Vanuatu Annual Unemployment Rate
Vanuatu's annual unemployment rate fell to 5.06% in 2024, down from 5.08% in 2023, according to World Bank. This represents a decrease of 0.02% from the previous year. Vanuatu has annual unemployment rate lower than the global median (5.06% vs median 5.23%). Compared with the median in Oceania, Vanuatu is higher (5.06% vs regional median 4.55%) and ranks 4th out of 11 countries in Oceania.
Yearly Historical Data (1991-2024)
(in %)Vanuatu Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Vanuatu's labor force that is looking for work but does not have a job.