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 7 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
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.
Unemployment rate young vs older adults in APEC, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 6.03 | — |
| 1992 | 6.16 | +2.3% |
| 1993 | 6.65 | +7.9% |
| 1994 | 7.41 | +11.4% |
| 1995 | 7.91 | +6.8% |
| 1996 | 8.21 | +3.8% |
| 1997 | 8.5 | +3.6% |
| 1998 | 8.97 | +5.5% |
| 1999 | 9.21 | +2.6% |
| 2000 | 9.01 | -2.2% |
| 2001 | 9.68 | +7.5% |
| 2002 | 10.4 | +7.4% |
| 2003 | 10.93 | +5.1% |
| 2004 | 10.98 | +0.4% |
| 2005 | 10.97 | -0.1% |
| 2006 | 10.7 | -2.4% |
| 2007 | 10.43 | -2.5% |
| 2008 | 10.71 | +2.6% |
| 2009 | 11.71 | +9.3% |
| 2010 | 11.24 | -4.0% |
| 2011 | 11.19 | -0.5% |
| 2012 | 10.93 | -2.3% |
| 2013 | 10.94 | +0.0% |
| 2014 | 10.86 | -0.7% |
| 2015 | 10.94 | +0.7% |
| 2016 | 10.6 | -3.1% |
| 2017 | 10.19 | -3.9% |
| 2018 | 9.8 | -3.8% |
| 2019 | 9.91 | +1.1% |
| 2020 | 12.31 | +24.3% |
| 2021 | 11.2 | -9.0% |
| 2022 | 11.7 | +4.5% |
| 2023 | 11.88 | +1.5% |
| 2024 | 11.78 | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More work & labour data for APEC
- Labour force (ILO modelled estimates) 1.60 million (2027)
- Labour force participation rate (ILO modelled estimates) 63.86 (2027)
- Persons outside the labour force (ILO modelled estimates) 906,140 (2027)
- Unemployment rate (ILO modelled estimates) 3.87 (2027)
- Output per worker, GDP constant 2015 US $ 41,946 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 67,067 (2027)
- Employment-to-population ratio (ILO modelled estimates) 61.39 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.54 % change on previous year (2027)
- Labour dependency ratio 0.953 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.2228 % change on previous year (2027)
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 7 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.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).