Unemployment rate (ILO modelled estimates) (15+) in Macao
Macao: Unemployment rate (ILO modelled estimates) (15+) was 2.74 in 2027. ▼ Falling
Unemployment rate (ILO modelled estimates) in Macao, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, unemployment rate (ilo modelled estimates) in Macao stood at 2.74.
The figure is up 8.1% on the previous year and up 38.4% over ten years.
Over the whole period, unemployment rate (ilo modelled estimates) in Macao peaked at 6.87 in 2000 and was at its lowest, 1.67, in 2014.
Macao ranks 157th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 37 years of available data.
Unemployment rate (ILO modelled estimates) (15+) in Macao, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 3.01 | — |
| 1992 | 2.2 | -27.0% |
| 1993 | 2.06 | -6.3% |
| 1994 | 2.48 | +20.6% |
| 1995 | 3.58 | +44.4% |
| 1996 | 4.26 | +19.0% |
| 1997 | 3.23 | -24.3% |
| 1998 | 4.61 | +42.9% |
| 1999 | 6.34 | +37.6% |
| 2000 | 6.87 | +8.4% |
| 2001 | 6.37 | -7.3% |
| 2002 | 6.28 | -1.5% |
| 2003 | 6 | -4.5% |
| 2004 | 4.9 | -18.2% |
| 2005 | 4.16 | -15.2% |
| 2006 | 3.82 | -8.1% |
| 2007 | 3.27 | -14.5% |
| 2008 | 3 | -8.3% |
| 2009 | 3.58 | +19.4% |
| 2010 | 2.84 | -20.7% |
| 2011 | 2.56 | -9.9% |
| 2012 | 1.97 | -23.0% |
| 2013 | 1.82 | -7.6% |
| 2014 | 1.67 | -8.2% |
| 2015 | 1.81 | +8.4% |
| 2016 | 1.94 | +7.1% |
| 2017 | 1.98 | +2.2% |
| 2018 | 1.8 | -9.0% |
| 2019 | 1.73 | -4.0% |
| 2020 | 2.54 | +46.9% |
| 2021 | 2.22 | -12.6% |
| 2022 | 2.45 | +10.1% |
| 2023 | 2.21 | -9.8% |
| 2024 | 2.26 | +2.5% |
| 2025 | 2.35 | +3.8% |
| 2026 | 2.54 | +8.1% |
| 2027 | 2.74 | +8.1% |
Macao compared with similar countries
- Macao's 2.74 is below the median for high income countries, which is 5.2, 53% of the median. (62 countries reporting)
- Macao's 2.74 is below the median for East Asia & Pacific, which is 2.96, 93% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.53 | 2.06 | 6.34 | 9 |
| 2000s | 4.83 | 3 | 6.87 | 10 |
| 2010s | 2.01 | 1.67 | 2.84 | 10 |
| 2020s | 2.41 | 2.21 | 2.74 | 8 |
Countries ranked near Macao
More work & labour data for Macao
- Persons outside the labour force (ILO modelled estimates) 208.94 (2027)
- Labour force participation rate (ILO modelled estimates) 66.82 (2027)
- Labour force (ILO modelled estimates) 420.81 (2027)
- Labour dependency ratio 0.769 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 206,074 (2027)
- Output per worker, GDP constant 2015 US $ 117,019 (2027)
- Employment-to-population ratio (ILO modelled estimates) 64.99 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 2.38 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.2761 % change on previous year (2027)
- Labor force participation rate, total (% of total population ages 15+) 67.8% (2025)
Frequently asked questions
- What is unemployment rate (ilo modelled estimates) in Macao?
- Unemployment rate (ilo modelled estimates) in Macao was 2.74 in 2027, according to International Labour Organization.
- What is the highest unemployment rate (ilo modelled estimates) recorded in Macao?
- The highest recorded value was 6.87 in 2000.
- What is the lowest unemployment rate (ilo modelled estimates) recorded in Macao?
- The lowest recorded value was 1.67 in 2014.
- How does Macao rank for unemployment rate (ilo modelled estimates)?
- Macao ranks 157th out of 188 countries with data for 2027.
- Is unemployment rate (ilo modelled estimates) rising or falling in Macao?
- Over the last ten years it is up 38.4%. 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 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.