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 %)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.