Australia Forecast: Unemployment Rate
1980 - 2029 | Yearly | % | International Monetary Fund
Key information about Australia Unemployment Rate Forecast
- Australia Unemployment Rate is forecasted to be 4.150 % in Dec 2024 as reported by International Monetary Fund
- It records a decrease from the last reported number of 3.692 % in Dec 2023
- Looking ahead, Australia Unemployment Rate is projected to stand at 4.524 % in Dec 2029
- 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 2029 in the chart:
What is Australia's Forecast: Unemployment Rate in 2029?
Australia Unemployment Rate is forecasted to be 4.150 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.524 2029 | 4.545 2028 | 3.692 2023 | 10.883 1993 | % | yearly | 1980 - 2029 |
Forecast: Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 10.700 2029 | yearly | 1980 - 2029 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.550 2029 | yearly | 2010 - 2029 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.000 2029 | yearly | 1980 - 2029 |
| Armenia (%) | 14.000 2029 | yearly | 2001 - 2029 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.524 2029 | yearly | 1980 - 2029 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.098 2029 | yearly | 2000 - 2029 |
| Bahamas (%) | 9.500 2029 | yearly | 1986 - 2029 |
| Bahrain (%) | 6.300 2023 | yearly | 2007 - 2023 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 7.677 2029 | yearly | 1981 - 2029 |
| Belarus (%) | 2.898 2029 | yearly | 1993 - 2029 |
| Belgium (%) | 5.700 2029 | yearly | 1980 - 2029 |
| Belize (%) | 3.400 2029 | yearly | 1990 - 2029 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 5.200 2029 | yearly | 2000 - 2029 |
| Bosnia and Herzegovina (%) | 13.200 2029 | yearly | 1995 - 2029 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.482 2029 | yearly | 1991 - 2029 |
| Brunei (%) | 4.900 2029 | yearly | 2011 - 2029 |
| Bulgaria (%) | 4.000 2029 | yearly | 1989 - 2029 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.960 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 8.500 2029 | yearly | 1980 - 2029 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.500 2029 | yearly | 1980 - 2029 |
| China (%) | 5.100 2029 | yearly | 2017 - 2029 |
| Colombia (%) | 9.400 2029 | yearly | 1980 - 2029 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.466 2029 | yearly | 1991 - 2029 |
| Cyprus (%) | 4.979 2029 | yearly | 1982 - 2029 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2029 | yearly | 1991 - 2029 |
| Ecuador (%) | 3.500 2029 | yearly | 1988 - 2029 |
| Egypt (%) | 5.502 2029 | yearly | 1990 - 2029 |
| El Salvador (%) | 5.216 2029 | yearly | 1988 - 2029 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 6.508 2029 | yearly | 1993 - 2029 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2029 | yearly | 1986 - 2029 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 14.500 2029 | yearly | 1996 - 2029 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| 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 (%) | 8.000 2029 | yearly | 1980 - 2029 |
| Hong Kong SAR, China (%) | 2.669 2029 | yearly | 1980 - 2029 |
| Hungary (%) | 3.689 2029 | yearly | 1980 - 2029 |
| Iceland (%) | 4.000 2029 | yearly | 1980 - 2029 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2029 | yearly | 1984 - 2029 |
| Iran (%) | 9.000 2029 | yearly | 1990 - 2029 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 3.900 2029 | yearly | 1980 - 2029 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 4.400 2023 | yearly | 1980 - 2023 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 21.975 2023 | yearly | 1984 - 2023 |
| Kazakhstan (%) | 4.775 2029 | yearly | 1994 - 2029 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.000 2029 | yearly | 1980 - 2029 |
| Kosovo (%) | 10.875 2023 | yearly | 2012 - 2023 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 9.014 2029 | yearly | 1994 - 2029 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.286 2029 | yearly | 1992 - 2029 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doAustralia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.3 Dec 2024 | quarterly | Jun 2003 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -12,444.654 Dec 2024 | quarterly | Sep 2002 - Dec 2024 |
| Tax Revenue (USD mn) | 139,079.685 Dec 2024 | quarterly | Sep 2002 - Dec 2024 |
| Tax Revenue: % of GDP (%) | 29.8 Dec 2024 | quarterly | Sep 2002 - Dec 2024 |
| National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
| Government Debt: % of GDP (%) | 38.0 2023 | yearly | 1999 - 2023 |
| Forecast: Government Expenditure (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
| Forecast: Government Net Debt (AUD bn) | 1,568.589 2029 | yearly | 1989 - 2029 |
| Forecast: Government Revenue (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.969 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 3,220.8 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Total Exports (USD mn) | 27,886.7 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Total Exports Growth (%) | -2.9 Dec 2024 | monthly | Jul 1972 - Dec 2024 |
| Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,275,238.605 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,826,091.258 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 24,665.9 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Total Imports Growth (%) | 9.2 Dec 2024 | monthly | Jul 1972 - Dec 2024 |
| Imports: Medicament (USD th) | 6,491,110.930 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 5,075,721.723 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 1,897.033 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Total Imports from USA (USD mn) | 2,925.675 Dec 2024 | monthly | Apr 1969 - Dec 2024 |
| Total Exports to China (USD mn) | 10,618.951 Dec 2024 | monthly | Apr 1969 - Dec 2024 |
| Total Imports from China (USD mn) | 5,713.268 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Trade Balance: Goods (AUD mn) | 9,099.000 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Trade Balance: sa: Goods (AUD mn) | 5,085.000 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 16,776.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 15,479.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,859.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,431.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 5,964.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 7,704.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: Korea, Republic of (AUD mn) | 3,471.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: Japan (AUD mn) | 6,663.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 16,765.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: United States of America (AUD mn) | 2,995.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export: Value: FOB: India (AUD mn) | 2,744.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| 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) | 3,541.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,671.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 5,174.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 2,028.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 346.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: Germany (AUD mn) | 1,268.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: United States of America (AUD mn) | 4,619.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: Japan (AUD mn) | 2,349.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: Singapore (AUD mn) | 1,294.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Import: Value: China (AUD mn) | 9,020.000 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Export Value Index (2015=100) | 183.729 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 125.258 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.1 Dec 2024 | quarterly | Jun 2004 - Dec 2024 |
| Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Non-Performing Loans (USD mn) | 29,158.502 Dec 2024 | quarterly | Sep 1994 - Dec 2024 |
| Money Supply M1 (USD mn) | 1,104,298.440 Jan 2025 | monthly | Feb 1975 - Jan 2025 |
| Money Supply M2 (USD mn) | 1,955,356.442 Jan 2025 | monthly | Mar 1965 - Jan 2025 |
| M2 Growth (%) | 5.3 Jan 2025 | monthly | Mar 1966 - Jan 2025 |
| Foreign Exchange Reserves (USD mn) | 41,949.7 Feb 2025 | monthly | Jul 1969 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 2.339 Dec 2024 | quarterly | Sep 1969 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
| Gold Reserves (USD mn) | 5,914.735 Feb 2025 | monthly | Jan 1958 - Feb 2025 |
| Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
| Total Deposits Growth (%) | 6.2 Dec 2024 | quarterly | Sep 2005 - Dec 2024 |
| Domestic Credit (USD mn) | 3,589,486.1 Jan 2025 | monthly | Dec 2001 - Jan 2025 |
| Domestic Credit Growth (%) | 2.7 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Debt Service Ratio: Households (%) | 17.500 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 21.500 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 2,082.780 Sep 2024 | quarterly | Dec 1977 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 3,198.683 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
| Household Debt (USD mn) | 2,206,853.7 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Total Loans (USD mn) | 2,347,078.147 Jan 2025 | monthly | Sep 1976 - Jan 2025 |
| Total Loans Growth (%) | 7.03 Jan 2025 | monthly | Sep 1977 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 126.28 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Money Supply: sa: M3 (AUD bn) | 3,132.580 Jan 2025 | monthly | Mar 1965 - Jan 2025 |
| Money Supply: sa: M1 (AUD bn) | 1,769.142 Jan 2025 | monthly | Feb 1975 - Jan 2025 |
| Money Supply: M3 (AUD bn) | 3,142.286 Jan 2025 | monthly | Jul 1959 - Jan 2025 |
| Official Reserve Assets: Total: in USD (USD mn) | 65,120.000 Feb 2025 | monthly | Jul 1969 - Feb 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 134.660 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Geopolitical Risk Index (%) | 0.165 Feb 2025 | monthly | Jan 1985 - Feb 2025 |
| Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
| Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
| Business Confidence Growth (% Point) | -1.0 Feb 2025 | monthly | Jul 2013 - Feb 2025 |
| Industrial Trends Survey: Composite Index: sa: Expected (Index) | 57.400 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
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