Australia Forecast: Unemployment Rate
1980 - 2027 | Yearly | % | International Monetary Fund
Key information about Australia Unemployment Rate Forecast
- Australia Unemployment Rate is forecasted to be 4.025 % in Dec 2022 as reported by International Monetary Fund
- It records an increase from the last reported number of 5.100 % in Dec 2021
- Looking ahead, Australia Unemployment Rate is projected to stand at 4.703 % in Dec 2027
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Australia's Forecast: Unemployment Rate from 1980 to 2027 in the chart:
What is Australia's Forecast: Unemployment Rate in 2027?
Australia Unemployment Rate is forecasted to be 4.025 % in Dec 2022 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.703 2027 | 4.666 2026 | 4.025 2022 | 10.883 1993 | % | yearly | 1980 - 2027 |
Forecast: Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 10.000 2027 | yearly | 1980 - 2027 |
| Algeria (%) | 3.464 2027 | yearly | 1980 - 2027 |
| Andorra (%) | 1.675 2027 | yearly | 2010 - 2027 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 8.100 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 16.500 2027 | yearly | 2001 - 2027 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.703 2027 | yearly | 1980 - 2027 |
| Austria (%) | 4.800 2027 | yearly | 1980 - 2027 |
| Azerbaijan (%) | 5.564 2027 | yearly | 2000 - 2027 |
| Bahamas (%) | 11.431 2027 | yearly | 1986 - 2027 |
| Bahrain (%) | 3.951 2027 | yearly | 2007 - 2027 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 9.392 2027 | yearly | 1981 - 2027 |
| Belarus (%) | 3.754 2027 | yearly | 1993 - 2027 |
| Belgium (%) | 5.522 2027 | yearly | 1980 - 2027 |
| Belize (%) | 7.404 2027 | yearly | 1990 - 2027 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 5.000 2020 | yearly | 2003 - 2020 |
| Bolivia (%) | 4.000 2027 | yearly | 2000 - 2027 |
| Bosnia and Herzegovina (%) | 15.545 2027 | yearly | 1995 - 2027 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 10.415 2027 | yearly | 1991 - 2027 |
| Brunei (%) | 6.822 2027 | yearly | 2011 - 2027 |
| Bulgaria (%) | 4.200 2027 | yearly | 1989 - 2027 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.009 2027 | yearly | 1980 - 2027 |
| Cape Verde (%) | 8.500 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 6.808 2027 | yearly | 1980 - 2027 |
| China (%) | 3.600 2027 | yearly | 1980 - 2027 |
| Colombia (%) | 9.490 2027 | yearly | 1980 - 2027 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 6.265 2027 | yearly | 1991 - 2027 |
| Cyprus (%) | 5.523 2027 | yearly | 1982 - 2027 |
| Czech Republic (%) | 2.300 2027 | yearly | 1995 - 2027 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2027 | yearly | 1991 - 2027 |
| Ecuador (%) | 3.644 2027 | yearly | 1988 - 2027 |
| Egypt (%) | 6.402 2027 | yearly | 1990 - 2027 |
| El Salvador (%) | 7.000 2027 | yearly | 1988 - 2027 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 4.828 2027 | yearly | 1993 - 2027 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2027 | yearly | 1986 - 2027 |
| Finland (%) | 6.500 2027 | yearly | 1980 - 2027 |
| France (%) | 7.399 2027 | yearly | 1980 - 2027 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 20.015 2027 | yearly | 1996 - 2027 |
| Germany (%) | 3.142 2027 | yearly | 1980 - 2027 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 10.610 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 4.398 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.971 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 3.805 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 4.000 2027 | yearly | 1980 - 2027 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2027 | yearly | 1984 - 2027 |
| Iran (%) | 10.819 2027 | yearly | 1990 - 2027 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.955 2027 | yearly | 1985 - 2027 |
| Israel (%) | 3.700 2027 | yearly | 1980 - 2027 |
| Italy (%) | 8.900 2027 | yearly | 1980 - 2027 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 7.700 2019 | yearly | 1980 - 2019 |
| Japan (%) | 2.400 2027 | yearly | 1980 - 2027 |
| Jordan (%) | 24.425 2021 | yearly | 1984 - 2021 |
| Kazakhstan (%) | 4.775 2027 | yearly | 1994 - 2027 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.597 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 25.700 2019 | yearly | 2012 - 2019 |
| Kuwait (%) | 1.276 2021 | yearly | 1981 - 2021 |
| Kyrgyzstan (%) | 6.605 2027 | yearly | 1994 - 2027 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.559 2027 | yearly | 1992 - 2027 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.4 Mar 2022 | quarterly | Jun 2003 - Mar 2022 |
| Consolidated Fiscal Balance (USD mn) | -9,841.042 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
| Tax Revenue (USD mn) | 121,889.775 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
| Tax Revenue: % of GDP (%) | 30.0 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
| National Government Debt (USD mn) | 743,969.0 2021 | yearly | 1999 - 2021 |
| Government Debt: % of GDP (%) | 48.0 2021 | yearly | 1999 - 2021 |
| Forecast: Government Expenditure (AUD bn) | 1,057.212 2027 | yearly | 1988 - 2027 |
| Forecast: Government Net Debt (AUD bn) | 1,717.679 2027 | yearly | 1989 - 2027 |
| Forecast: Government Revenue (AUD bn) | 1,034.676 2027 | yearly | 1988 - 2027 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 655.200 2026 | yearly | 1997 - 2026 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 686.800 2026 | yearly | 1997 - 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.081 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 8,054.7 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Total Exports (USD mn) | 33,181.4 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Total Exports Growth (%) | 26.0 Apr 2022 | monthly | Jul 1972 - Apr 2022 |
| Aluminum: Exports (USD th) | 2,502,940.966 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 1,645,464.890 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 2,175,535.493 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 25,126.7 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Total Imports Growth (%) | 25.5 Apr 2022 | monthly | Jul 1972 - Apr 2022 |
| Imports: Medicament (USD th) | 6,063,924.192 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 3,694,584.815 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 1,253.353 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Total Imports from USA (USD mn) | 2,283.576 Apr 2022 | monthly | Apr 1969 - Apr 2022 |
| Total Exports to China (USD mn) | 10,448.043 Apr 2022 | monthly | Apr 1969 - Apr 2022 |
| Total Imports from China (USD mn) | 5,830.079 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Trade Balance: Goods & Services (AUD mn) | 12,329.000 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Trade Balance: sa: Goods & Services (AUD mn) | 10,495.000 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,841.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 2,501.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 4,440.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 16,190.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 16,677.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 8,762.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: Value: FOB: Korea, Republic of (AUD mn) | 2,997.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: Value: FOB: United States of America (AUD mn) | 1,702.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 14,677.000 Mar 2022 | monthly | Jan 1988 - Mar 2022 |
| Export: Value: FOB: India (AUD mn) | 2,033.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Export: Value: FOB: Japan (AUD mn) | 8,102.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
| Import: SITC: Value: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 3,158.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 4,800.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,018.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,439.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 310.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: Value: Germany (AUD mn) | 1,417.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: Value: Japan (AUD mn) | 1,836.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: Value: Singapore (AUD mn) | 1,159.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: Value: United States of America (AUD mn) | 3,101.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: Value: China (AUD mn) | 7,917.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.9 Dec 2021 | quarterly | Jun 2004 - Dec 2021 |
| Household Debt: % of GDP (%) | 124.5 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Non-Performing Loans (USD mn) | 23,645.094 Dec 2021 | quarterly | Sep 1994 - Dec 2021 |
| Money Supply M1 (USD mn) | 1,202,290.192 Apr 2022 | monthly | Feb 1975 - Apr 2022 |
| Money Supply M2 (USD mn) | 1,918,661.084 Apr 2022 | monthly | Mar 1965 - Apr 2022 |
| M2 Growth (%) | 9.4 Mar 2022 | monthly | Mar 1966 - Mar 2022 |
| Foreign Exchange Reserves (USD mn) | 35,099.6 May 2022 | monthly | Jul 1969 - May 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 2.372 Dec 2021 | quarterly | Sep 1969 - Dec 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Gold Reserves (USD mn) | 4,130.650 May 2022 | monthly | Jan 1958 - May 2022 |
| Total Deposits (USD mn) | 2,726,161.423 Mar 2022 | quarterly | Sep 2004 - Mar 2022 |
| Total Deposits Growth (%) | 10.0 Mar 2022 | quarterly | Sep 2005 - Mar 2022 |
| Domestic Credit (USD mn) | 4,118,799.2 Mar 2022 | monthly | Dec 2001 - Mar 2022 |
| Domestic Credit Growth (%) | 8.7 Mar 2022 | monthly | Dec 2002 - Mar 2022 |
| Debt Service Ratio: Households (%) | 13.300 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 17.300 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Credit to Households (USD bn) | 1,875.447 Dec 2021 | quarterly | Dec 1977 - Dec 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 2,851.407 Sep 2021 | quarterly | Mar 1971 - Sep 2021 |
| Household Debt (USD mn) | 2,082,088.4 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Total Loans (USD mn) | 2,355,920.071 Apr 2022 | monthly | Sep 1976 - Apr 2022 |
| Total Loans Growth (%) | 9.27 Apr 2022 | monthly | Sep 1977 - Apr 2022 |
| Private Debt: % of Nominal GDP (%) | 136.70 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| Money Supply: M3 (AUD bn) | 2,699.597 Apr 2022 | monthly | Jul 1959 - Apr 2022 |
| Money Supply: sa: M1 (AUD bn) | 1,693.128 Apr 2022 | monthly | Feb 1975 - Apr 2022 |
| Money Supply: sa: M3 (AUD bn) | 2,701.959 Apr 2022 | monthly | Mar 1965 - Apr 2022 |
| Official Reserve Assets: Total: in USD (USD mn) | 55,583.404 May 2022 | monthly | Jul 1969 - May 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 175.296 May 2022 | monthly | Jan 1997 - May 2022 |
| Geopolitical Risk Index (%) | 0.241 May 2022 | monthly | Jan 1985 - May 2022 |
| Exports: % of GDP (%) | 24.693 2019 | yearly | 2001 - 2019 |
| Imports: % of GDP (%) | 21.293 2019 | yearly | 2001 - 2019 |
| Business Confidence Growth (% Point) | -18.8 May 2022 | monthly | Aug 2007 - May 2022 |
| Industrial Trends Survey: Composite Index: sa: Expected (Index) | 61.700 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Composite Index: Performance of Manufacturing Index: sa (Point) | 52.400 May 2022 | monthly | Aug 2006 - May 2022 |
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