Home World Unemployment Rates

World Unemployment Rates

I Can't Feed My Family
I Can’t Feed My Family

The effect of high unemployment rates

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The country also loses the goods or services that could have been produced. This negatively affects the purchasing power of people, which can lead to eventual unemployment of other workers.

Unemployment impacts the opportunity to participate in public life, which has affected millions of women around the world. It has limited their ability to become successful members of the workforce and contributed to further gender inequality.

Below is a list of the world’s top 20 countries with the highest unemployment rates. The chart shows the percentage of both males and females currently participating in their country’s workforce.

The World's 20 Highest Unemployment Rated Countries

 Rate W/Male*W/Female**
1. Djibouti 54.00NANA
2. Bosnia and Herzegovina 38.6868.043.0
3. Gambia 29.6983.073.0
4. Reunion29.60NANA
5. Kosovo27.50NANA
6. Lesotho27.4275.061.0
7. South Africa26.7063.051.0
8. ESwatini25.2867.043.0
9. Melilla24.60NANA
10. Palestine24.50NANA
11. Mozambique24.3775.083.0
12. Republic of Macedonia22.1078.053.0
13. Montenegro20.9465.052.0
14. Greece20.9076.060.0
15. Comoros19.96NANA
16. Libya19.22NANA
17. Nigeria18.8064.049.0
18. Jordan18.5068.015.0
19. Gabon18.50NANA
20. Botswana17.683.077.0

*Working Percentage of Males 15 and Up **Working Percentage of Females 15 and Up

Resource: The World Bank

Taking a closer look

If we were to take a look at the average income of a worker from these countries, the annual income would be $4,309 per year, $359 per month, and $90 per week. The highest earning country is Greece with $22,648 per year and the lowest earning country is Gambia with $529 per year.

Now let’s compare the ratio of men to women who are working. Women are 22% less involved in the workforce and earn 64% less per year.

Similarly to the number of children out of school and illiteracy rates, unemployment also shows a gender bias. This limits the opportunity for women to contribute more to their country’s economy. For 13 of the 20 countries with the highest unemployment rates in Africa, women work 50% longer hours than men, but earn much less.

Will the world’s poverty cycle ever end? There is a possibility, but we need to start with education.