Unemployment, youth total (% of total labor force ages 15-24) in Palau
Palau: Unemployment, youth total (% of total labor force ages 15-24) was 4.7% in 2023. ◆ Volatile
Unemployment, youth total (% of total labor force ages 15-24) in Palau, 1995–2023
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
In 2023, unemployment, youth total (% of total labor force ages 15-24) in Palau stood at 4.7%.
Compared with earlier readings it is up 45.5% on the previous year and down 15.4% over ten years.
Over the whole period, unemployment, youth total (% of total labor force ages 15-24) in Palau peaked at 18.9% in 1995 and was at its lowest, 3.3%, in 2020.
That places Palau 142nd out of 160 countries with data for 2023, putting it in the bottom quarter.
Unemployment, youth total (% of total labor force ages 15-24) in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 18.9% | — |
| 2000 | 9.6% | -49.2% |
| 2014 | 5.6% | -41.7% |
| 2020 | 3.3% | -41.8% |
| 2023 | 4.7% | +45.5% |
Palau compared with similar countries
- Palau's 4.7% is below the median for high income countries, which is 13.9%, 34% of the median. (70 countries reporting)
- Palau's 4.7% is below the median for East Asia & Pacific, which is 8.0%, 59% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.9% | 18.9% | 18.9% | 1 |
| 2000s | 9.6% | 9.6% | 9.6% | 1 |
| 2010s | 5.6% | 5.6% | 5.6% | 1 |
| 2020s | 4.0% | 3.3% | 4.7% | 2 |
Countries ranked near Palau
- 139 United Arab Emirates 5.2% compare
- 140 Uganda 5.2% compare
- 141 Myanmar 4.9% compare
- 143 Tanzania, United Republic of 4.7% compare
- 144 Israel 4.7% compare
- 145 Côte d'Ivoire 4.4% compare
More work & labour data for Palau
- Population - Est. & Proj. — Total Population - Both sexes 11.13 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. — Total Population - Both sexes, annual -0.5897 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female 5.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5.49 1000 No (2100)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5354 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6167 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.06 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5438 % change on previous year (2100)
Frequently asked questions
- What is unemployment, youth total (% of total labor force ages 15-24) in Palau?
- Unemployment, youth total (% of total labor force ages 15-24) in Palau was 4.7% in 2023, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest unemployment, youth total (% of total labor force ages 15-24) recorded in Palau?
- The highest recorded value was 18.9% in 1995.
- What is the lowest unemployment, youth total (% of total labor force ages 15-24) recorded in Palau?
- The lowest recorded value was 3.3% in 2020.
- How does Palau rank for unemployment, youth total (% of total labor force ages 15-24)?
- Palau ranks 142nd out of 160 countries with data for 2023.
- Is unemployment, youth total (% of total labor force ages 15-24) rising or falling in Palau?
- Over the last ten years it is down 15.4%. 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, youth total (% of total labor force ages 15-24) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.