Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
5.80% on Dec 31, 2021
Lowest
4.60% on Dec 31, 1997
About 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).
Related indicators
Frequently Asked Questions
To calculate Malawi unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Malawi unemployment rate is 4.60%.
The highest figure Malawi unemployment rate has ever reached is 5.80%.
In 2023 Malawi unemployment rate was 5.00%, and the previous year it amounted to 5.10%.