Top 10 Countries with the Highest Unemployment Rates in the World

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Adi Ahdiat 26/07/2024 12:31 WIB

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According to IMF projections, Sudan will have the world's highest unemployment rate in 2024.

10 Countries with the Highest Unemployment Rates in the World (2024)*

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Top 10 Countries with the Highest Unemployment Rates in the World

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10 Countries with the Highest Unemployment Rates in the World (2024)*

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The International Monetary Fund (IMF) projects Sudan's unemployment rate to reach 49.5% in 2024. This would make Sudan the country with the highest unemployment rate globally.

According to a study by the Economic Research Forum (ERF) in *Sudan's labour market in an era of shocks* (October 2023), several factors contribute to Sudan's high unemployment. These include a high birth rate, low educational participation, and gender inequality that hinders women's entry into the labor market.

"Approximately 30% of women in Sudan marry before the age of 18, with the median age at marriage being 20. This early marriage contributes to the high birth rate," stated the ERF team in their report.

"Almost half of adults, or 49%, of the 25-64 year-old population in Sudan are illiterate. Most other adults can read and write, but have never completed any formal education," they continued.

Other countries with notably high unemployment rates, besides Sudan, include South Africa, Georgia, Ukraine, North Macedonia, Bosnia and Herzegovina, Armenia, Morocco, Spain, and Albania, as shown in the graph.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Top 10 Countries with the Highest Unemployment Rates in the World

Top 10 Countries with the Highest Unemployment Rates in the World

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Top 10 Countries with the Highest Unemployment Rates in the World

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