Unemployment rates in the world are lowest in Qatar and highest in Palestine economy

Unemployment is troubling decision-makers in the world, as it devours the economies of countries, exacerbates poverty rates, and accumulates queues of unemployed people who turn into time bombs that may explode at any moment.

Unemployment statistics in the world reveal that Qatar leads the world with the lowest rate, while Israel’s war on Gaza has caused a significant increase in the number of unemployed people in Palestine.

We start with the latest statistics on the Trading Economics website, which published a list of unemployment rates for every country in the world.

The list of the 10 lowest countries with the global unemployment rate based on this data is as follows:

1. Qatar: 0.1% (last updated March 2024).
2. Belarus 0.1% (last updated December 2023).
3. Cambodia: 0.22% (December 2023).
4. Niger: 0.5% (December 2023).
5. Burundi: 0.9% (December 2023).
6. Faroe Islands: 0.9% (March 2024).
7. Chad: 1% (December 2023).
8. Thailand: 1.07% (June 2024).
9. Laos: 1.2% (December 2023).
10. Benin: 1.4% (December 2023).

And she came The list of the top 10 countries with the highest unemployment rate globally, based on the same source, is as follows:

1. Palestine: 35.2% (last updated March 2024)
2. South Africa: 33.5% (June 2024)
3. Angola: 32.4% (March 2024)
4. Djibouti: 27.9% (December 2022)
5. Botswana: 25.9% (September 2023)
6. Senegal: 23.2% (March 2024)
7. Kingdom of Eswatini (formerly Swaziland): 22.2% (December 2023)
8. Republic of the Congo: 21.8% (December 2022)
9. Jordan: 21.4% (March 2024)
10. Sudan: 20.8% (December 2023)

Arab countries

The ranking of Arab countries in terms of unemployment rates (from lowest to highest) according to the same source is as follows:

1. Qatar: 0.1% (last updated March 2024)
2. Oman: 1.5% (December 2023)
3. Kuwait: 2.1% (December 2023)
4. UAE: 2.95% (December 2023)
5. Saudi Arabia: 3.5% (March 2024)
6. Bahrain: 5.5% (December 2022)
7. Comoros: 5.7% (December 2023)
8. Egypt: 6.5% (June 2024)
9. Mauritania: 10.63% (December 2023)
10. Lebanon: 11.7% (December 2023)
11. Algeria: 11.8% (December 2023)
12. Morocco: 13.1% (June 2024)
13. Syria: 13.5% (December 2023)
14. Iraq: 15.6% (December 2023)
15. Tunisia: 16% (June 2024)
16. Yemen: 17.53% (December 2023)
17. Libya: 18.5% (December 2023)
18. Sudan: 20.8% (December 2023)
19. Jordan: 21.4% (March 2024)
20. Djibouti: 27.9% (December 2022)
21. Palestine: 35.2% (March 2024).

The highest in the world

The World Bank published updated statistics until 2023 showing The top 20 countries with unemployment rates are as follows:

1. Kingdom of Eswatini (formerly Swaziland): 37.6%
2. South Africa: 28%
3. Djibouti: 26.3%
4. West Bank and Gaza: 24.4%
5. Botswana: 23.4%
6. Gabon: 20.4%
7. Republic of the Congo: 20.1%
8. Namibia: 19.4%
9. Somalia: 19%
10. Libya: 18.7%
11. Saint Vincent and the Grenadines: 18.7%
12. Jordan: 17.9%
13. Yemen: 17.2%
14. Lesotho: 16.5%
15. Iraq: 15.5%
16. Montenegro: 15.3%
17. Tunisia: 15.1%
18. Rwanda: 14.9%
19. Haiti: 14.6%
20. Angola: 14.6%

And she came The highest Arab countries with unemployment rates according to the World Bank are as follows:

1. Djibouti: 26.3%
2. West Bank and Gaza: 24.4% (last update 2022).
3. Somalia: 19%
4. Libya: 18.7%
5. Jordan: 17.9%
6. Yemen: 17.2%
7. Iraq: 15.5%
8. Tunisia: 15.1% (2023)
9. Syria: 13.5% (in 2023)
10. Algeria: 11.8% (in 2023)
11. Lebanon: 11.6% (in 2023)
12. Sudan: 11.4% (in 2023)
13. Mauritania: 10.5% (in 2023)
14. Morocco: 9.1% (in 2023)
15. Comoros: 5.8% (in 2023)
16. Egypt: 7.3% (in 2023)
17. Saudi Arabia: 4.9% (in 2023)
18. UAE: 2.7% (in 2023)
19. Kuwait: 2.1% (in 2023)
20. Oman: 1.5% (in 2023)
21. Bahrain: 1.2% (in 2023)
22. Qatar: 0.1% (2023)

The aggression against Gaza and unemployment

A report published by the United Nations this June stated that “according to data collected by the International Labor Organization and the Palestinian Central Bureau of Statistics, the unemployment rate in the Gaza Strip reached 79.1% after about 8 months of the Israeli war” in the Strip.

The organization continued in its report, “Although the occupied West Bank did not witness a comprehensive war, it was also severely affected by the crisis, as about 1-3 workers are unemployed.”

The authors of the report on the situation of workers in the occupied Arab territories said, “These numbers raise the average unemployment rate to 50.8% in the Palestinian Territory,” and they indicated that the real number is likely to be higher than that, as it did not include individuals who left the labor market completely due to lack of opportunities. .