Explore the latest Global macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks

Countries with the Highest Unemployment Rate in 2021 (%)

  • South Africa had the highest unemployment rate in the world in 2021 at 34.3%
  • Nigeria with an unemployment rate of 34.1% had the second-highest unemployment rate in 2021
  • Other countries with the highest unemployment rates in 2021 include Syria, Djibouti, the Republic of Kosovo, Eswatini, and Botswana 

Unemployment

Unemployment refers to a state in which an individual of working age who is willing and able to work remains without a job for the period under consideration. As such, persons falling outside the purview of the Labor force, such as students or retired persons are not considered as part of the unemployed population, even though they may not be engaged in any economic activity.

Top Countries with the Highest Unemployment Rates in the World:

South Africa:

The unemployment rate in South Africa in 2021 stood at 34.3%. Between 2010 to 2021, the unemployment rate in South Africa was highest in 2021 at 34.3% and lowest in 2011 at 24.8%. The unemployment rate increased by 17.4% on a year-on-year basis in 2021, and increased by 37.8% between 2010 to 2021.

The COVID-19 pandemic has reduced employment opportunities across the country. In 2021 Q1, the unemployment rate stood at 32.6%, which is a marginal rise compared to the previous quarter. The regions of Eastern Cape, Free State, Gauteng, and Mpumalanga had the highest levels of unemployment during 2021 Q1.

Nigeria:

The unemployment rate in Nigeria reached 34.1% in 2021. Between 2010-2021, the unemployment rate in Nigeria increased by 59.5%. On a year-on-year basis, it decreased by 3.7% in 2021. The rate was highest in the year 2019 and lowest in the year 2010.

Syria:

Syria’s unemployment rate has significantly increased since 2010. According to GlobalData, the country’s unemployment rate decreased from 36.4% in 2020 to 33.0% in 2021.

Djibouti:

In Djibouti, the unemployment rate stood at 28.4% in 2021, which remained consistent with the previous year 2020. Between 2010-2021, the unemployment rate increased by 4.9%. The unemployment rate increased from 26.9% in 2011 to 28.4% in 2020.

Republic of Kosovo:

The unemployment rate in the country averaged 30.9% from 2010 to 2021, and in 2021 the indicator reached 26%, according to GlobalData. The indicator decreased by 0.6% in 2021 and decreased by 35.9% between 2010-2021.

Factors that Impact Unemployment Levels in a Country

 Recession, government policies, geographical labor mobility, technological advancements, global economy, expanding population, and education, training, and skill development of workers are some of the primary elements that influence unemployment in a country.

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