Unemployment rate in Singapore

Singapore: Unemployment rate was 2.1 in 2031. ▼ Falling

Latest (2031)
2.1
Change on year
unchanged
World rank
21st
of 22 countries
All-time high
6.28
in 1982
All-time low
1.43
in 1997
Years of data
52
1980–2031

Unemployment rate in Singapore, 1980–2031

123456198020052031

Source: International Monetary Fund.

Analysis

Singapore recorded 2.1 for unemployment rate in 2031.

The figure is down 20.8% over ten years.

Over the whole period, unemployment rate in Singapore peaked at 6.28 in 1982 and was at its lowest, 1.43, in 1997.

That places Singapore 21st out of 22 countries with data for 2031, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.45 1.77 6.28 10
1990s 1.89 1.43 2.8 10
2000s 2.93 2.12 3.95 10
2010s 2.05 1.9 2.25 10
2020s 2.17 1.93 3 10
2030s 2.1 2.1 2.1 2

Countries ranked near Singapore

  1. 18 Korea 2.8 compare
  2. 19 Hong Kong (China) 2.67 compare
  3. 20 Japan 2.53 compare
  4. 22 Thailand 1 compare

See the full ranking of 22 places →

More work & labour data for Singapore

All data for Singapore →

Frequently asked questions

What is unemployment rate in Singapore?
Unemployment rate in Singapore was 2.1 in 2031, according to International Monetary Fund.
What is the highest unemployment rate recorded in Singapore?
The highest recorded value was 6.28 in 1982.
What is the lowest unemployment rate recorded in Singapore?
The lowest recorded value was 1.43 in 1997.
How does Singapore rank for unemployment rate?
Singapore ranks 21st out of 22 countries with data for 2031.
Is unemployment rate rising or falling in Singapore?
Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
Where does this Singapore 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 Singapore. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://labour.statizoid.com/stat/unemployment-rate-9-26-2025/singapore/

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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.