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Macao SAR, China Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

2.35% +0.55pp (+30.4%)
Year 2025 Rank #23 Global Peak 6.87% (2000) Source World Bank

Macao SAR, China Unemployment Rate (1991–2025)

Overview

Macao SAR, China's unemployment rate stood at 2.35% in 2025, a rise of +0.55pp from 2024. The IMF projects 1.70% by 2025. Macao SAR, China ranked 23rd globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 1.65% - -
2029* IMF 1.65% - -
2028* IMF 1.65% - -
2027* IMF 1.65% - -
2026* IMF 1.70% - -
2025* IMF 1.70% - -
2025 2.35% +0.55pp #23
2024 2.26% −0.39pp #22
2023 2.21% −1.47pp #22
2022 2.45% −0.50pp #23
2021 2.22% −0.33pp #17
2020 2.54% +0.82pp #18
2019 1.73% −0.07pp #14
2018 1.80% −0.17pp #18
2017 1.98% +0.08pp #16
2016 1.94% +0.11pp #17
2015 1.81% +0.11pp #14
2014 1.67% −0.18pp #14
2013 1.82% −0.18pp #15
2012 1.97% −0.61pp #14
2011 2.56% −0.27pp #20
Show all years (1991-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.4% GDP growth 21.6% C/A balance 40.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Macao SAR, China matched the Export Boom Cycle pattern in 2011. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Macao SAR, China's unemployment rate?

Macao SAR, China's unemployment rate was 2.35% in 2025. Ranked 23rd globally. This represents a 30.4% increase from the previous year.

What was the highest unemployment rate in Macao SAR, China?

Macao SAR, China's unemployment rate peaked at 6.87% in 2000.

What was the lowest unemployment rate in Macao SAR, China?

The lowest unemployment rate in Macao SAR, China was 1.67% in 2014.

How does Macao SAR, China rank in unemployment rate?

Macao SAR, China ranks 23rd globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Macao SAR, China in 2025?

Macao SAR, China's unemployment rate is projected to reach 1.70% by 2025 based on IMF projection.

What is the unemployment rate of Macao SAR, China in 2025?

The unemployment rate of Macao SAR, China in 2025 was 2.35%. This ranks 23rd in the world.

Cite this page

APA
Macao SAR, China Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/macao-sar-china/unemployment-rate
BibTeX
@misc{historysaid_macao-sar-china_unemployment-rate, title = {Macao SAR, China Unemployment Rate}, url = {https://historysaid.com/macao-sar-china/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }