Unemployment Rate in Malawi decreased to 5 percent in 2023 from 5.10 percent in 2022. Unemployment Rate in Malawi averaged 5.02 percent from 1991 until 2023, reaching an all time high of 5.80 percent in 2021 and a record low of 4.60 percent in 1997. source: International Labour Organization (ILO)

Unemployment Rate in Malawi is expected to reach 5.40 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Unemployment Rate is projected to trend around 5.20 percent in 2025, according to our econometric models.

Related Last Previous Unit Reference
Population 19.90 19.40 Million Dec 2023
Unemployment Rate 5.00 5.10 percent Dec 2023

Malawi Unemployment Rate
In Malawi, the unemployment rate is based on the strict ILO definition, which is much lower than the unemployment rate obtained using the broad definition (20.4 percent).
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.10 5.80 4.60 1991 - 2023 percent Yearly