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Australia Lowest Unemployment Rate

3.67% in 2023
Unemployment as % of total labor force · World Bank

The lowest unemployment rate in Australia was 3.67% in 2023. The top 5 years were: 2023 (3.67%), 2022 (3.73%), 2024 (3.94%), 2025 (4.09%), 2008 (4.24%).

Top 5 Lowest Years
Australia Top 5 Lowest Unemployment Rate Years
RankYearValue
1st 2023 3.67%
2nd 2022 3.73%
3rd 2024 3.94%
4th 2025 4.09%
5th 2008 4.24%
All Data (sorted by value)
YearValueChangeRank
2025 4.09% +0.07pp 68th
2024 3.94% +0.24pp 69th
2023 3.67% −0.04pp 68th
2022 3.73% −1.39pp 59th
2021 5.02% −1.45pp 72nd
2019 5.14% −0.14pp 94th
2008 4.24% −0.13pp 65th
2018 5.35% −0.26pp 95th
2007 4.38% −0.41pp 69th
2020 6.39% +1.22pp 97th
2017 5.59% −0.13pp 95th
2016 5.71% −0.36pp 90th
2006 4.79% −0.25pp 71st
2005 5.04% −0.36pp 70th
2015 6.06% −0.00pp 92nd
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