Unemployment Rate by Country 2026 — Complete Global Rankings
105 countries ranked · Global average: 6.4% · Source: IMF World Economic Outlook · Updated May 2026
Top 10 Countries with Highest Unemployment Rate (2026)
Unemployment rate · Source: IMF April 2026 World Economic Outlook
- 1.Sudan — 58.0%
- 2.South Africa — 32.7%
- 3.Georgia — 13.9%
- 4.Armenia — 13.3%
- 5.North Macedonia — 12.7%
- 6.Morocco — 12.7%
- 7.Bosnia and Herzegovina — 12.6%
- 8.Spain — 10.7%
- 9.Ukraine — 10.2%
- 10.Colombia — 9.8%
Top 10 Countries with Lowest Unemployment Rate (2026)
Unemployment rate · Source: IMF April 2026 World Economic Outlook
- 1.Thailand — 1.0%
- 2.Andorra — 1.6%
- 3.Macao SAR, China — 1.7%
- 4.Singapore — 2.1%
- 5.Czechia — 2.4%
- 6.Viet Nam — 2.5%
- 7.Malta — 2.5%
- 8.Belize — 2.6%
- 9.Japan — 2.6%
- 10.Liechtenstein — 2.7%
2026 Unemployment Snapshot
| Economy | Rate (2026) | Key Context |
|---|---|---|
| Global average | 6.4% | Labor markets broadly tight post-COVID; tariff uncertainty adding modest upward pressure in 2026 |
| United States | ~3.8% | Near historic lows; AI-driven hiring offsets tariff-sector losses; 115K jobs added April 2026 |
| Japan | ~2.5% | Labor shortage, not surplus; aging demographics mean businesses struggle to hire |
| Germany | ~3.0% | Structural labor shortage; 750K+ vacancies despite weak GDP growth of 0.9% |
| China | ~5.0% | Official figure; youth unemployment hit 21.3% in 2023 and remains structurally elevated |
| India | ~7% | Headline understates underemployment; large informal sector absorbs workers outside official statistics |
| France | ~7.3% | Rigid labour market; insider-outsider dynamics slow hiring and firing cycles |
| South Africa | ~32% | Highest among major economies; structural skills mismatch + power infrastructure failures |
Sources: IMF World Economic Outlook April 2026; figures approximate. See full country rankings for all 105 economies.
Global Unemployment Overview
Unemployment rates vary enormously across the world, from below 1% in some Gulf and East Asian economies to over 25% in parts of Southern Africa and the Middle East. The global average unemployment rate is approximately 6.4% in 2026, though this masks huge variation in how countries define and measure unemployment. Advanced economies generally have more comprehensive labor force surveys, while developing countries may have large informal sectors not captured in official statistics.
Low official unemployment doesn't necessarily mean a healthy labor market — it may reflect high underemployment, informal work, or discouraged workers who have stopped looking for jobs. Conversely, moderate unemployment in countries with strong safety nets may simply reflect workers taking longer to find suitable employment. Youth unemployment (ages 15–24) is typically two to three times the overall rate and is a critical indicator of social stability, particularly in the Middle East and North Africa, where youth account for a disproportionately large share of the population.
The 2026 tariff landscape is introducing new pressures on global labor markets. The Trump administration's April 2026 tariff package — 145% on Chinese goods, 10–25% on most other imports — is accelerating supply chain relocation rather than simply reducing trade volumes. Manufacturers are shifting production from China toward Vietnam, India, Mexico, and Bangladesh, creating employment gains in those destinations while cutting factory shifts in China and export-dependent East Asian economies. In the United States, protected domestic industries (steel, aluminum, domestic EV assembly) have added jobs, but these gains are concentrated in specific regions and sectors, while import-dependent industries face cost pressures. The net effect on the US unemployment rate has been modest through mid-2026; the IMF projects the bigger labor market disruption will materialize in 2027 if tariff levels are sustained. For country-level GDP growth context that explains employment trends, see the full growth rankings.
Regional unemployment patterns reveal sharp structural divides. Sub-Saharan Africa has the highest regional average — South Africa's 32%+ rate is an extreme outlier driven by structural mismatches between a young, growing population and a formal economy that has never expanded fast enough to absorb it. North Africa and the Middle East run elevated rates (15–25%) reflecting large youth bulges and public sector saturation in oil-dependent economies. Europe splits between the tight labor markets of Germany and the Nordic countries (below 4%) and structurally elevated rates in Southern Europe and France, where employment protections and insider-outsider dynamics slow hiring. East Asia — Japan, South Korea, Taiwan, and Thailand — maintains some of the world's lowest rates, driven by aging demographics that tighten labor supply, manufacturing density, and social norms that discourage prolonged job search. The Gulf states report near-zero unemployment in their citizen populations, though migrant workers (who comprise 80–90% of the workforce in Qatar and UAE) are not always captured in headline figures. The Americas present the widest spread: the United States at ~3.8% sits alongside Brazil (~8%) and parts of Central America with double-digit informal sector unemployment. Understanding these regional differences requires looking beyond the headline rate to youth unemployment, labor force participation, and the size of the informal economy.
| # | Country | Unemployment Rate |
|---|---|---|
| 1 | Sudan | 58.0% |
| 2 | South Africa | 32.7% |
| 3 | Georgia | 13.9% |
| 4 | Armenia | 13.3% |
| 5 | North Macedonia | 12.7% |
| 6 | Morocco | 12.7% |
| 7 | Bosnia and Herzegovina | 12.6% |
| 8 | Spain | 10.7% |
| 9 | Ukraine | 10.2% |
| 10 | Colombia | 9.8% |
| 11 | Iran, Islamic Rep. | 9.2% |
| 12 | Bahamas, The | 9.1% |
| 13 | Suriname | 9.0% |
| 14 | Finland | 8.7% |
| 15 | Albania | 8.7% |
| 16 | Serbia | 8.6% |
| 17 | Cabo Verde | 8.5% |
| 18 | Greece | 8.4% |
| 19 | Sweden | 8.4% |
| 20 | Turkiye | 8.3% |
| 21 | Chile | 8.3% |
| 22 | Honduras | 8.0% |
| 23 | Uruguay | 8.0% |
| 24 | Costa Rica | 8.0% |
| 25 | Barbados | 7.8% |
| 26 | Panama | 7.7% |
| 27 | Pakistan | 7.5% |
| 28 | France | 7.5% |
| 29 | Estonia | 7.4% |
| 30 | Brazil | 7.3% |
| 31 | Egypt, Arab Rep. | 7.3% |
| 32 | Italy | 6.7% |
| 33 | Latvia | 6.6% |
| 34 | Canada | 6.6% |
| 35 | Argentina | 6.6% |
| 36 | Peru | 6.5% |
| 37 | Portugal | 6.3% |
| 38 | Luxembourg | 6.2% |
| 39 | Bahrain | 6.2% |
| 40 | Belgium | 6.2% |