Unemployment rate in Australia

Australia: Unemployment rate was 4.46 in 2031. β–Ό Falling

Latest (2031)
4.46
Change on year
unchanged
World rank
13th
of 22 countries
All-time high
10.88
in 1993
All-time low
3.7
in 2023
Years of data
52
1980–2031

Unemployment rate in Australia, 1980–2031

46810198020052031

Source: International Monetary Fund.

Analysis

Australia recorded 4.46 for unemployment rate in 2031.

That represents a change of down 13.0% over ten years.

Over the whole period, unemployment rate in Australia peaked at 10.88 in 1993 and was at its lowest, 3.7, in 2023.

Australia ranks 13th of 22 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 52 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.59 5.78 9.97 10
1990s 8.78 6.87 10.88 10
2000s 5.48 4.26 6.78 10
2010s 5.51 5.08 6.07 10
2020s 4.45 3.7 6.46 10
2030s 4.46 4.46 4.46 2

Countries ranked near Australia

  1. 10 Dominican Republic 5 compare
  2. 11 India 4.94 compare
  3. 12 Brunei Darussalam 4.75 compare
  4. 14 Saudi Arabia 3.5 compare
  5. 15 Chinese Taipei 3.35 compare
  6. 16 Poland 3.18 compare

See the full ranking of 22 places β†’

More work & labour data for Australia

All data for Australia β†’

Frequently asked questions

What is unemployment rate in Australia?
Unemployment rate in Australia was 4.46 in 2031, according to International Monetary Fund.
What is the highest unemployment rate recorded in Australia?
The highest recorded value was 10.88 in 1993.
What is the lowest unemployment rate recorded in Australia?
The lowest recorded value was 3.7 in 2023.
How does Australia rank for unemployment rate?
Australia ranks 13th out of 22 countries with data for 2031.
Is unemployment rate rising or falling in Australia?
Over the last ten years it is down 13.0%. 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 Unemployment rate (9/26/2025). Statizoid updates them automatically from the source API.

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Unemployment rate in Australia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/unemployment-rate-9-26-2025/australia/

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About this data

Indicator
Unemployment rate (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
22 places, 903 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.