Unemployment rate: young vs. older adults in Hong Kong, China

Hong Kong, China: Unemployment rate: young vs. older adults was 9.5% in 2024. ▲ Rising

Latest (2024)
9.5%
Change on year
up 6.0%
World rank
124th
of 188 countries
All-time high
15.5%
in 2020
All-time low
4.2%
in 1991
Years of data
34
1991–2024

Unemployment rate: young vs. older adults in Hong Kong, China, 1991–2024

57.51012.5151991200720241991: 4.2 %1992: 4.3 %1993: 4.5 %1994: 4.3 %1995: 6.8 %1996: 6.6 %1997: 5.2 %1998: 10.4 %1999: 13.9 %2000: 11.1 %2001: 11.2 %2002: 14.8 %2003: 14.8 %2004: 12.1 %2005: 10.7 %2006: 10.4 %2007: 9 %2008: 8.5 %2009: 12.5 %2010: 12.1 %2011: 9.3 %2012: 9.2 %2013: 9.4 %2014: 9.2 %2015: 10.4 %2016: 9.7 %2017: 8.5 %2018: 8.7 %2019: 8.5 %2020: 15.5 %2021: 12.8 %2022: 11 %2023: 9 %2024: 9.5 %

Source: International Labour Organization (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2024, unemployment rate: young vs. older adults in Hong Kong, China stood at 9.5%.

That represents a change of up 6.0% on the previous year and up 3.3% over ten years.

Over the whole period, unemployment rate: young vs. older adults in Hong Kong, China peaked at 15.5% in 2020 and was at its lowest, 4.2%, in 1991.

That places Hong Kong, China 124th out of 188 countries with data for 2024, putting it in the middle of the range.

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

Unemployment rate: young vs. older adults in Hong Kong, China, year by year

Annual values for Unemployment rate: young vs. older adults in Hong Kong, China, 1991 to 2024.
Year % Change
1991 4.2%
1992 4.3% +2.4%
1993 4.5% +3.6%
1994 4.3% -3.3%
1995 6.8% +58.5%
1996 6.6% -3.2%
1997 5.2% -21.8%
1998 10.4% +101.5%
1999 13.9% +33.9%
2000 11.1% -20.7%
2001 11.2% +1.2%
2002 14.8% +32.3%
2003 14.8% +0.2%
2004 12.1% -18.6%
2005 10.7% -11.6%
2006 10.4% -2.8%
2007 9.0% -13.5%
2008 8.5% -5.1%
2009 12.5% +46.7%
2010 12.1% -3.1%
2011 9.3% -23.4%
2012 9.2% -0.4%
2013 9.4% +2.3%
2014 9.2% -2.6%
2015 10.4% +13.3%
2016 9.7% -6.7%
2017 8.5% -12.3%
2018 8.7% +2.3%
2019 8.5% -2.3%
2020 15.5% +82.2%
2021 12.8% -17.7%
2022 11.0% -13.8%
2023 9.0% -18.6%
2024 9.5% +6.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.7% 4.2% 13.9% 9
2000s 11.5% 8.5% 14.8% 10
2010s 9.5% 8.5% 12.1% 10
2020s 11.6% 9.0% 15.5% 5

Countries ranked near Hong Kong, China

  1. 121 Peru 9.7% compare
  2. 122 Nicaragua 9.6% compare
  3. 123 Pakistan 9.5% compare
  4. 125 Australia 9.4% compare
  5. 126 Turkmenistan 9.3% compare
  6. 127 Czechia 9.2% compare

See the full ranking of 195 places →

More work & labour data for Hong Kong, China

All data for Hong Kong, China →

Frequently asked questions

What is unemployment rate: young vs. older adults in Hong Kong, China?
Unemployment rate: young vs. older adults in Hong Kong, China was 9.5% in 2024, according to International Labour Organization (2026) – with major processing by Our World in Data.
What is the highest unemployment rate: young vs. older adults recorded in Hong Kong, China?
The highest recorded value was 15.5% in 2020.
What is the lowest unemployment rate: young vs. older adults recorded in Hong Kong, China?
The lowest recorded value was 4.2% in 1991.
How does Hong Kong, China rank for unemployment rate: young vs. older adults?
Hong Kong, China ranks 124th out of 188 countries with data for 2024.
Is unemployment rate: young vs. older adults rising or falling in Hong Kong, China?
Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
Where does this Hong Kong, China data come from?
The figures come from International Labour Organization (2026) – with major processing by 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 Hong Kong, China. Statizoid, drawing on International Labour Organization (2026) – with major processing by Our World in Data. Retrieved 03 September 2026, from https://labour.statizoid.com/stat/unemployment-rate-young-vs-older-adults/hong-kong-sar-china/

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About this data

Indicator
Unemployment rate: young vs. older adults
Unit
%
Source
International Labour Organization (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
195 places, 6,621 data points, 1991–2024
Last refreshed

Share of the labor force aged 15-24 without work, but actively looking for a job and available to start soon.