Labor market, Overall in Australia

Australia: Labor market, Overall was 0.7694 in 2014. β–Ό Falling

Latest (2014)
0.7694
Change on year
unchanged
World rank
31st
of 90 countries
All-time high
1
in 1973
All-time low
0.7662
in 2002
Years of data
42
1973–2014

Labor market, Overall in Australia, 1973–2014

00.20.40.60.811973199320141973: 11974: 11975: 11976: 11977: 11978: 11979: 11980: 11981: 11982: 11983: 11984: 11985: 11986: 11987: 11988: 11989: 11990: 11991: 11992: 11993: 11994: 0.7911995: 0.7911996: 0.7911997: 0.7781998: 0.7781999: 0.7782000: 0.7782001: 0.7782002: 0.7662003: 0.7662004: 0.7662005: 0.7662006: 0.8372007: 0.8372008: 0.8372009: 0.8372010: 0.772011: 0.772012: 0.772013: 0.7692014: 0.769

Source: International Monetary Fund.

Analysis

Australia recorded 0.7694 for labor market, overall in 2014.

Compared with earlier readings it is up 0.4% over ten years.

Over the whole period, labor market, overall in Australia peaked at 1 in 1973 and was at its lowest, 0.7662, in 2002.

Australia ranks 31st of 90 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 42 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1 1 1 7
1980s 1 1 1 10
1990s 0.8709 0.7783 1 10
2000s 0.797 0.7662 0.8372 10
2010s 0.77 0.7694 0.7704 5

Countries ranked near Australia

  1. 28 India 0.7724 compare
  2. 29 Kenya 0.7703 compare
  3. 30 Ghana 0.7694 compare
  4. 32 Japan 0.7659 compare
  5. 33 TΓΌrkiye 0.7654 compare
  6. 34 Hungary 0.7579 compare

See the full ranking of 90 places β†’

More work & labour data for Australia

All data for Australia β†’

Frequently asked questions

What is labor market, overall in Australia?
Labor market, overall in Australia was 0.7694 in 2014, according to International Monetary Fund.
What is the highest labor market, overall recorded in Australia?
The highest recorded value was 1 in 1973.
What is the lowest labor market, overall recorded in Australia?
The lowest recorded value was 0.7662 in 2002.
How does Australia rank for labor market, overall?
Australia ranks 31st out of 90 countries with data for 2014.
Is labor market, overall rising or falling in Australia?
Over the last ten years it is up 0.4%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from International Monetary Fund, published as part of Labor market, Overall. Statizoid updates them automatically from the source API.

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Labor market, Overall in Australia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labor-market-overall/australia/

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About this data

Indicator
Labor market, Overall
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 3,515 data points, 1973–2014
Last refreshed

The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.