Indonesia's Unemployment Rate Tops G20 Nations: What's the Situation in Indonesia?

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Erlina Fury Santika 11/09/2023 20:40 WIB

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Indonesia's unemployment rate ranks 11th among G20 countries. South Africa has the highest rate.

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Indonesia's Unemployment Rate Tops G20 Nations: What's the Situation in Indonesia?

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G20 Unemployment Rate (2023)

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Employment was one of several issues discussed at the G20 Summit in India. The agenda of this international forum touched upon strengthening decent work and worker well-being.

Employment issues were addressed in the G20 Employment Working Group (EWG), with agendas from Business20, Labour20, Startup20, and Think20.

According to a G20 India release, three documents were agreed upon to address global skills gaps: adequate and sustainable social protection; decent work for gig and online/platform workers; and sustainable social protection financing.

This agreement was reached on July 19, 2023, and is included in the G20 Leaders' Declaration. The G20 Summit was closed by the Indian Prime Minister, Narendra Modi, on Sunday, September 10, 2022.

Aside from this agreement, what is the unemployment rate in G20 countries?

Trading Economics compiled the unemployment rates of G20 countries. This data was collected from each country between March and August 2023.

South Africa had the highest open unemployment rate (OUR) among the G20, at 32.6% of its total workforce. Although very high, this figure is actually a decrease from the previous period's 32.9%.

Second is Turkey, with an unemployment rate of 9.4%. This figure has also decreased from the previous 9.6%.

Third is India, with a proportion of 8%. This figure has also decreased from the previous 8.5%.

Then there is Brazil at 7.9%, followed by Italy in fifth place at 7.6%.

Indonesia itself is ranked 11th with an unemployment rate of 5.45% in March 2023. Previously, Indonesia's unemployment rate was recorded at 5.86% in August 2022.

The countries with the lowest unemployment rates in the G20 are Japan (2.7%); South Korea (2.8%); and Russia (3%).

Editor : Erlina Fury Santika

"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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Indonesia's Unemployment Rate Tops G20 Nations: What's the Situation in Indonesia?

Indonesia's Unemployment Rate Tops G20 Nations: What's the Situation in Indonesia?

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Majority of Indonesian Migrant Workers Depart at a Young Age

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Indonesia's Unemployment Rate Tops G20 Nations: What's the Situation in Indonesia?

Indonesia's Unemployment Rate Tops G20 Nations: What's the Situation in Indonesia?

Tags

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Majority of Indonesian Migrant Workers Depart at a Young Age

Public Rates Central Government's Economic Performance as Poor (September 2025)

BPS: The Higher the Education Level, the More Students Work and Manage Households by 2025

Age of Established Entrepreneurs in Indonesia by Early 2025

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