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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 %)
Year Annual Unemployment Rate (%)
2024 5.06%
2023 5.08%
2022 5.14%
2021 4.77%
2020 4.05%
2019 5.44%
2018 5.33%
2017 5.29%
2016 5.26%
2015 5.25%
2014 5.15%
2013 5.06%
2012 4.95%
2011 4.82%
2010 4.68%
2009 4.57%
2008 5.66%
2007 6.85%
2006 8.01%
2005 8.13%
2004 8.45%
2003 8.68%
2002 8.62%
2001 8.43%
2000 8.28%
1999 8.31%
1998 8.24%
1997 8.24%
1996 8.11%
1995 8.15%
1994 8.1%
1993 8.29%
1992 7.96%
1991 8%
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.