Unemployment rate (current ILO definition - ICLS19) in Macao
Macao: Unemployment rate (current ILO definition - ICLS19) was 2.54 in 2020. ▲ Rising
Unemployment rate (current ILO definition - ICLS19) in Macao, 2014–2020
Source: International Labour Organization.
Analysis
The most recent figure for unemployment rate (current ilo definition - icls19) in Macao is 2.54, measured in 2020. That is the highest value across all 7 years on record.
That represents a change of up 46.9% on the previous year and up 49.5% over ten years.
Macao ranks 68th of 74 countries on this measure, in the bottom quarter.
Unemployment rate (current ILO definition - ICLS19) in Macao, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 1.7 | — |
| 2015 | 1.8 | +5.9% |
| 2016 | 1.96 | +9.1% |
| 2017 | 1.98 | +0.9% |
| 2018 | 1.8 | -9.0% |
| 2019 | 1.73 | -4.0% |
| 2020 | 2.54 | +46.9% |
Macao compared with similar countries
- Macao's 2.54 is below the median for high income countries, which is 4.87, 52% of the median. (54 countries reporting)
- Macao's 2.54 is below the median for East Asia & Pacific, which is 3.63, 70% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.83 | 1.7 | 1.98 | 6 |
| 2020s | 2.54 | 2.54 | 2.54 | 1 |
Countries ranked near Macao
More work & labour data for Macao
- Labour force participation rate (ILO modelled estimates) 66.82 (2027)
- Labour force (ILO modelled estimates) 420.81 (2027)
- Persons outside the labour force (ILO modelled estimates) 208.94 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.2761 % change on previous year (2027)
- Output per worker, GDP constant 2015 US $ 117,019 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 206,074 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 2.38 % change on previous year (2027)
- Labour dependency ratio 0.769 (2027)
- Unemployment rate (ILO modelled estimates) 2.74 (2027)
- Employment-to-population ratio (ILO modelled estimates) 64.99 (2027)
Frequently asked questions
- What is unemployment rate (current ilo definition - icls19) in Macao?
- Unemployment rate (current ilo definition - icls19) in Macao was 2.54 in 2020, according to International Labour Organization.
- What is the highest unemployment rate (current ilo definition - icls19) recorded in Macao?
- The highest recorded value was 2.54 in 2020.
- What is the lowest unemployment rate (current ilo definition - icls19) recorded in Macao?
- The lowest recorded value was 1.7 in 2014.
- How does Macao rank for unemployment rate (current ilo definition - icls19)?
- Macao ranks 68th out of 74 countries with data for 2020.
- Is unemployment rate (current ilo definition - icls19) rising or falling in Macao?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is rising.
- Where does this Macao data come from?
- The figures come from International Labour Organization, published as part of Unemployment rate (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.
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CSV · JSON — 7 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series includes only countries for which the 19th ICLS definitions are applied. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.