Unemployment Rate in Laos increased to 1 percent in 2020 from 0.60 percent in 2019. source: World Bank

Unemployment Rate in Laos averaged 1.42 percent from 1991 until 2020, reaching an all time high of 2.60 percent in 1992 and a record low of 0.60 percent in 2015. This page provides - Laos Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Unemployment Rate - values, historical data and charts - was last updated on August of 2021.

Unemployment Rate in Laos is expected to reach 1.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Unemployment Rate is projected to trend around 1.60 percent in 2022 and 1.10 percent in 2023, according to our econometric models.

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Laos Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.60 2.60 0.60 1991 - 2020 percent Yearly

Laos Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.00 0.60 2.60 0.60 percent [+]
Population 7.30 7.12 7.30 2.12 Million [+]


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