Unemployment Rate - Forecast - 2018-2020

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 Q3/18 Q4/18 Q1/19 Q2/19
United States 3.90 Aug/18 3.9 3.9 3.8 3.8
Euro Area 8.20 Jul/18 8.1 7.9 7.7 7.5
China 3.83 Jun/18 3.8 4 4 4.2
Japan 2.50 Jul/18 2.3 2.3 2.4 2.3
Germany 3.40 Jul/18 3.4 3.4 3.5 3.6
United Kingdom 4.00 Jul/18 4.1 4.2 4.4 4.5
India 3.52 Dec/17 3.5 3.5 3.6 3.6
France 9.10 Jun/18 8.8 8.6 8.5 8.1
Brazil 12.30 Jul/18 12.2 12 11.9 11.7
Italy 10.40 Jul/18 10.5 10.3 10.1 9.9
Canada 6.00 Aug/18 6 5.9 6 6.1
Russia 4.60 Aug/18 4.4 4.3 4.2 4.4
South Korea 4.20 Aug/18 3.8 3.8 3.9 3.8
Australia 5.30 Aug/18 5.4 5.5 5.5 5.6
Spain 15.30 Jun/18 15.1 15.1 14.9 14.7
Mexico 3.50 Jul/18 3.6 3.2 3.2 3.4
Indonesia 5.13 Mar/18 5 5 4.9 4.9
Turkey 10.20 Jun/18 11.1 11.5 11.7 11.9
Netherlands 3.90 Aug/18 3.8 4.2 4.4 4.5
Last Q3/18 Q4/18 Q1/19 Q2/19
Afghanistan 8.80 Dec/17 8.9 8.9 8.9 8.9
Albania 12.90 Jun/18 13 13 12.7 12.5
Algeria 11.10 Apr/18 12 12 12 10.8
Angola 20.00 Dec/17 20 20 20 20
Argentina 9.10 Mar/18 9.6 9.8 9.9 9.8
Armenia 17.60 Mar/18 17 16.9 16.9 17
Australia 5.30 Aug/18 5.4 5.5 5.5 5.6
Austria 7.00 Aug/18 7 7.4 7 7.3
Azerbaijan 5.00 Dec/17 5 5 5 5
Bahamas 10.10 Dec/17 12 12 12.75 11
Bahrain 4.00 Dec/16 4.1 4.1 4.3 4.3
Bangladesh 4.20 Dec/17 4.5 4.5 4.6 4.6
Barbados 8.20 Dec/17 9.2 10.2 10.2 9.8
Belarus 0.40 Aug/18 1 1 1 0.5
Belgium 6.20 Jul/18 6.2 6 6.2 6
Belize 9.00 Dec/17 7 7 6 6
Benin 2.50 Dec/17 2.5 2.5 2.5 2.5
Bhutan 2.50 Dec/17 2.4 2.4 2.4 2.4
Bolivia 3.10 Dec/17 3 3 3 3
Bosnia and Herzegovina 35.73 Jun/18 37.5 37 36 36
Botswana 18.10 Dec/17 17.6 17.4 17.37 17.35
Brazil 12.30 Jul/18 12.2 12 11.9 11.7
Brunei 7.10 Dec/17 7 7 6.5 6.5
Bulgaria 5.70 Jul/18 7.2 7 7 6
Burkina Faso 6.30 Dec/17 6 6 6 6
Burundi 7.70 Dec/12 12 12 12 11
Cambodia 0.30 Dec/17 0.3 0.3 0.2 0.2
Cameroon 4.20 Dec/17 4.3 4.3 4.3 4.3
Canada 6.00 Aug/18 6 5.9 6 6.1
Cape Verde 12.20 Dec/17 13 13 12.5 12.5
Cayman Islands 4.90 Dec/17 4.9 5.2 5.3 5.15
Central African Republic 6.00 Dec/17 6 6 6 6
Chad 5.89 Dec/17 6.5 6.5 6 5.8
Chile 7.30 Jul/18 7.4 7.3 7 6.8
China 3.83 Jun/18 3.8 4 4 4.2
Colombia 9.70 Jul/18 9.7 9.6 9.4 9.4
Comoros 4.30 Dec/17 4.2 4.2 4.2 4.2
Congo 46.10 Dec/13 40 40 38 38
Costa Rica 8.70 Jun/18 9.2 9 8.8 9.3
Croatia 8.60 Jul/18 8.4 8.7 8.6 8.5
Cuba 2.50 Dec/17 2.5 2.5 2.5 2.5
Cyprus 7.70 Jul/18 8.2 7.7 7.4 7.2
Czech Republic 3.10 Aug/18 2.6 2.4 2.4 2.5
Denmark 3.90 Jul/18 3.8 4 4.5 4.6
Dominican Republic 5.30 Mar/18 4.8 5.2 5 4.8
East Timor 3.40 Dec/17 3.5 3.5 3.5 3.5
Ecuador 5.20 Jun/18 5.1 5.8 5.6 5.7
Egypt 9.90 Jun/18 9.5 9.1 9.1 8.5
El Salvador 7.00 Dec/17 6.72 6.8 6.82 6.85
Equatorial Guinea 6.90 Dec/17 7 7 7 7
Eritrea 6.40 Dec/17 6.2 6.2 6.2 6.2
Estonia 5.10 Jun/18 6.9 6 7.2 7.1
Ethiopia 16.80 Dec/15 15 15 14.5 14.5
Euro Area 8.20 Jul/18 8.1 7.9 7.7 7.5
European Union 6.80 Jul/18 6.6 6.2 6 5.9
Faroe Islands 1.80 Jun/18 1.7 1.6 1.4 1.3
Fiji 6.31 Dec/17 6.25 7.3 6.2 6.2
Finland 6.50 Jul/18 7 7.4 7.1 6.9
France 9.10 Jun/18 8.8 8.6 8.5 8.1
Gabon 19.60 Dec/17 19.25 19.5 19.57 19.65
Gambia 9.50 Dec/17 9.4 9.4 9 9
Georgia 13.90 Dec/17 13.8 13.8 13.7 13.7
Germany 3.40 Jul/18 3.4 3.4 3.5 3.6
Ghana 2.40 Dec/17 2.5 2.5 2 2
Greece 19.10 Jun/18 18.4 17.9 17.5 17.1
Guatemala 2.30 Jun/17 2.3 2.4 2.4 2.3
Guinea 4.50 Dec/17 4.5 4.5 4.5 4.5
Guinea Bissau 6.10 Dec/17 6.1 6.1 6 6
Guyana 12.00 Dec/17 12.2 12.2 11.9 11.9
Haiti 14.00 Dec/17 13.8 13.8 13.4 13.4
Honduras 6.70 Dec/17 7.2 7.2 6.5 6.5
Hong Kong 2.80 Aug/18 2.8 2.8 2.8 2.8
Hungary 3.60 Jul/18 3.8 4.2 4.3 4.4
Iceland 3.70 Jul/18 3.8 3.5 3.2 3.2
India 3.52 Dec/17 3.5 3.5 3.6 3.6
Indonesia 5.13 Mar/18 5 5 4.9 4.9
Iran 12.10 Jun/18 12.3 12.5 12.7 12.5
Iraq 14.80 Dec/17 14.5 14.5 14 14
Ireland 5.60 Aug/18 5 4.7 4.5 4.5
Israel 4.20 Jul/18 4.1 3.9 3.6 3.4
Italy 10.40 Jul/18 10.5 10.3 10.1 9.9
Ivory Coast 2.60 Dec/17 2.6 2.6 2.6 2.6
Jamaica 9.70 Jun/18 10 10 10.5 8.4
Japan 2.50 Jul/18 2.3 2.3 2.4 2.3
Jordan 18.70 Jun/18 18.9 17.9 18 18
Kazakhstan 4.90 Aug/18 4.8 4.8 4.8 4.8
Kenya 11.50 Dec/17 11 11 10.5 10.5
Kosovo 29.40 Jun/18 29 28.5 27 27
Kuwait 2.08 Dec/17 2.15 2.7 2.1 2.1
Kyrgyzstan 2.50 Apr/18 2.5 2.4 2.5 2.5
Laos 0.70 Dec/17 0.7 0.7 0.7 0.7
Latvia 7.70 Jun/18 8.2 8.1 8 8
Lebanon 6.30 Dec/17 6.3 6.7 6.3 6.3
Lesotho 27.25 Dec/17 27.15 27.1 27.17 27.25
Liberia 2.40 Dec/17 2.5 2.5 2.7 2.7
Libya 17.70 Dec/17 17.5 17.5 17 17
Liechtenstein 1.90 Dec/17 2.1 2.1 2.2 2.2
Lithuania 8.20 Jul/18 7.1 8.2 8.2 8.2
Luxembourg 5.50 Aug/18 5.4 5.6 5.4 5.3
Macau 1.80 Jul/18 1.8 1.7 1.8 1.9
Macedonia 21.10 Jun/18 20.8 20.4 20 19.7
Madagascar 1.80 Dec/17 2 2 2 2
Malawi 5.90 Dec/17 5.8 5.8 5.7 5.7
Malaysia 3.40 Jul/18 3.5 3.7 3.7 3.8
Maldives 5.00 Dec/17 5 5 5 5
Mali 7.90 Dec/17 7.5 7.5 7.1 7.1
Malta 4.40 Mar/18 4 4.3 4.3 4
Mauritania 11.80 Dec/17 11.7 11.7 11.57 11.45
Mauritius 7.10 Mar/18 6.8 7 7 6.8
Mexico 3.50 Jul/18 3.6 3.2 3.2 3.4
Moldova 3.00 Jun/18 3.2 4.2 3.8 3.1
Mongolia 7.50 Jun/18 8.1 8.4 8.5 8.2
Montenegro 18.00 Jul/18 19 18.6 18.4 18.2
Morocco 9.10 Jun/18 10.4 9.9 10.5 9.3
Mozambique 25.04 Dec/17 24 23.8 23.72 23.65
Myanmar 0.80 Dec/17 0.8 0.8 0.8 0.8
Namibia 34.00 Dec/16 29 28.9 35.67 35.85
Nepal 3.20 Dec/17 3.3 3.3 3.5 3.5
Netherlands 3.90 Aug/18 3.8 4.2 4.4 4.5
New Caledonia 11.60 Dec/17 15 15 14.5 14.5
New Zealand 4.50 Jun/18 4.5 4.6 4.7 4.8
Nicaragua 3.30 Dec/17 3.8 4.2 3.9 3.7
Niger 0.40 Dec/17 0.4 0.4 0.5 0.5
Nigeria 18.80 Sep/17 17 17 17.2 17.3
North Korea 4.20 Dec/17 4.22 4.2 4.2 4.2
Norway 3.90 Jun/18 3.8 3.8 3.8 3.7
Oman 16.00 Dec/17 17 17 16 16
Pakistan 5.90 Dec/16 6 6 5.9 5.9
Palestine 32.40 Jun/18 29.4 26.3 29.5 29.3
Panama 6.10 Dec/17 6.3 6.3 6.5 6.5
Papua New Guinea 2.60 Dec/17 2.57 2.5 2.6 2.6
Paraguay 7.60 Sep/17 7.8 7 8.3 8.4
Peru 6.10 Aug/18 5.8 6 7 7.2
Philippines 5.40 Sep/18 5.4 5.3 5.4 5.5
Poland 5.90 Jul/18 5.6 5.4 5.2 5.1
Portugal 6.70 Jun/18 6.4 6.9 7.2 6.4
Puerto Rico 9.50 Jul/18 9.5 9.7 10 10
Qatar 0.10 Jun/18 0.1 1 0.1 0.1
Republic of the Congo 10.95 Dec/17 10.67 10.6 10.57 10.55
Romania 4.20 Jul/18 4.1 4 4.2 4.5
Russia 4.60 Aug/18 4.4 4.3 4.2 4.4
Rwanda 16.00 Feb/18 16 16 15 15
Sao Tome and Principe 13.50 Dec/17 13.47 13.5 13.2 13.2
Saudi Arabia 6.10 Mar/18 6 6 6 6.2
Senegal 15.70 Dec/17 15.9 15.1 15.1 14.1
Serbia 11.90 Jun/18 12.5 12.5 13.9 12
Seychelles 4.10 Dec/17 3.4 3.4 1.7 3.3
Sierra Leone 4.50 Dec/17 4.42 4.4 4.37 4.35
Singapore 2.10 Jun/18 2.1 2.2 2.2 2.2
Slovakia 5.40 Aug/18 5.5 5.4 5.4 5.2
Slovenia 7.90 Jun/18 7.6 7.8 7.7 7.5
South Africa 27.20 Jun/18 27.4 27.4 27.2 27.1
South Korea 4.20 Aug/18 3.8 3.8 3.9 3.8
Spain 15.30 Jun/18 15.1 15.1 14.9 14.7
Sri Lanka 4.50 Mar/18 4.2 4.5 4.3 4.3
Sudan 12.70 Dec/17 12.5 12.5 12 12
Suriname 9.70 Dec/16 8.5 8.5 8 8
Swaziland 26.40 Dec/17 26 26 25.7 25.7
Sweden 6.10 Aug/18 6 5.8 6.2 6.3
Switzerland 2.40 Aug/18 2.3 2.5 2.5 2.6
Syria 15.20 Dec/17 25 25 14.72 14.65
Taiwan 3.69 Jul/18 3.7 3.7 3.7 3.8
Tajikistan 2.30 Apr/18 2.3 2.4 2.2 2.2
Tanzania 10.30 Dec/14 9.5 9.5 9 9
Thailand 1.00 Jul/18 1 1 1 1
Togo 1.80 Dec/17 2 2 2 2
Trinidad and Tobago 5.10 Sep/17 5 5.2 5.6 5.7
Tunisia 15.40 Mar/18 15.1 15.1 15.1 15.1
Turkey 10.20 Jun/18 11.1 11.5 11.7 11.9
Turkmenistan 3.40 Dec/17 9 9 10 10
Uganda 2.10 Dec/17 2.2 2.2 2.2 2.2
Ukraine 9.70 Mar/18 9.4 9.4 9.5 9.2
United Arab Emirates 1.72 Dec/17 1.7 1.7 1.6 1.6
United Kingdom 4.00 Jul/18 4.1 4.2 4.4 4.5
United States 3.90 Aug/18 3.9 3.9 3.8 3.8
Uruguay 7.77 Jul/18 7.9 8 7.7 8.2
Uzbekistan 7.20 Dec/17 7 7 6.8 6.8
Venezuela 7.30 Apr/16 30 30 40 40
Vietnam 2.01 Dec/17 2.1 2.2 2.3 2.4
Yemen 14.00 Dec/17 14 14 13.6 13.6
Zambia 7.79 Dec/17 7.6 7.4 7.45 7.5
Zimbabwe 5.16 Dec/17 5.3 5.3 5.32 5.35