Unemployment Rate | Forecast | 2016-2020

This page provides forecasts for Unemployment Rate including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q3/17 Q4/17 Q1/18 Q2/18 2020
United States 4.40 Jun/17 4.4 4.5 4.5 4.6 6
Euro Area 9.30 May/17 9.3 9.2 9.2 9.1 7.9
China 3.97 Mar/17   4.1 4.1 4.2 4.2 5
Japan 3.10 May/17   3.2 3.3 3.2 3.2 3.8
Germany 3.90 May/17   4 4.1 4.1 4.2 5.1
United Kingdom 4.50 May/17   4.7 4.8 4.8 4.9 5.1
France 9.60 Mar/17   9.5 9.5 9.4 9.3 8.2
India 4.90 Dec/13   4.8 4.7 4.8 4.8 4.6
Italy 11.30 May/17   10.4 10.2 10 9.8 8
Brazil 13.30 May/17   14 14.1 13.8 13.6 10.6
Canada 6.50 Jun/17 6.5 6.6 6.7 6.6 6.7
South Korea 3.80 Jun/17   3.9 3.6 3.8 3.7 4.1
Russia 5.10 Jun/17   5.2 5.5 5.6 5.4 5.8
Spain 18.75 Mar/17   18.2 17.9 18.2 18 14.9
Australia 5.60 Jun/17   5.4 5.5 5.4 5.6 5.6
Mexico 3.30 Jun/17   3.8 3.8 4.2 4.2 4.2
Indonesia 5.33 Mar/17   5.5 5.5 5.4 5.4 6
Turkey 10.50 Apr/17   11.7 12.4 11.8 10.7 13
Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Afghanistan 8.50 Dec/16   9 9 8.5 8.5 10
Albania 14.60 Mar/17   14 13.8 13.6 13.2 11.5
Algeria 10.50 Sep/16   12.28 11.9 12.41 12.5 12.56
Angola 26.00 Dec/14   25.6 25.16 25.29 25.42 25
Argentina 9.20 Mar/17   10 10.2 10.1 10 9
Armenia 19.00 Mar/17   16.2 16.5 17 16.8 15.6
Australia 5.60 Jun/17   5.4 5.5 5.4 5.6 5.6
Austria 7.60 Jun/17   8.1 10 8.8 7.7 9.2
Azerbaijan 5.10 Dec/16   5.8 5.8 5.5 5.5 5
Bahamas 14.80 Dec/15   15.9 15.9 16.2 16.2 15.5
Bahrain 3.70 Dec/12   4 4 4.1 4.1 4.5
Bangladesh 4.10 Dec/16   4.3 4.3 4.5 4.5 4.8
Barbados 10.20 Sep/16   11 10.8 10.7 10.7 8.5
Belarus 0.90 Feb/17   1.2 1.2 1.2 1.2 1.1
Belgium 6.80 Apr/17   6.5 6.4 6.3 6.2 5.5
Belize 10.10 Dec/15   9.7 9.7 9.6 9.6 9.4
Benin 1.00 Dec/13   1.12 1.24 1.25 1.27 1
Bhutan 2.50 Dec/16   2.4 2.4 2.6 2.6 3
Bolivia 7.40 Dec/13   7.3 7.3 7.7 7.7 8.5
Bosnia and Herzegovina 39.19 May/17   39.2 39 38.8 38.4 30
Botswana 20.00 Dec/13   19.98 20.15 20.17 20.18 19.9
Brazil 13.30 May/17   14 14.1 13.8 13.6 10.6
Brunei 6.90 Dec/14   6.2 6 5.7 5.7 5.8
Bulgaria 6.80 Jun/17   7.4 8.4 8 7.9 7.5
Burkina Faso 6.60 Dec/14   7.15 7.35 7.45 7.54 7.57
Burundi 7.70 Dec/12   3.89 5.88 1.86 1.26 6.72
Cambodia 0.30 Dec/16   0.5 0.5 0.6 0.6 0.7
Cameroon 4.00 Dec/13   4.32 4.3 4.28 4.25 5.23
Canada 6.50 Jun/17 6.5 6.6 6.7 6.6 6.7
Cape Verde 15.00 Dec/16   15.24 15.92 16.07 16.22 13.8
Cayman Islands 5.60 Dec/15   5.3 5.3 4.8 4.8 4.5
Central African Republic 7.60 Dec/12   7.07 6.65 6.56 6.47 6.99
Chad 5.60 Dec/13   8.32 8.44 8.44 8.5 11.08
Chile 7.00 May/17   6.9 6.7 6.6 6.4 6.9
China 3.97 Mar/17   4.1 4.1 4.2 4.2 5
Colombia 9.40 May/17   9.5 9.7 9.8 10 8
Comoros 7.00 Dec/12   6.46 6.26 6.09 5.93 5.8
Congo 46.10 Dec/13   47.82 48.78 49.02 49.26 36
Costa Rica 9.10 Mar/17   9.46 9.53 9.8 9.8 9.3
Croatia 10.80 Jun/17   10.9 10.2 10 9.8 8.7
Cuba 2.40 Dec/15   2.3 2.3 1.9 1.9 2.1
Cyprus 11.00 May/17   11.2 11 10.7 10.5 9.1
Czech Republic 4.00 Jun/17 4 3.9 3.9 3.9 5
Denmark 4.30 May/17 4.3 4.4 4.4 4.5 5
Djibouti 54.00 Dec/10   53.4 53.24 53.03 52.83 42.7
Dominican Republic 13.30 Sep/16   13.7 13.7 13.9 13.9 13.5
East Timor 4.00 Dec/16   5 5 4 4 7
Ecuador 5.20 Dec/16   6.8 5.7 5.8 5.8 6.2
Egypt 12.00 Mar/17   12.3 12 11.6 11.8 11
El Salvador 7.00 Dec/15   7.3 7.3 7.4 7.4 7
Equatorial Guinea 22.30 Dec/09   22.48 22.56 22.62 22.67 18
Eritrea 14.50 Dec/84 14.5 14.5 14.5 14.5 6.5
Estonia 5.60 Mar/17   6.7 6.4 6.5 6.2 5.5
Ethiopia 16.80 Dec/15   16.2 16.02 15.85 15.67 13.8
Euro Area 9.30 May/17 9.3 9.2 9.2 9.1 7.9
European Union 7.80 May/17 7.8 7.7 7.7 7.6 6.2
Fiji 7.90 Dec/16   7.5 7.5 7.3 7.3 7.4
Finland 10.70 May/17   7.4 7.8 9.9 9 7.1
France 9.60 Mar/17   9.5 9.5 9.4 9.3 8.2
Gabon 20.30 Dec/13   21.38 21.76 22 22.24 24.25
Gambia 29.80 Dec/13   37.68 38.33 41.33 44.33 15
Georgia 11.80 Dec/16   11.2 11.2 10.9 10.9 10
Germany 3.90 May/17   4 4.1 4.1 4.2 5.1
Ghana 5.20 Dec/13   8.9 8.9 8.9 8.9 10
Greece 21.70 Apr/17   21.6 21.3 21 20.7 18.8
Guatemala 3.10 Jun/16 3.1 3 2.7 2.7 3.4
Guinea 1.70 Dec/13   1.99 1.77 1.7 1.62 6.5
Guinea Bissau 7.60 Dec/13   8.68 9.09 9.33 9.56 6.5
Guyana 21.00 Dec/11   20 20 21.3 21.3 19
Haiti 6.80 Dec/14   7.1 7.1 7.2 7.2 6.9
Honduras 7.30 Dec/15   7 7 7.2 7.2 7.5
Hong Kong 3.10 Jun/17   3.3 3.4 3.4 3.4 3.9
Hungary 4.40 May/17   4.3 4.2 4.3 4.4 5
Iceland 3.20 May/17   3 2.8 3.2 3.4 4
India 4.90 Dec/13   4.8 4.7 4.8 4.8 4.6
Indonesia 5.33 Mar/17   5.5 5.5 5.4 5.4 6
Iran 12.50 Mar/17   12 12.4 11.8 12 10.8
Iraq 16.00 Dec/16   17.4 17.4 16.9 16.9 16.5
Ireland 6.30 Jun/17   6.1 5.9 5.7 5.5 5.4
Israel 4.50 May/17   4.8 4.7 4.5 4.6 5.5
Italy 11.30 May/17   10.4 10.2 10 9.8 8
Ivory Coast 5.30 Dec/13   4.18 3.73 3.48 3.23 7.85
Jamaica 12.90 Sep/16   12.6 12.7 12.5 12.5 12
Japan 3.10 May/17   3.2 3.3 3.2 3.2 3.8
Jordan 18.20 Mar/17   17.8 17.5 17.3 17 15.9
Kazakhstan 4.80 May/17   5 5.1 5.1 5.1 5.3
Kenya 40.00 Dec/11   42.78 44.05 44.7 45.35 24
Kosovo 27.50 Dec/16   26.4 26.4 25.2 25.2 24
Kuwait 2.20 Dec/15   2.6 2.6 2.7 2.7 3
Kyrgyzstan 2.40 Apr/17 2.4 2.5 2.4 2.5 2.9
Laos 1.50 Dec/16 1.5 1.5 1.5 1.5 1.7
Latvia 9.40 Mar/17   9.1 9 9.3 9 8.2
Lebanon 6.80 Dec/16 6.8 6.8 6.7 6.7 6.7
Lesotho 25.30 Dec/08   25.2 25.14 25.12 25.09 19.5
Liberia 3.80 Dec/14   3.84 3.91 3.94 3.98 4
Libya 19.50 Dec/11   17.74 17.16 16.57 15.99 20.2
Liechtenstein 2.30 Dec/16   2.4 2.4 2.5 2.5 2.4
Lithuania 7.30 Jun/17 7.3 8.6 8.2 7.3 7.2
Luxembourg 6.00 May/17   5.9 5.9 5.8 5.8 5.2
Macau 2.00 May/17   2.1 2.1 2.2 2.3 2.5
Macedonia 22.90 Mar/17   22.2 22 21.7 21.5 16.5
Madagascar 1.20 Dec/12   1.72 1.72 1.72 1.72 2
Malawi 6.60 Dec/13   6.41 6.38 6.09 5.8 3.78
Malaysia 3.40 May/17   3.6 3.7 3.7 3.6 4.1
Maldives 3.20 Dec/16   4 4 5 5 6
Mali 8.20 Dec/14   7.51 6.38 6.03 5.68 8.5
Malta 4.20 Mar/17 4.2 4 4 4.1 4.5
Mauritania 12.85 Dec/14   10.15 9.05 8.81 8.58 12.8
Mauritius 7.60 Mar/17   7.3 6.9 6 6.4 6.5
Mexico 3.30 Jun/17   3.8 3.8 4.2 4.2 4.2
Moldova 6.30 Mar/17   3 4 6.2 4.1 4.5
Mongolia 9.10 Mar/17   8.9 9.3 8.8 8.9 7.3
Montenegro 20.16 Jun/17   21.2 19.9 19.5 19.2 16.5
Morocco 10.70 Mar/17   9.7 9.37 10.34 9.44 9
Mozambique 17.00 Dec/07   17.85 17.85 17.85 17.85 13.4
Myanmar 4.02 Dec/13   4 4 4 4 4.2
Namibia 34.00 Dec/16   34.7 35.47 35.66 35.85 36.86
Nepal 3.20 Dec/16   3.3 3.3 3.5 3.5 3.8
Netherlands 4.90 Jun/17   5.1 5 5 5 5.6
New Caledonia 14.90 Dec/16   14.4 14.4 14.9 14.9 13.8
New Zealand 4.90 Mar/17   5 4.9 5 5 5.2
Nicaragua 6.80 Dec/14   6.5 6.8 6.6 6.6 7
Niger 2.25 Dec/08   6 6 6 6 5.5
Nigeria 14.20 Dec/16   14.3 14.4 14 14 13.4
North Korea 4.30 Dec/16   4.2 4.2 4.2 4.2 4.4
Norway 4.60 Apr/17   4.4 4.4 4.3 4.3 4
Oman 17.50 Dec/16   19 19 20 20 16
Pakistan 5.90 Dec/15   6.1 6.1 6 6 5.7
Palestine 27.00 Mar/17   27.5 27 26.9 26.4 24.9
Panama 5.60 Dec/16   5.3 5.3 5.6 5.6 5.4
Papua New Guinea 2.50 Dec/16   2.6 2.6 2.52 2.52 2.5
Paraguay 8.40 Mar/17   8.8 8.6 8.5 8.5 7.4
Peru 6.90 Jun/17   6.4 6.6 6.9 6.9 7.1
Philippines 5.70 Jun/17   6.2 6 6.4 6.5 6.3
Poland 7.40 May/17   7.1 7.7 7.5 7.3 6.8
Portugal 10.10 Mar/17   9.6 9.6 9.7 9.4 8.5
Puerto Rico 11.50 Apr/17   12.5 12.5 12.6 12.6 12.2
Qatar 0.10 Mar/17   0.8 0.8 1 1 1.2
Republic of the Congo 26.60 Dec/10 26.6 26.6 26.6 26.6 23.5
Romania 5.40 May/17   5.2 5.2 5.1 5 5.4
Russia 5.10 Jun/17   5.2 5.5 5.6 5.4 5.8
Rwanda 13.20 Feb/16   14.69 15.28 15.71 16.13 19.12
Sao Tome and Principe 13.60 Dec/12   14.03 14.01 14.18 14.35 15.26
Saudi Arabia 5.60 Dec/16   5.9 5.9 5.9 5.6 5.9
Senegal 22.70 Mar/17   22.21 21.83 22.05 21.92 21.97
Serbia 14.60 Mar/17   12 11.7 12.2 11.5 10.5
Seychelles 4.50 Dec/16   3.84 4.01 3.41 2.82 6
Sierra Leone 3.30 Dec/14   3.32 3.3 3.3 3.3 3.3
Singapore 2.20 Mar/17   2.3 2.3 2.4 2.4 3.1
Slovakia 6.90 Jun/17   7.1 6.7 6.5 6.3 5.5
Slovenia 9.40 May/17   9.1 8.8 9 8.6 7.2
South Africa 27.70 Mar/17   28 27.5 28 27.8 24
South Korea 3.80 Jun/17   3.9 3.6 3.8 3.7 4.1
South Sudan 12.00 Dec/08 12 12 12 12 12
Spain 18.75 Mar/17   18.2 17.9 18.2 18 14.9
Sri Lanka 4.10 Mar/17   4.8 4.6 4.3 5 4.6
Sudan 19.50 Dec/14   20.16 20.46 20.65 20.84 22.93
Suriname 8.90 Dec/15   8.72 8.74 8.5 8.27 7.32
Swaziland 6.70 Dec/13   8.16 8.77 9.17 9.56 10.56
Sweden 7.20 May/17   6.4 6.3 7.1 7 5.8
Switzerland 3.00 Jun/17   3.2 3.4 3.5 3 3.5
Syria 14.30 Dec/16   28 28 25 25 22
Taiwan 3.78 Jun/17   3.85 3.81 3.85 3.9 4.15
Tajikistan 2.40 Apr/17 2.4 2.6 2.7 2.6 2.7
Tanzania 10.30 Dec/14   10.11 10.07 10.02 9.96 9.05
Thailand 1.32 May/17   1.1 1.4 1.5 1.6 2.2
Togo 7.10 Dec/14   7.01 7.01 7.03 7.05 7.02
Trinidad and Tobago 4.40 Jun/16   4 3.9 3.7 3.7 4
Tunisia 15.30 Mar/17   14.98 14.9 14.98 15.02 15.03
Turkey 10.50 Apr/17   11.7 12.4 11.8 10.7 13
Turkmenistan 10.00 Dec/15   10.8 10.8 10.7 10.7 10.5
Uganda 3.80 Dec/13   3.72 3.55 3.53 3.5 3.36
Ukraine 10.50 Mar/17   9.5 9.8 10 9.6 8.2
United Arab Emirates 3.69 Dec/16   4.6 4.6 4.8 4.8 4.9
United Kingdom 4.50 May/17   4.7 4.8 4.8 4.9 5.1
United States 4.40 Jun/17 4.4 4.5 4.5 4.6 6
Uruguay 8.46 Apr/17   8.3 8.4 8.1 8.1 8.7
Uzbekistan 8.90 Dec/16   8.7 8.7 8.5 8.5 7.9
Venezuela 7.30 Apr/16   25 25 30 30 20
Vietnam 2.09 Mar/17   2.2 2.2 2.3 2.3 2.6
Yemen 17.10 Dec/16   18 18 17 17 15
Zambia 13.30 Dec/14   14.02 14.07 14.23 14.4 15.34
Zimbabwe 11.30 Dec/14   11.45 11.55 11.58 11.61 11.98