Unemployment rate young vs older adults in APEC

APEC: Unemployment rate young vs older adults was 11.78 in 2024. ▲ Rising

Latest (2024)
11.78
Change on year
down 0.9%
Rank
5th
of 6 groups
All-time high
12.31
in 2020
All-time low
6.03
in 1991
Years of data
34
1991–2024

Unemployment rate young vs older adults in APEC, 1991–2024

02.557.51012.51991200720241991: 61992: 6.21993: 6.61994: 7.41995: 7.91996: 8.21997: 8.51998: 91999: 9.22000: 92001: 9.72002: 10.42003: 10.92004: 112005: 112006: 10.72007: 10.42008: 10.72009: 11.72010: 11.22011: 11.22012: 10.92013: 10.92014: 10.92015: 10.92016: 10.62017: 10.22018: 9.82019: 9.92020: 12.32021: 11.22022: 11.72023: 11.92024: 11.8

Source: Our World in Data.

Analysis

In 2024, unemployment rate young vs older adults in APEC stood at 11.78.

That represents a change of down 0.9% on the previous year and up 8.4% over ten years.

Over the whole period, unemployment rate young vs older adults in APEC peaked at 12.31 in 2020 and was at its lowest, 6.03, in 1991.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.67 6.03 9.21 9
2000s 10.55 9.01 11.71 10
2010s 10.66 9.8 11.24 10
2020s 11.77 11.2 12.31 5

Countries ranked near APEC

  1. 2 South Africa 60.25 compare
  2. 3 Eswatini 54.37 compare
  3. 4 Libya 50.59 compare
  4. 5 Botswana 45.3 compare
  5. 6 Saint Vincent and the Grenadines 41.85 compare
  6. 7 Congo 40.58 compare
  7. 8 Jordan 39.05 compare

See the full ranking of 195 places →

More work & labour data for APEC

All data for APEC →

Frequently asked questions

What is unemployment rate young vs older adults in APEC?
Unemployment rate young vs older adults in APEC was 11.78 in 2024, according to Our World in Data.
What is the highest unemployment rate young vs older adults recorded in APEC?
The highest recorded value was 12.31 in 2020.
What is the lowest unemployment rate young vs older adults recorded in APEC?
The lowest recorded value was 6.03 in 1991.
How does APEC rank for unemployment rate young vs older adults?
APEC ranks 5th out of 6 groups with data for 2024.
Is unemployment rate young vs older adults rising or falling in APEC?
Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
Where does this APEC data come from?
The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.

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Unemployment rate young vs older adults in APEC. Statizoid, drawing on Our World in Data. Retrieved 21 August 2026, from https://labour.statizoid.com/stat/unemployment-rate-young-vs-older-adults/apec/

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About this data

Indicator
Unemployment rate young vs older adults
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
195 places, 6,621 data points, 1991–2024
Last refreshed