Unemployment rate (ILO modelled estimates) in Southern Europe

Southern Europe: Unemployment rate (ILO modelled estimates) was 7.62 in 2027. ▼ Falling

Latest (2027)
7.62
Change on year
down 1.9%
Rank
20th
of 87 groups
All-time high
19.5
in 2013
All-time low
7.62
in 2027
Years of data
37
1991–2027

Unemployment rate (ILO modelled estimates) in Southern Europe, 1991–2027

051015201991200920271991: 11.71992: 12.51993: 14.21994: 15.21995: 14.91996: 14.91997: 14.71998: 14.21999: 13.22000: 12.32001: 10.72002: 10.92003: 11.12004: 10.82005: 10.32006: 9.62007: 92008: 9.62009: 12.72010: 14.32011: 15.52012: 18.32013: 19.52014: 18.72015: 17.22016: 15.82017: 14.22018: 12.72019: 11.62020: 11.82021: 11.62022: 10.12023: 9.42024: 8.62025: 8.12026: 7.82027: 7.6

Source: International Labour Organization.

Analysis

In 2027, unemployment rate (ilo modelled estimates) in Southern Europe stood at 7.62. That is the lowest value across all 37 years on record.

Compared with earlier readings it is down 1.9% on the previous year and down 46.2% over ten years.

Over the whole period, unemployment rate (ilo modelled estimates) in Southern Europe peaked at 19.5 in 2013 and was at its lowest, 7.62, in 2027.

That places Southern Europe 20th out of 87 groups with data for 2027, putting it in the top quarter.

The long-run direction has been consistently falling across the 37 years of available data.

Unemployment rate (ILO modelled estimates) in Southern Europe, year by year

Annual values for Unemployment rate (ILO modelled estimates) (15+) in Southern Europe, 1991 to 2027.
Year Value Change
1991 11.65
1992 12.52 +7.5%
1993 14.21 +13.5%
1994 15.15 +6.7%
1995 14.93 -1.5%
1996 14.95 +0.1%
1997 14.65 -2.0%
1998 14.23 -2.9%
1999 13.22 -7.0%
2000 12.29 -7.1%
2001 10.75 -12.6%
2002 10.92 +1.6%
2003 11.06 +1.2%
2004 10.84 -1.9%
2005 10.35 -4.6%
2006 9.61 -7.2%
2007 8.98 -6.5%
2008 9.64 +7.3%
2009 12.71 +31.8%
2010 14.26 +12.3%
2011 15.53 +8.9%
2012 18.28 +17.7%
2013 19.5 +6.7%
2014 18.72 -4.0%
2015 17.24 -7.9%
2016 15.79 -8.4%
2017 14.15 -10.4%
2018 12.71 -10.2%
2019 11.62 -8.6%
2020 11.78 +1.4%
2021 11.6 -1.6%
2022 10.06 -13.3%
2023 9.44 -6.2%
2024 8.61 -8.7%
2025 8.1 -6.0%
2026 7.77 -4.1%
2027 7.62 -1.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.95 11.65 15.15 9
2000s 10.71 8.98 12.71 10
2010s 15.78 11.62 19.5 10
2020s 9.37 7.62 11.78 8

Countries ranked near Southern Europe

  1. 17 Haiti 14.9 compare
  2. 18 Angola 14.35 compare
  3. 19 Montenegro 14.05 compare
  4. 20 Syrian Arab Republic 13.9 compare
  5. 21 Armenia 13.65 compare
  6. 22 Afghanistan 13.05 compare
  7. 23 Georgia 12.76 compare

See the full ranking of 276 places →

More work & labour data for Southern Europe

All data for Southern Europe →

Frequently asked questions

What is unemployment rate (ilo modelled estimates) in Southern Europe?
Unemployment rate (ilo modelled estimates) in Southern Europe was 7.62 in 2027, according to International Labour Organization.
What is the highest unemployment rate (ilo modelled estimates) recorded in Southern Europe?
The highest recorded value was 19.5 in 2013.
What is the lowest unemployment rate (ilo modelled estimates) recorded in Southern Europe?
The lowest recorded value was 7.62 in 2027.
How does Southern Europe rank for unemployment rate (ilo modelled estimates)?
Southern Europe ranks 20th out of 87 groups with data for 2027.
Is unemployment rate (ilo modelled estimates) rising or falling in Southern Europe?
Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
Where does this Southern Europe 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.

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Unemployment rate (ILO modelled estimates) in Southern Europe. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/unemployment-rate-ilo-modelled-estimates-15/southern-europe/

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About this data

Indicator
Unemployment rate (ILO modelled estimates) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
Last refreshed

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.