Unemployment Rate | Forecast | 2017-2020

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 Q4/17 Q1/18 Q2/18 Q3/18 2020
United States 4.20 Sep/17   4.4 4.5 4.6 4.8 6
Euro Area 9.10 Aug/17   8.8 8.7 8.6 8.5 7.4
China 3.95 Jun/17   4.1 4.2 4.2 4.3 5
Japan 2.80 Aug/17   3 3.2 3.2 3.3 3.8
Germany 3.60 Aug/17   3.8 3.8 3.9 4 5.1
United Kingdom 4.30 Aug/17   4.5 4.6 4.6 4.7 5.1
France 9.50 Jun/17 9.5 9.4 9.3 9.2 8.2
India 3.46 Dec/16   4.7 4.8 4.8 4.8 4.6
Italy 11.20 Aug/17   10.5 10.2 9.9 9.6 8
Brazil 12.60 Aug/17   12.1 11.8 11.4 11.2 9.8
Canada 6.20 Sep/17   6.4 6.4 6.5 6.4 6.7
South Korea 3.70 Sep/17   3.6 3.8 3.7 3.8 4.1
Russia 5.00 Sep/17   4.8 5 5.2 5.4 5.8
Spain 17.22 Jun/17   16.4 16.2 16 15.8 13.2
Australia 5.50 Sep/17 5.5 5.4 5.6 5.6 5.6
Mexico 3.60 Sep/17   3.7 3.8 4 3.9 4.2
Indonesia 5.33 Mar/17   5.5 5.4 5.4 5.3 6
Turkey 10.70 Jul/17   12.4 11.8 10.7 12 13
Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Afghanistan 8.50 Dec/16   9 8.5 8.5 8.52 10
Albania 14.30 Jun/17   13.8 13.6 13.2 13 11.5
Algeria 12.30 Apr/17   11.9 13.8 14.2 14.5 12.56
Angola 26.00 Dec/14   26.4 26.62 26.85 27.07 25
Argentina 8.70 Jun/17   10.2 10.1 10 9.5 9
Armenia 17.80 Jun/17   16.5 17 16.8 16.8 15.6
Australia 5.50 Sep/17 5.5 5.4 5.6 5.6 5.6
Austria 7.50 Sep/17   10 8.8 7.7 7.9 9.2
Azerbaijan 5.10 Dec/16   5.8 5.5 5.5 5.72 5
Bahamas 12.70 Dec/16   15.9 13 13 13 14
Bahrain 4.00 Dec/16 4 4.1 4.1 5 4.5
Bangladesh 4.10 Dec/16   4.3 4.5 4.5 3.9 4.8
Barbados 10.20 Sep/16   10.8 10.7 10.7 10.1 8.5
Belarus 0.90 Feb/17   1.2 1 1 1 1.1
Belgium 7.30 Aug/17   6.8 6.6 6.4 6.2 5.2
Belize 8.00 Dec/16   9.7 7 7 7 9
Benin 1.00 Dec/16 1 1 1 1 1
Bhutan 2.50 Dec/16   2.4 2.6 2.6 2.3 3
Bolivia 3.71 Dec/16   7.3 7.7 7.7 4.17 8.5
Bosnia and Herzegovina 39.40 Aug/17   39 38.8 38.4 38.2 30
Botswana 17.60 Dec/16   18.1 18 17.9 17.8 17.9
Brazil 12.60 Aug/17   12.1 11.8 11.4 11.2 9.8
Brunei 2.00 Dec/16   6 5.7 5.7 2.17 5.8
Bulgaria 6.65 Aug/17   8.4 8 7.9 7.2 7.5
Burkina Faso 2.98 Dec/16   3 2.97 2.95 2.92 7.57
Burundi 7.70 Dec/12   10 12 12 12 11
Cambodia 0.30 Dec/16   0.5 0.6 0.6 0.65 0.7
Cameroon 4.51 Dec/16   4.7 4.7 4.7 4.7 5.23
Canada 6.20 Sep/17   6.4 6.4 6.5 6.4 6.7
Cape Verde 15.00 Dec/16   15.9 16.05 16.2 16.35 13.8
Cayman Islands 4.20 Dec/16   5.3 4.8 4.8 4.5 4.5
Central African Republic 6.87 Dec/16   6.8 6.77 6.75 6.72 6.7
Chad 5.78 Dec/16   7 8.5 8.5 8.6 9
Chile 6.60 Aug/17   6.7 6.6 6.4 7.1 6.9
China 3.95 Jun/17   4.1 4.2 4.2 4.3 5
Colombia 9.10 Aug/17   9.7 9.4 9.6 10.2 9.4
Comoros 19.96 Dec/16   19.9 19.95 20 20.05 5.8
Congo 46.10 Dec/13   48.78 49.02 49.26 49.5 36
Costa Rica 8.50 Jun/17   9.2 9.8 9.8 9.7 9.3
Croatia 10.80 Sep/17   10.2 10 9.8 9.6 8.7
Cuba 2.00 Dec/16   2.3 1.9 1.9 1.87 2.1
Cyprus 10.70 Aug/17   10 9.8 9.5 9.2 7.5
Czech Republic 3.80 Sep/17   3.9 3.9 3.9 4 5
Denmark 4.40 Aug/17 4.4 4.5 4.5 4.6 5
Dominican Republic 13.30 Sep/16   13.7 13.9 13.9 14.2 13.5
East Timor 4.00 Dec/16   5 4 4 4.97 7
Ecuador 5.80 Jun/17   5.7 5.8 5.8 6.2 6.2
Egypt 11.98 Jun/17   12 11.6 11.8 11.6 11
El Salvador 7.00 Dec/16   7.3 7.4 7.4 6.65 7
Equatorial Guinea 7.33 Dec/16   7.3 7.3 7.3 7.3 18
Eritrea 7.27 Dec/16   7.3 7.32 7.35 7.37 6.5
Estonia 7.00 Jun/17   6.2 5.9 6.6 6.9 5.5
Ethiopia 16.80 Dec/15   16.7 16.72 16.75 16.77 17.5
Euro Area 9.10 Aug/17   8.8 8.7 8.6 8.5 7.4
European Union 7.60 Aug/17 7.6 7.5 7.4 7.3 6.2
Fiji 7.90 Dec/16   7.5 7.3 7.3 7.55 7.4
Finland 8.00 Sep/17   7.8 9.9 9 7.2 7.1
France 9.50 Jun/17 9.5 9.4 9.3 9.2 8.2
Gabon 18.50 Dec/16   18.2 18.17 18.15 18.12 18.3
Gambia 29.69 Dec/16   29.6 29.62 29.65 29.67 15
Georgia 11.80 Dec/16   11.2 10.9 10.9 11.4 10
Germany 3.60 Aug/17   3.8 3.8 3.9 4 5.1
Ghana 5.77 Dec/16   8.9 8.9 8.9 6.45 10
Greece 21.00 Jul/17   20.3 20 19.7 19.5 16.5
Guatemala 3.10 Jun/16   3 2.7 2.7 3.1 3.4
Guinea 6.85 Dec/16   6.8 6.8 6.8 6.8 6.5
Guinea Bissau 6.53 Dec/16   6.6 6.6 6.6 6.6 6.5
Guyana 11.40 Dec/16   20 21.3 21.3 20.88 19
Haiti 13.19 Dec/16   7.1 7.2 7.2 13.35 6.9
Honduras 7.40 Dec/16   7 7.2 7.2 7 7.5
Hong Kong 3.10 Sep/17   3.4 3.4 3.4 3.2 3.9
Hungary 4.20 Aug/17 4.2 4.3 4.4 4.4 5
Iceland 2.70 Aug/17   2.8 3.2 3.4 2.9 4
India 3.46 Dec/16   4.7 4.8 4.8 4.8 4.6
Indonesia 5.33 Mar/17   5.5 5.4 5.4 5.3 6
Iran 12.60 Jun/17   12.4 11.8 12 12.5 10.8
Iraq 16.00 Dec/16   17.4 16.9 16.9 17.42 16.5
Ireland 6.10 Sep/17   5.9 5.7 5.5 5.4 5
Israel 4.10 Aug/17   4.7 4.5 4.6 4.3 5.5
Italy 11.20 Aug/17   10.5 10.2 9.9 9.6 8
Ivory Coast 9.32 Dec/16   9.3 9.27 9.25 9.22 7.85
Jamaica 12.20 Jun/17   12.7 12.5 12.5 12.4 12
Japan 2.80 Aug/17   3 3.2 3.2 3.3 3.8
Jordan 18.00 Jun/17   17.5 17.3 17 16.7 15.9
Kazakhstan 4.90 Sep/17   5.1 5.1 5.1 5 5.3
Kenya 11.00 Dec/16   10.9 10.9 10.9 10.9 24
Kosovo 27.50 Dec/16   26.4 25.2 25.2 25.2 24
Kuwait 2.40 Dec/16   2.6 2.7 2.7 2.1 3
Kyrgyzstan 2.40 Apr/17   2.5 2.4 2.5 2.4 2.9
Laos 1.50 Dec/16 1.5 1.5 1.5 1.57 1.7
Latvia 8.90 Jun/17   9 9.3 9 8.8 8.2
Lebanon 6.80 Dec/16 6.8 6.7 6.7 6.97 6.7
Lesotho 27.42 Dec/16   26.2 26.27 26.35 26.42 19.5
Liberia 4.00 Dec/16   4.3 4.37 4.45 4.52 4
Libya 19.22 Dec/16   19.2 19.2 19.2 19.2 19.2
Liechtenstein 2.30 Dec/16   2.4 2.5 2.5 2.5 2.4
Lithuania 7.40 Sep/17   8.6 8.2 7.3 7.1 7.2
Luxembourg 6.00 Sep/17   5.9 5.8 5.8 5.7 5.2
Macau 2.00 Aug/17   2.1 2.2 2.3 2.2 2.5
Macedonia 22.60 Jun/17   22 21.7 21.5 21.9 16.5
Madagascar 2.13 Dec/16   2.1 2.2 2.3 2.5 3.1
Malawi 6.74 Dec/16   6.7 6.8 6.8 6.8 7.2
Malaysia 3.40 Aug/17   3.5 3.4 3.4 3.5 4.1
Maldives 3.20 Dec/16   4 5 5 3.87 6
Mali 8.10 Dec/16   8.5 8.45 8.4 8.35 8.5
Malta 4.10 Jun/17   4 4 4.1 4 4.5
Mauritania 11.66 Dec/16   12.8 13 13.2 13.4 12.8
Mauritius 7.20 Jun/17   6.9 6 6.4 7.3 6.5
Mexico 3.60 Sep/17   3.7 3.8 4 3.9 4.2
Moldova 3.50 Jun/17   4 6.2 4.1 3.2 4.5
Mongolia 9.60 Jun/17   9.3 8.8 8.9 8.7 7.3
Montenegro 21.01 Sep/17   20.2 19.7 19.4 19 16.5
Morocco 9.30 Jun/17   9.5 10.2 9.7 9.8 9
Mozambique 24.37 Dec/16   24.2 24 23.8 23.6 13.4
Myanmar 4.10 Dec/14   4 4 4 4.1 4.2
Namibia 34.00 Dec/16   31.9 30.5 29.7 29 25.5
Nepal 3.20 Dec/16   3.3 3.5 3.5 3.02 3.8
Netherlands 4.70 Sep/17   4.6 4.6 4.5 4.6 5.4
New Caledonia 14.90 Dec/16   14.4 15.4 14.9 15.6 13.8
New Zealand 4.80 Jun/17   4.9 5 5 4.8 5.2
Nicaragua 5.90 Dec/16   6.8 6.6 6.6 6.65 7
Niger 2.63 Dec/16   2.6 2.7 2.7 2.7 4.1
Nigeria 14.20 Dec/16   14.4 14.2 14 13.9 13.4
North Korea 4.30 Dec/16   4.2 4.2 4.2 4.4 4.4
Norway 4.20 Jul/17 4.2 4.1 4.1 4.1 4
Oman 17.50 Dec/16   19 20 20 17.6 16
Pakistan 5.90 Dec/16   6.1 6 6 5.72 5.7
Palestine 29.00 Jun/17   27 26.9 26.4 25.6 24.9
Panama 5.60 Dec/16   5.3 5.6 5.6 6.57 5.4
Papua New Guinea 2.50 Dec/16   2.6 2.5 2.5 2.5 2.5
Paraguay 8.90 Jun/17   8.6 8.5 8.5 7.5 7.4
Peru 6.40 Sep/17   6.6 6.9 6.9 7.5 7.1
Philippines 5.60 Sep/17   6 6.4 6.5 5.8 6.3
Poland 6.80 Sep/17   7.7 7.5 7.3 7 6.8
Portugal 8.80 Jun/17   8.9 9.5 9.1 8.2 7.5
Puerto Rico 11.70 Aug/17   12.5 12.7 12.8 12.8 13.3
Qatar 0.10 Jun/17   0.8 1 1 0.5 1.2
Republic of the Congo 11.19 Dec/16   12.1 12.17 12.25 12.32 23.5
Romania 5.10 Aug/17   5.2 5.1 5 5.1 5.4
Russia 5.00 Sep/17   4.8 5 5.2 5.4 5.8
Rwanda 16.70 Feb/17   15.6 17.75 18.82 19.9 25.6
Sao Tome and Principe 13.60 Dec/16   13.2 13.17 13.15 13.12 13.1
Saudi Arabia 6.00 Jun/17   5.9 5.9 6 6 5.9
Senegal 12.50 Jun/17   20.2 12.5 8.6 17.4 9.5
Serbia 11.80 Jun/17   11.7 12.2 11.5 11.6 9.6
Seychelles 4.50 Dec/16   4 3.4 3.4 3.4 3.1
Sierra Leone 3.00 Dec/16   3.1 3.1 3.1 3.1 3.1
Singapore 2.20 Jun/17   2.3 2.4 2.4 2.4 3.1
Slovakia 6.40 Sep/17   6.1 5.8 5.6 5.4 5.1
Slovenia 9.00 Aug/17   8.8 8.7 8.6 8.5 7.2
South Africa 27.70 Jun/17   27.5 28 27.8 27.2 24
South Korea 3.70 Sep/17   3.6 3.8 3.7 3.8 4.1
Spain 17.22 Jun/17   16.4 16.2 16 15.8 13.2
Sri Lanka 4.50 Jun/17   4.6 4.3 5 4.4 4.6
Sudan 13.30 Dec/16   13.4 13.4 13.4 13.4 13.6
Suriname 9.90 Dec/16   9.8 9.8 9.8 9.8 9.7
Swaziland 25.28 Dec/16   25 24.9 24.8 24.7 24.4
Sweden 6.20 Sep/17   6.6 7.1 7 5.9 5.8
Switzerland 3.00 Sep/17   3.4 3.5 3 3.2 3.5
Syria 14.30 Dec/16   28 25 25 25 22
Taiwan 3.71 Sep/17   3.81 3.85 3.9 3.92 4.15
Tajikistan 2.20 Aug/17   2.6 2.7 2.6 2.3 2.7
Tanzania 10.30 Dec/14   10.2 10.2 10.2 10.2 10.3
Thailand 1.10 Aug/17   1.4 1.5 1.6 1.3 2.2
Togo 6.79 Dec/16   7 7 7 7 7
Trinidad and Tobago 3.60 Dec/16   3.9 3.7 3.7 3.9 4
Tunisia 15.30 Jun/17   15.2 15.1 15 14.9 14.6
Turkey 10.70 Jul/17   12.4 11.8 10.7 12 13
Turkmenistan 8.62 Dec/16   10.8 10.7 10.7 8.77 10.5
Uganda 2.28 Dec/16   2.4 2.4 2.4 2.4 2.4
Ukraine 9.10 Jun/17   9.8 10 9.6 9.4 8.2
United Arab Emirates 3.69 Dec/16   4.6 4.8 4.8 3.45 4.9
United Kingdom 4.30 Aug/17   4.5 4.6 4.6 4.7 5.1
United States 4.20 Sep/17   4.4 4.5 4.6 4.8 6
Uruguay 7.82 Aug/17   8.4 8.1 8.1 7.9 8.7
Uzbekistan 8.90 Dec/16   8.7 8.5 8.5 9 7.9
Venezuela 7.30 Apr/16   25 30 30 8.5 20
Vietnam 2.09 Mar/17   2.2 2.3 2.3 2.3 2.6
Yemen 17.10 Dec/16   18 17 17 16.55 15
Zambia 7.53 Dec/16   8.4 8.62 8.85 9.07 10.6
Zimbabwe 5.09 Dec/16   5.2 5.22 5.25 5.27 5.4