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 Q2/17 Q3/17 Q4/17 Q1/18 2020
United States 4.40 Apr/17   4.7 4.8 4.8 4.9 6
Euro Area 9.50 Mar/17   9.4 9.4 9.3 9.3 7.7
China 3.97 Mar/17   4 4.1 4.1 4.2 5
Japan 2.80 Apr/17   3 3.2 3.3 3.2 3.8
Germany 3.90 Mar/17   4 4 4.1 4.2 5.1
United Kingdom 4.60 Mar/17   4.7 4.8 4.8 4.8 5.1
France 9.60 Mar/17 9.6 9.5 9.5 9.4 8.2
India 4.90 Dec/13   4.8 4.8 4.7 4.8 4.6
Italy 11.70 Mar/17   11.5 11.1 10.9 10.5 9
Brazil 13.70 Mar/17 13.7 14 14.1 13.8 10.6
Canada 6.50 Apr/17   6.4 6.5 6.6 6.7 6.7
South Korea 4.00 Apr/17   3.6 3.9 3.6 3.8 4.1
Australia 5.70 Apr/17 5.7 5.8 5.8 5.8 5.6
Russia 5.30 Apr/17   5.2 5.2 5.5 5.6 5.8
Spain 18.75 Mar/17   18.5 18.2 17.9 18.2 14.9
Mexico 3.50 Apr/17   4.21 4.32 3.8 4.2 4.2
Indonesia 5.33 Mar/17   5.3 5.5 5.5 5.4 6
Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Afghanistan 40.00 Dec/15   35 35 35 30 18
Albania 14.50 Dec/16   13.8 13.6 13.2 13 11.5
Algeria 10.50 Sep/16   11.9 12.28 11.9 12.41 12.56
Angola 26.00 Dec/14 26 25.6 25.16 25.29 25
Argentina 7.60 Dec/16   10.1 10.2 10.2 7.76 9
Armenia 17.40 Dec/16   18.2 17.7 18.4 17.7 15.6
Australia 5.70 Apr/17 5.7 5.8 5.8 5.8 5.6
Austria 8.60 Apr/17   7.9 8.1 10 8.8 9.2
Azerbaijan 5.10 Dec/16   6 5.8 5.8 5.4 5
Bahamas 14.80 Dec/15   15.9 15.9 15.9 16.2 15.5
Bahrain 3.70 Dec/12   4 4 4 4.1 4.5
Bangladesh 4.30 Dec/14 4.3 4.3 4.3 4.5 4.8
Barbados 10.20 Sep/16   10.9 11 10.8 10.7 8.5
Belarus 0.90 Feb/17   1.2 1.2 1.2 1.2 1.1
Belgium 6.90 Mar/17   6.8 6.5 6.4 6.3 5.5
Belize 10.10 Dec/15   9.7 9.7 9.7 9.6 9.4
Benin 1.00 Dec/13 1 1.12 1.24 1.25 1
Bhutan 2.50 Dec/16   2.4 2.4 2.4 2.6 3
Bolivia 7.40 Dec/13 7.4 7.3 7.3 7.7 8.5
Bosnia and Herzegovina 40.06 Mar/17   39.7 39.4 38.8 38.4 36
Botswana 20.00 Dec/13   22 19.98 20.15 20.17 19.9
Brazil 13.70 Mar/17 13.7 14 14.1 13.8 10.6
Brunei 6.90 Dec/14   6.3 6.2 6 5.7 5.8
Bulgaria 8.00 Mar/17   8.1 7.4 9.4 8 8.4
Burkina Faso 6.60 Dec/14   6.95 7.15 7.35 7.45 7.57
Burundi 7.70 Dec/12   6.1 3.89 5.88 1.86 6.72
Cambodia 0.30 Dec/16   0.5 0.5 0.5 0.6 0.7
Cameroon 4.00 Dec/13   4.82 4.32 4.3 4.28 5.23
Canada 6.50 Apr/17   6.4 6.5 6.6 6.7 6.7
Cape Verde 15.00 Dec/16   14.9 15.24 15.92 16.07 13.8
Cayman Islands 5.60 Dec/15   5.3 5.3 5.3 4.8 4.5
Central African Republic 7.60 Dec/12   7.1 7.07 6.65 6.56 6.99
Chad 5.60 Dec/13   7 8.32 8.44 8.44 11.08
Chile 6.60 Mar/17   6.7 6.8 6.4 6.6 6.9
China 3.97 Mar/17   4 4.1 4.1 4.2 5
Colombia 9.70 Mar/17   8.8 8.5 8.5 9 8.3
Comoros 7.00 Dec/12   6.6 6.46 6.26 6.09 5.8
Congo 46.10 Dec/13   43.86 47.82 48.78 49.02 36
Costa Rica 9.10 Mar/17   9.46 9.46 9.53 9.8 9.3
Croatia 13.20 Apr/17   14.7 13.5 12.4 12.2 11.1
Cuba 2.40 Dec/15   2.3 2.3 2.3 1.9 2.1
Cyprus 12.50 Mar/17   11.4 11.2 11 10.7 9.1
Czech Republic 4.40 Apr/17   4.7 4.7 4.5 4.5 5
Denmark 4.30 Mar/17   4.4 4.5 4.5 4.6 5
Djibouti 54.00 Dec/10   46.5 53.4 53.24 53.03 42.7
Dominican Republic 13.30 Sep/16   13.7 13.7 13.7 13.9 13.5
East Timor 4.00 Dec/16   12 12 12 10 10
Ecuador 5.20 Dec/16   6.6 6.8 5.7 5.8 6.2
Egypt 12.00 Mar/17   12.4 12.3 12.3 12.5 11.7
El Salvador 7.00 Dec/15   7.3 7.3 7.3 7.4 7
Equatorial Guinea 22.30 Dec/09   19.7 22.48 22.56 22.62 18
Eritrea 14.50 Dec/84   7 14.5 14.5 14.5 6.5
Estonia 5.60 Mar/17   6.3 6.7 6.4 6.5 5.5
Ethiopia 16.80 Dec/15   16.38 16.2 16.02 15.85 13.8
Euro Area 9.50 Mar/17   9.4 9.4 9.3 9.3 7.7
European Union 8.00 Mar/17   7.9 7.8 7.6 7.5 6.2
Fiji 7.90 Dec/16   7.5 7.5 7.5 8.32 7.4
Finland 10.20 Apr/17   9.1 7.4 7.8 9.9 7.1
France 9.60 Mar/17 9.6 9.5 9.5 9.4 8.2
Gabon 20.30 Dec/13   21 21.38 21.76 22 24.25
Gambia 29.80 Dec/13   37.04 37.68 38.33 41.33 15
Georgia 11.80 Dec/16   10.8 10.8 10.8 10.5 10
Germany 3.90 Mar/17   4 4 4.1 4.2 5.1
Ghana 5.20 Dec/13   8.9 8.9 8.9 4.72 10
Greece 23.20 Feb/17   22.5 22.2 21.9 21.7 19.8
Guatemala 3.10 Jun/16 3.1 3.1 3 2.7 3.4
Guinea 1.70 Dec/13   7 1.99 1.77 1.7 6.5
Guinea Bissau 7.60 Dec/13   7.9 8.68 9.09 9.33 6.5
Guyana 21.00 Dec/11   20 20 20 21.3 19
Haiti 6.80 Dec/14   7.1 7.1 7.1 7.2 6.9
Honduras 7.30 Dec/15   7 7 7 7.2 7.5
Hong Kong 3.20 Apr/17   3.3 3.3 3.4 3.4 3.9
Hungary 4.60 Apr/17   4.4 4.3 4.2 4.3 5
Iceland 2.30 Apr/17   3.6 3 2.8 3.2 4
India 4.90 Dec/13   4.8 4.8 4.7 4.8 4.6
Indonesia 5.33 Mar/17   5.3 5.5 5.5 5.4 6
Iran 12.70 Sep/16   11.1 10.3 10 10.8 9.5
Iraq 16.00 Dec/16   17.4 17.5 17.2 16.9 16.5
Ireland 6.40 May/17   6.1 5.7 5.6 5.5 5.4
Israel 4.40 Apr/17   4.8 4.8 5.1 4.52 5.5
Italy 11.70 Mar/17   11.5 11.1 10.9 10.5 9
Ivory Coast 5.30 Dec/13   10.3 4.18 3.73 3.48 7.85
Jamaica 12.90 Sep/16   12.8 12.6 12.7 12.5 12
Japan 2.80 Apr/17   3 3.2 3.3 3.2 3.8
Jordan 15.80 Dec/16   14.6 14.7 14.3 15.56 12.5
Kazakhstan 4.90 Apr/17   5 5.1 5.1 5.1 5.3
Kenya 40.00 Dec/11   25 42.78 44.05 44.7 24
Kosovo 32.90 Dec/15   31.4 31.2 30.8 30.6 27.5
Kuwait 2.20 Dec/15   2.6 2.6 2.6 2.7 3
Kyrgyzstan 2.30 Mar/17   2.4 2.4 2.5 2.4 2.9
Laos 1.50 Dec/16 1.5 1.5 1.5 1.5 1.7
Latvia 9.40 Mar/17   9.9 9.4 9.6 10 8.7
Lebanon 6.80 Dec/16 6.8 6.8 6.8 6.7 6.7
Lesotho 25.30 Dec/08   19.8 25.2 25.14 25.12 19.5
Liberia 3.80 Dec/14   3.9 3.84 3.91 3.94 4
Libya 19.50 Dec/11   18.33 17.74 17.16 16.57 20.2
Liechtenstein 2.40 Dec/15   2.7 2.7 2.7 2.47 2.4
Lithuania 7.90 Apr/17   7.5 7.3 8.6 9.1 7.2
Luxembourg 6.00 Apr/17 6 5.9 5.9 5.8 5.2
Macau 2.00 Apr/17   2.1 2.1 2.1 2.2 2.5
Macedonia 23.10 Dec/16   22.6 22.2 22 21.7 16.5
Madagascar 1.20 Dec/12   1.72 1.72 1.72 1.72 2
Malawi 6.60 Dec/13   6.44 6.41 6.38 6.09 3.78
Malaysia 3.40 Mar/17   3.5 3.6 3.8 3.7 4.1
Maldives 3.20 Dec/16   12 12 12 11.7 11.1
Mali 8.20 Dec/14   9.38 7.51 6.38 6.03 8.5
Malta 4.20 Dec/16   4.8 5 5.1 5 4.5
Mauritania 12.85 Dec/14   14.7 10.15 9.05 8.81 12.8
Mauritius 6.60 Dec/16   7.5 7.3 6.9 5.57 6.5
Mexico 3.50 Apr/17   4.21 4.32 3.8 4.2 4.2
Moldova 3.80 Dec/16   4.2 3 4 6.2 4.5
Mongolia 9.10 Mar/17   11 10 10.2 8.9 8.7
Montenegro 22.78 Apr/17   19.5 19.2 18.7 18.5 15.5
Morocco 10.70 Mar/17   9.2 9.7 9.37 10.34 9
Mozambique 17.00 Dec/07   14.8 17.85 17.85 17.85 13.4
Myanmar 4.02 Dec/13   4 4 4 4 4.2
Namibia 34.00 Dec/16   33.94 34.7 35.47 35.66 36.86
Nepal 3.20 Dec/16   3.3 3.3 3.3 3.5 3.8
Netherlands 5.10 Apr/17   5.2 5.1 5 5.1 5.6
New Caledonia 14.90 Dec/16   14.4 14.4 14.4 14.9 13.8
New Zealand 4.90 Mar/17   5.1 5 4.9 5 5.2
Nicaragua 6.80 Dec/14   6.3 6.5 6.8 6.6 7
Niger 2.25 Dec/08   6 6 6 6 5.5
Nigeria 13.90 Sep/16   14.1 14.3 13.8 8.25 12.4
North Korea 4.30 Dec/16   4.2 4.2 4.2 4.2 4.4
Norway 4.50 Mar/17   4.4 4.5 4.3 4.2 4.7
Oman 17.50 Dec/16   7.5 7.5 7.5 7.6 7.8
Pakistan 5.90 Dec/15   6.1 6.1 6.1 6 5.7
Palestine 27.00 Mar/17   24.3 27.8 27.1 26.97 24.9
Panama 5.60 Dec/16   5.3 5.3 5.3 5.6 5.4
Papua New Guinea 2.50 Dec/16   2.6 2.6 2.6 2.52 2.5
Paraguay 7.40 Dec/16   8.9 8.8 8.6 8.5 7.4
Peru 6.80 Apr/17   6.6 6.4 6.6 6.9 7.1
Philippines 6.60 Mar/17   6.4 6.2 6 6.4 6.3
Poland 7.70 Apr/17   7.4 7.1 7.7 7.5 6.8
Portugal 10.10 Mar/17   10.4 10.2 10.2 10.7 9
Puerto Rico 11.50 Apr/17   12.4 12.5 12.5 12.6 12.2
Qatar 0.20 Sep/16   0.8 0.8 0.8 1 1.2
Republic of the Congo 26.60 Dec/10 26.6 26.6 26.6 26.6 23.5
Romania 5.30 Mar/17 5.3 5.2 5.2 5.1 5.4
Russia 5.30 Apr/17   5.2 5.2 5.5 5.6 5.8
Rwanda 13.20 Feb/16   14.1 14.69 15.28 15.71 19.12
Sao Tome and Principe 13.60 Dec/12   14.05 14.03 14.01 14.18 15.26
Saudi Arabia 5.60 Dec/16   5.8 5.9 5.9 5.9 5.9
Senegal 16.60 Dec/16   13 16.54 16.53 16.52 16.51
Serbia 13.00 Dec/16   12.4 12 11.7 11.5 10.5
Seychelles 4.50 Dec/16   5.08 3.84 4.01 3.41 6
Sierra Leone 3.30 Dec/14   3.4 3.32 3.3 3.3 3.3
Singapore 2.30 Mar/17 2.3 2.4 2.4 2.5 3.1
Slovakia 7.70 Apr/17   7.4 7.1 6.7 6.5 5.5
Slovenia 10.20 Mar/17   10.4 10.1 9.8 10.5 8.5
South Africa 26.50 Dec/16   25.7 25 24.5 28.07 21
South Korea 4.00 Apr/17   3.6 3.9 3.6 3.8 4.1
South Sudan 12.00 Dec/08 12 12 12 12 12
Spain 18.75 Mar/17   18.5 18.2 17.9 18.2 14.9
Sri Lanka 4.20 Dec/16   4.9 4.8 4.6 4.3 4.6
Sudan 19.50 Dec/14   19.85 20.16 20.46 20.65 22.93
Suriname 8.90 Dec/15   8.71 8.72 8.74 8.5 7.32
Swaziland 6.70 Dec/13   7.54 8.16 8.77 9.17 10.56
Sweden 7.20 Apr/17 7.2 6.4 6.3 7.1 5.8
Switzerland 3.30 Apr/17   3.1 3.2 3.4 3.5 3.5
Syria 14.90 Dec/12   28 28 28 25 22
Taiwan 3.78 Apr/17   3.87 3.85 3.91 3.85 4.15
Tajikistan 2.50 Feb/17 2.5 2.4 2.6 2.7 2.7
Tanzania 10.30 Dec/14   10.15 10.11 10.07 10.02 9.05
Thailand 1.20 Apr/17   1.3 1.1 1.4 1.5 2.2
Togo 7.10 Dec/14   7.9 7.01 7.01 7.03 7.02
Trinidad and Tobago 4.40 Jun/16   3.9 4 3.9 3.7 4
Tunisia 15.30 Mar/17   14.96 14.98 14.9 14.98 15.03
Turkey 12.60 Feb/17   10.4 11.7 12.4 11.8 13
Turkmenistan 10.00 Dec/15   10.9 10.8 10.8 10.7 10.5
Uganda 3.80 Dec/13   4.55 3.72 3.55 3.53 3.36
Ukraine 10.00 Dec/16   9.7 9.5 9.8 10 8.2
United Arab Emirates 3.69 Dec/16   4.6 4.6 4.6 4.8 4.9
United Kingdom 4.60 Mar/17   4.7 4.8 4.8 4.8 5.1
United States 4.40 Apr/17   4.7 4.8 4.8 4.9 6
Uruguay 9.00 Mar/17   7.5 8.3 8.4 8.1 8.7
Uzbekistan 8.90 Dec/16   11.5 11.5 11.5 11 10.5
Venezuela 7.30 Apr/16   9.5 10 12 13 13.6
Vietnam 2.09 Mar/17   2.15 2.2 2.2 2.3 2.6
Yemen 29.00 Dec/11   35 35 35 31 25
Zambia 13.30 Dec/14   13.98 14.02 14.07 14.23 15.34
Zimbabwe 11.30 Dec/14   11.35 11.45 11.55 11.58 11.98