China's annual unemployment rate rose to 2.44% in 2024, up from 2.23% in 2023, according to World Bank. This represents an increase of 0.21% from the previous year. Macao SAR China has annual unemployment rate lower than the global median (2.44% vs median 5.23%). Compared with the median in Asia, Macao SAR China is lower (2.44% vs regional median 4.05%) and ranks 38th out of 48 countries in Asia.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 2.44%
2023 2.23%
2022 2.48%
2021 2.23%
2020 2.57%
2019 1.75%
2018 1.83%
2017 1.99%
2016 1.94%
2015 1.81%
2014 1.67%
2013 1.82%
2012 1.97%
2011 2.56%
2010 2.84%
2009 3.58%
2008 3%
2007 3.27%
2006 3.82%
2005 4.16%
2004 4.9%
2003 6%
2002 6.27%
2001 6.39%
2000 6.87%
1999 6.35%
1998 4.61%
1997 3.26%
1996 4.25%
1995 3.58%
1994 2.48%
1993 2.06%
1992 2.2%
1991 3.01%
Macao SAR China Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Macao SAR China's labor force that is looking for work but does not have a job.