Unemployment Rate in Myanmar decreased to 1.60 percent in 2018 from 2.20 percent in 2017.

Unemployment Rate in Myanmar averaged 3.64 percent from 1990 until 2018, reaching an all time high of 4.17 percent in 1990 and a record low of 0.80 percent in 2015. This page provides - Myanmar Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Myanmar is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Unemployment Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.


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Myanmar Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.20 4.17 0.80 1990 - 2018 percent Yearly
NSA

Myanmar Unemployment Rate
In Myanmar, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Myanmar Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.60 2.20 4.17 0.80 percent [+]
Minimum Wages 4800.00 3600.00 4800.00 3600.00 MMK/day [+]
Population 53.71 53.37 53.71 20.99 Million [+]
Living Wage Family 405700.00 405700.00 405700.00 405700.00 MMK/Month [+]
Living Wage Individual 193400.00 193400.00 193400.00 193400.00 MMK/Month [+]