Singapore Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Singapore unemployment rate for 2023 was 3.47%, a 0.12% decline from 2022.
  • Singapore unemployment rate for 2022 was 3.59%, a 1.05% decline from 2021.
  • Singapore unemployment rate for 2021 was 4.64%, a 0.54% increase from 2020.
  • Singapore unemployment rate for 2020 was 4.10%, a 1% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Spain 12.14%
Virgin Islands (U.S.) 12.09%
French Polynesia 11.72%
New Caledonia 11.22%
Greece 11.00%
Bahamas 9.20%
Chile 9.04%
Uruguay 8.35%
Barbados 7.95%
Italy 7.62%
Sweden 7.59%
France 7.32%
Finland 7.16%
Lithuania 6.96%
Panama 6.70%
Latvia 6.53%
Portugal 6.49%
Estonia 6.35%
Argentina 6.18%
Croatia 6.06%
Channel Islands 5.98%
Cyprus 5.96%
Puerto Rico 5.96%
Slovak Republic 5.84%
Belgium 5.51%
Guam 5.42%
Canada 5.37%
Brunei 5.27%
Austria 5.24%
Luxembourg 5.19%
Denmark 5.14%
Saudi Arabia 4.88%
Ireland 4.34%
Trinidad and Tobago 4.21%
Hungary 4.13%
United Kingdom 4.06%
Switzerland 4.05%
Hong Kong 3.93%
New Zealand 3.74%
Australia 3.67%
Slovenia 3.63%
United States 3.63%
Norway 3.58%
Iceland 3.56%
Netherlands 3.56%
Singapore 3.47%
Israel 3.39%
Malta 3.13%
Germany 3.05%
Poland 2.91%
UAE 2.71%
South Korea 2.64%
Czech Republic 2.59%
Japan 2.58%
Macao 2.25%
Kuwait 2.08%
Oman 1.46%
Bahrain 1.16%
Qatar 0.13%
Singapore Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 3.47% -0.12%
2022 3.59% -1.05%
2021 4.64% 0.54%
2020 4.10% 1.00%
2019 3.10% -0.51%
2018 3.61% -0.59%
2017 4.20% 0.12%
2016 4.08% 0.29%
2015 3.79% 0.05%
2014 3.74% -0.12%
2013 3.86% 0.14%
2012 3.72% -0.17%
2011 3.89% -0.23%
2010 4.12% -1.74%
2009 5.86% 1.90%
2008 3.96% 0.06%
2007 3.90% -0.58%
2006 4.48% -1.11%
2005 5.59% -0.25%
2004 5.84% -0.09%
2003 5.93% 0.28%
2002 5.65% 1.89%
2001 3.76% 0.06%
2000 3.70% -1.15%
1999 4.85% 1.44%
1998 3.41% 0.91%
1997 2.50% -1.07%
1996 3.57% 0.27%
1995 3.30% 0.27%
1994 3.03% -0.04%
1993 3.07% -0.02%
1992 3.09% 0.91%
1991 2.18% 0.91%