Unemployment rate young vs older adults in Laos
Laos: Unemployment rate young vs older adults was 2.18 in 2024. ▼ Falling
Latest (2024)
2.18
Change on year
up 0.1%
World rank
183rd
of 188 countries
All-time high
5.78
in 2017
All-time low
1.58
in 2010
Years of data
34
1991–2024
Unemployment rate young vs older adults in Laos, 1991–2024
Source: Our World in Data.
Analysis
In 2024, unemployment rate young vs older adults in Laos stood at 2.18.
Compared with earlier readings it is up 0.1% on the previous year and down 36.2% over ten years.
Over the whole period, unemployment rate young vs older adults in Laos peaked at 5.78 in 2017 and was at its lowest, 1.58, in 2010.
That places Laos 183rd out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Unemployment rate young vs older adults in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 5.2 | — |
| 1992 | 5.55 | +6.8% |
| 1993 | 5.61 | +0.9% |
| 1994 | 5.48 | -2.2% |
| 1995 | 5.45 | -0.5% |
| 1996 | 5.17 | -5.1% |
| 1997 | 4.97 | -3.8% |
| 1998 | 4.82 | -3.2% |
| 1999 | 4.54 | -5.7% |
| 2000 | 4.31 | -5.2% |
| 2001 | 3.98 | -7.6% |
| 2002 | 3.75 | -5.9% |
| 2003 | 3.46 | -7.6% |
| 2004 | 3.17 | -8.5% |
| 2005 | 2.86 | -9.6% |
| 2006 | 2.57 | -10.3% |
| 2007 | 2.31 | -10.2% |
| 2008 | 2.06 | -10.8% |
| 2009 | 1.83 | -11.0% |
| 2010 | 1.58 | -13.9% |
| 2011 | 2.02 | +28.1% |
| 2012 | 2.47 | +22.1% |
| 2013 | 2.94 | +19.0% |
| 2014 | 3.41 | +16.2% |
| 2015 | 3.9 | +14.2% |
| 2016 | 4.84 | +24.0% |
| 2017 | 5.78 | +19.5% |
| 2018 | 5.13 | -11.3% |
| 2019 | 4.47 | -12.8% |
| 2020 | 4.24 | -5.3% |
| 2021 | 3.33 | -21.5% |
| 2022 | 2.18 | -34.3% |
| 2023 | 2.18 | -0.4% |
| 2024 | 2.18 | +0.1% |
Laos compared with similar countries
- Laos's 2.18 is below the median for lower middle income countries, which is 10.03, 22% of the median. (46 countries reporting)
- Laos's 2.18 is below the median for East Asia & Pacific, which is 9.41, 23% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.2 | 4.54 | 5.61 | 9 |
| 2000s | 3.03 | 1.83 | 4.31 | 10 |
| 2010s | 3.65 | 1.58 | 5.78 | 10 |
| 2020s | 2.82 | 2.18 | 4.24 | 5 |
Countries ranked near Laos
More work & labour data for Laos
- Persons outside the labour force (ILO modelled estimates) 1,934 (2027)
- Labour force participation rate (ILO modelled estimates) 66.2 (2027)
- Labour force (ILO modelled estimates) 3,788 (2027)
- Unemployment rate (ILO modelled estimates) 1.25 (2027)
- Labour dependency ratio 1.16 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 19,084 (2027)
- Output per worker, GDP constant 2015 US $ 6,038 (2027)
- Employment-to-population ratio (ILO modelled estimates) 65.37 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.63 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.83 % change on previous year (2027)
Frequently asked questions
- What is unemployment rate young vs older adults in Laos?
- Unemployment rate young vs older adults in Laos was 2.18 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in Laos?
- The highest recorded value was 5.78 in 2017.
- What is the lowest unemployment rate young vs older adults recorded in Laos?
- The lowest recorded value was 1.58 in 2010.
- How does Laos rank for unemployment rate young vs older adults?
- Laos ranks 183rd out of 188 countries with data for 2024.
- Is unemployment rate young vs older adults rising or falling in Laos?
- Over the last ten years it is down 36.2%. The long-run trend across the full record is falling.
- Where does this Laos 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).