Unemployment Rate in Malawi increased at 6.0 percent in 2020 from 5.60 percent in 2019. source: International Labour Organization (ILO)

Unemployment Rate in Malawi averaged 7.02 percent from 1991 until 2019, reaching an all time high of 7.80 percent in 2003 and a record low of 5.40 percent in 2018. This page provides - Malawi Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malawi Unemployment Rate - values, historical data and charts - was last updated on June of 2022.

Unemployment Rate in Malawi is expected to reach 6.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Unemployment Rate is projected to trend around 5.80 percent in 2022 and 5.70 percent in 2023, according to our econometric models.

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Malawi Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 6.00 5.60 percent Dec 2020

Malawi Unemployment Rate
In Malawi, the unemployment rate is based on the strict ILO definition, which is much lower than the unemployment rate obtained using the broad definition (20.4 percent).
Actual Previous Highest Lowest Dates Unit Frequency
6.00 5.60 7.80 5.60 1991 - 2020 percent Yearly