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Unemployment Rate - Ranking 1988

All countries ranked by unemployment rate · World Bank
Year

In 1988, Hungary (0.46%), Iceland (0.64%), and Switzerland (0.72%) ranked highest in unemployment rate among all countries. Cabo Verde ranked lowest at 24.57%.

Unemployment Rate by Country - 1988
RankCountryValueYoY %
1st Hungary 0.46% +47.0%
2nd Iceland 0.64% +44.2%
3rd Switzerland 0.72% -9.8%
4th Hong Kong SAR, China 1.37% -21.4%
5th Luxembourg 1.54% -8.0%
6th Sweden 2.35% -18.0%
7th Japan 2.52% -11.7%
8th Korea 2.53% -18.8%
9th Singapore 2.58% -34.0%
10th Austria 2.68% -29.6%
11th Cyprus 2.80% -17.6%
12th Indonesia 2.89% +9.5%
13th Pakistan 3.14% +2.3%
14th Norway 3.15% +51.1%
15th Mexico 3.54% -8.8%
16th Romania 3.70% +0.0%
17th Mauritius 3.89% -34.8%
18th Peru 4.16% -13.4%
19th Finland 4.21% -14.1%
20th Paraguay 4.70% -14.5%
21st Aruba 5.00% -65.5%
22nd Costa Rica 5.46% -2.1%
23rd United States 5.49% -11.1%
24th Denmark 5.66% +13.2%
25th New Zealand 5.80% +37.3%
26th Albania 6.03% +16.8%
27th Malta 6.20% -24.4%
28th Netherlands 6.25% -1.4%
29th Israel 6.43% +6.1%
30th Colombia 6.45% -12.4%
31st Argentina 6.50% +8.3%
32nd Honduras 6.94% -2.1%
33rd Ecuador 7.00% -
34th Portugal 7.07% -0.8%
35th Australia 7.21% -11.1%
36th Greece 7.70% +4.1%
37th Germany 7.74% -1.4%
38th Canada 7.78% -11.6%
39th Malaysia 8.08% -1.6%
40th United Kingdom 8.58% -17.7%
41st Uruguay 8.60% -5.5%
42nd Türkiye 8.70% +7.0%
43rd Jordan 8.81% +4.9%
44th Belgium 8.83% -9.9%
45th France 8.84% -3.4%
46th Philippines 9.40% -15.0%
47th Italy 9.68% +0.7%
48th Chile 9.88% -10.1%
49th El Salvador 10.15% -
50th Bahamas, The 11.00% -4.3%
51st Fiji 12.00% +0.8%
52nd São Tomé and Principe 13.62% +0.0%
53rd Nicaragua 14.20% +1.4%
54th Puerto Rico (US) 15.00% -10.7%
55th Barbados 17.14% -4.4%
56th South Africa 17.24% +3.9%
57th Sudan 17.86% -3.6%
58th Ireland 18.40% -2.1%
59th Panama 18.78% +33.2%
60th Jamaica 19.09% -9.0%
61st Spain 19.24% -4.9%
62nd Algeria 21.80% +8.7%
63rd Cabo Verde 24.57% +1.7%

FAQ

Which country has the highest unemployment rate in 1988?

Hungary has the highest unemployment rate in 1988 at 0.46%.

Which country has the lowest unemployment rate in 1988?

Cabo Verde has the lowest unemployment rate in 1988 at 24.57%.

How many countries are ranked by unemployment rate?

63 countries have unemployment rate data for 1988.

What are the top 3 countries by unemployment rate?

1. Hungary (0.46%), 2. Iceland (0.64%), 3. Switzerland (0.72%).