Unemployment Rate (Annual)
Oceania Ranking
Source: IMF
Definition of Unemployment Rate (Annual)
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | New Caledonia | 16.57 | 2021 | 1 | 16.43 |
| 2 | Samoa | 9.84 | 2021 | 2 | 9.15 |
| 3 ↑ | Fiji | 5.24 | 2021 | 4 | 4.72 |
| 4 ↓ | Australia | 5.11 | 2021 | 3 | 6.46 |
| 5 | New Zealand | 4.12 | 2021 | 5 | 4.59 |
| 6 | Tonga | 3.97 | 2021 | 6 | 3.63 |
| 7 | Papua New Guinea | 2.75 | 2021 | 7 | 2.6 |
| 8 | Vanuatu | 2.18 | 2021 | 8 | 2.12 |
| 9 | Solomon Islands | 1.03 | 2021 | 9 | 0.92 |
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
