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Maldives Annual Unemployment Rate

Maldives' annual unemployment rate rose to 4.64% in 2024, up from 4.24% in 2023, according to World Bank. This represents an increase of 0.4% from the previous year. The Maldives has annual unemployment rate lower than the global median (4.64% vs median 5.23%). Compared with the median in Asia, the Maldives is higher (4.64% vs regional median 4.05%) and ranks 20th out of 48 countries in Asia.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 4.64%
2023 4.24%
2022 4.42%
2021 5.02%
2020 5.43%
2019 4.56%
2018 4.95%
2017 5.4%
2016 5.77%
2015 6.6%
2014 7.48%
2013 8.3%
2012 9.14%
2011 10.06%
2010 10.88%
2009 11.7%
2008 10.24%
2007 9.45%
2006 8.39%
2005 7.33%
2004 6.1%
2003 5.13%
2002 4.15%
2001 3.08%
2000 1.97%
1999 1.71%
1998 1.47%
1997 1.24%
1996 1.01%
1995 0.79%
1994 0.79%
1993 0.79%
1992 0.8%
1991 0.8%
Maldives Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Maldives' labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 40.98% 40.8% 2024