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Malawi Annual Unemployment Rate

Malawi's annual unemployment rate rose to 5.04% in 2024, up from 5.03% in 2023, according to World Bank. This represents an increase of 0.01% from the previous year. Malawi has annual unemployment rate lower than the global median (5.04% vs median 5.23%). Compared with the median in Africa, Malawi is lower (5.04% vs regional median 5.55%) and ranks 32nd out of 53 countries in Africa.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 5.04%
2023 5.03%
2022 5.04%
2021 5.66%
2020 5.73%
2019 4.97%
2018 5.01%
2017 5.04%
2016 5.01%
2015 4.95%
2014 4.97%
2013 4.98%
2012 4.95%
2011 4.84%
2010 4.8%
2009 4.75%
2008 4.81%
2007 4.89%
2006 4.96%
2005 4.94%
2004 4.97%
2003 5.16%
2002 5.23%
2001 5.21%
2000 5.05%
1999 5.01%
1998 4.93%
1997 4.72%
1996 4.96%
1995 4.91%
1994 5.35%
1993 5%
1992 5.07%
1991 4.92%
Malawi Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Malawi's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 63.18% 63.48% 2024