Unemployment rate (ILO modelled estimates) in Europe and Central Asia: High income
Europe and Central Asia: High income: Unemployment rate (ILO modelled estimates) was 4.82 in 2027. ▼ Falling
Unemployment rate (ILO modelled estimates) in Europe and Central Asia: High income, 1991–2027
Source: International Labour Organization.
Analysis
Europe and Central Asia: High income recorded 4.82 for unemployment rate (ilo modelled estimates) in 2027. That is the lowest value across all 37 years on record.
Compared with earlier readings it is down 1.7% on the previous year and down 31.0% over ten years.
Over the whole period, unemployment rate (ilo modelled estimates) in Europe and Central Asia: High income peaked at 10.63 in 1997 and was at its lowest, 4.82, in 2027.
That places Europe and Central Asia: High income 50th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Unemployment rate (ILO modelled estimates) in Europe and Central Asia: High income, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 7.63 | — |
| 1992 | 8.19 | +7.4% |
| 1993 | 9.48 | +15.7% |
| 1994 | 10.4 | +9.7% |
| 1995 | 10.33 | -0.6% |
| 1996 | 10.35 | +0.2% |
| 1997 | 10.63 | +2.7% |
| 1998 | 10.6 | -0.3% |
| 1999 | 10.35 | -2.3% |
| 2000 | 9.38 | -9.3% |
| 2001 | 8.61 | -8.2% |
| 2002 | 8.63 | +0.2% |
| 2003 | 8.8 | +2.0% |
| 2004 | 8.78 | -0.3% |
| 2005 | 8.49 | -3.2% |
| 2006 | 7.91 | -6.9% |
| 2007 | 6.87 | -13.1% |
| 2008 | 6.77 | -1.5% |
| 2009 | 8.74 | +29.1% |
| 2010 | 8.99 | +2.9% |
| 2011 | 8.82 | -1.9% |
| 2012 | 9.18 | +4.1% |
| 2013 | 9.44 | +2.9% |
| 2014 | 8.9 | -5.7% |
| 2015 | 8.39 | -5.7% |
| 2016 | 7.74 | -7.8% |
| 2017 | 6.99 | -9.7% |
| 2018 | 6.29 | -9.9% |
| 2019 | 5.8 | -7.9% |
| 2020 | 6.38 | +10.0% |
| 2021 | 6.22 | -2.5% |
| 2022 | 5.32 | -14.5% |
| 2023 | 5.08 | -4.5% |
| 2024 | 4.92 | -3.2% |
| 2025 | 4.91 | -0.1% |
| 2026 | 4.9 | -0.2% |
| 2027 | 4.82 | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.77 | 7.63 | 10.63 | 9 |
| 2000s | 8.3 | 6.77 | 9.38 | 10 |
| 2010s | 8.06 | 5.8 | 9.44 | 10 |
| 2020s | 5.32 | 4.82 | 6.38 | 8 |
Countries ranked near Europe and Central Asia: High income
- 47 Western Sahara 8.98 compare
- 48 Morocco 8.92 compare
- 49 Türkiye 8.78 compare
- 50 Iran, Islamic Republic of 8.53 compare
- 51 Estonia 8.52 compare
- 52 Sweden 8.46 compare
- 53 Equatorial Guinea 8.37 compare
More work & labour data for Europe and Central Asia: High income
- Labour force (ILO modelled estimates) 339,691 (2027)
- Labour force participation rate (ILO modelled estimates) 58.03 (2027)
- Persons outside the labour force (ILO modelled estimates) 245,710 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 115,809 (2027)
- Labour dependency ratio 1.13 (2027)
- Output per worker, GDP constant 2015 US $ 71,819 (2027)
- Employment-to-population ratio (ILO modelled estimates) 55.23 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.08 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.4391 % change on previous year (2027)
- Employment 326,224 (2025)
Frequently asked questions
- What is unemployment rate (ilo modelled estimates) in Europe and Central Asia: High income?
- Unemployment rate (ilo modelled estimates) in Europe and Central Asia: High income was 4.82 in 2027, according to International Labour Organization.
- What is the highest unemployment rate (ilo modelled estimates) recorded in Europe and Central Asia: High income?
- The highest recorded value was 10.63 in 1997.
- What is the lowest unemployment rate (ilo modelled estimates) recorded in Europe and Central Asia: High income?
- The lowest recorded value was 4.82 in 2027.
- How does Europe and Central Asia: High income rank for unemployment rate (ilo modelled estimates)?
- Europe and Central Asia: High income ranks 50th out of 87 groups with data for 2027.
- Is unemployment rate (ilo modelled estimates) rising or falling in Europe and Central Asia: High income?
- Over the last ten years it is down 31.0%. The long-run trend across the full record is falling.
- Where does this Europe and Central Asia: High income data come from?
- The figures come from International Labour Organization, published as part of Unemployment rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 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. 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 ILO Modelled Estimates (ILOEST) database description.