LU2: Combined rate of time-related underemployment and unemployment in Macao
Macao: LU2: Combined rate of time-related underemployment and unemployment was 3.26 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Macao, 2005–2027
Source: International Labour Organization.
Analysis
Macao recorded 3.26 for lu2: combined rate of time-related underemployment and unemployment in 2027.
The figure is up 6.4% on the previous year and up 28.7% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Macao peaked at 5.97 in 2005 and was at its lowest, 2.15, in 2014.
Macao ranks 181st of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Macao, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.97 | — |
| 2006 | 5.58 | -6.7% |
| 2007 | 4.9 | -12.1% |
| 2008 | 4.56 | -6.9% |
| 2009 | 5.41 | +18.7% |
| 2010 | 4.61 | -14.8% |
| 2011 | 3.66 | -20.6% |
| 2012 | 2.77 | -24.3% |
| 2013 | 2.39 | -13.7% |
| 2014 | 2.15 | -10.1% |
| 2015 | 2.2 | +2.4% |
| 2016 | 2.49 | +13.2% |
| 2017 | 2.53 | +1.7% |
| 2018 | 2.33 | -8.1% |
| 2019 | 2.23 | -4.2% |
| 2020 | 3.37 | +51.1% |
| 2021 | 2.78 | -17.5% |
| 2022 | 2.97 | +6.6% |
| 2023 | 2.73 | -7.9% |
| 2024 | 2.81 | +2.8% |
| 2025 | 2.88 | +2.5% |
| 2026 | 3.06 | +6.4% |
| 2027 | 3.26 | +6.4% |
Macao compared with similar countries
- Macao's 3.26 is below the median for high income countries, which is 8.6, 38% of the median. (62 countries reporting)
- Macao's 3.26 is below the median for East Asia & Pacific, which is 5.83, 56% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.28 | 4.56 | 5.97 | 5 |
| 2010s | 2.74 | 2.15 | 4.61 | 10 |
| 2020s | 2.98 | 2.73 | 3.37 | 8 |
Countries ranked near Macao
More work & labour data for Macao
- Persons outside the labour force (ILO modelled estimates) 208.94 (2027)
- Labour force (ILO modelled estimates) 420.81 (2027)
- Labour force participation rate (ILO modelled estimates) 66.82 (2027)
- Labour dependency ratio 0.769 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.2761 % change on previous year (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 2.38 % change on previous year (2027)
- Unemployment rate (ILO modelled estimates) 2.74 (2027)
- Output per worker, GDP constant 2015 US $ 117,019 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 206,074 (2027)
- Employment-to-population ratio (ILO modelled estimates) 64.99 (2027)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Macao?
- Lu2: combined rate of time-related underemployment and unemployment in Macao was 3.26 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Macao?
- The highest recorded value was 5.97 in 2005.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Macao?
- The lowest recorded value was 2.15 in 2014.
- How does Macao rank for lu2: combined rate of time-related underemployment and unemployment?
- Macao ranks 181st out of 188 countries with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Macao?
- Over the last ten years it is up 28.7%. The long-run trend across the full record is falling.
- Where does this Macao data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.