Malta Annual Unemployment Rate
Malta's annual unemployment rate fell to 2.7% in 2024, down from 3.11% in 2023, according to World Bank. This represents a decrease of 0.41% from the previous year. Malta has annual unemployment rate lower than the global median (2.70% vs median 5.23%). Compared with the median in Europe, Malta is lower (2.70% vs regional median 5.49%) and ranks 37th out of 41 countries in Europe.
Yearly Historical Data (1991-2024)
(in %)Malta Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Malta's labor force that is looking for work but does not have a job.