Unemployment, total (% of total labor force) in Palau
Palau: Unemployment, total (% of total labor force) was 2.1% in 2023. ◆ Volatile
Unemployment, total (% of total labor force) in Palau, 1990–2023
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
Palau recorded 2.1% for unemployment, total (% of total labor force) in 2023.
That represents a change of up 173.3% on the previous year and up 54.1% over ten years.
Over the whole period, unemployment, total (% of total labor force) in Palau peaked at 7.8% in 1990 and was at its lowest, 0.8%, in 2020.
Palau ranks 168th of 187 countries on this measure, in the bottom quarter.
Unemployment, total (% of total labor force) in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 7.8% | — |
| 1995 | 7.0% | -9.4% |
| 2000 | 3.3% | -53.0% |
| 2005 | 4.2% | +26.5% |
| 2014 | 1.4% | -67.5% |
| 2020 | 0.8% | -43.6% |
| 2023 | 2.1% | +173.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 7.0% | 7.8% | 2 |
| 2000s | 3.7% | 3.3% | 4.2% | 2 |
| 2010s | 1.4% | 1.4% | 1.4% | 1 |
| 2020s | 1.4% | 0.8% | 2.1% | 2 |
Countries ranked near Palau
- 166 Kuwait 2.2% compare
- 167 Russian Federation 2.1% compare
- 169 Togo 2.0% compare
- 170 Guatemala 1.9% compare
- 171 United Arab Emirates 1.9% compare
More work & labour data for Palau
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5897 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6167 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5438 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11.13 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5.49 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 5.64 1000 No (2100)
- Population - Est. & Proj. — Rural population 2.98 1000 No (2050)
- Population - Est. & Proj. — Urban population 24.6 1000 No (2050)
- Population - Est. & Proj. — Rural population, annual growth rate -1.06 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5354 % change on previous year (2050)
Frequently asked questions
- What is unemployment, total (% of total labor force) in Palau?
- Unemployment, total (% of total labor force) in Palau was 2.1% in 2023, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest unemployment, total (% of total labor force) recorded in Palau?
- The highest recorded value was 7.8% in 1990.
- What is the lowest unemployment, total (% of total labor force) recorded in Palau?
- The lowest recorded value was 0.8% in 2020.
- How does Palau rank for unemployment, total (% of total labor force)?
- Palau ranks 168th out of 187 countries with data for 2023.
- Is unemployment, total (% of total labor force) rising or falling in Palau?
- Over the last ten years it is up 54.1%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Unemployment, total (% of total labor force) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.