This is a list of European countries by unemployment and employment rate.
Blue | below 5% |
Green | 5.0 to 9.9% |
Orange | 10 to 14.9% |
Red | over 15% |
State (51) [1] | Unemployment rate | Employment rate | Date |
---|---|---|---|
Albania | 17.5% [2] | 50.2% (2017) [3] | 2015 |
Andorra | 3.7% | - | 2016 |
Armenia | 16.6% | 50.1% (2017) [3] | - |
Austria | 4.6% [4] | 77.2% (2023) [5] | May 2023 |
Azerbaijan | 5.0% | 63.0% (2018) [3] | - |
Belarus [6] | 1.0% | 67.5% (2018) [3] | 2015 |
Belgium | 5.7% [4] | 72.1% (2023) [5] | May 2023 |
Bosnia and Herzegovina [7] | 15.7% | 55.9% (2023) [5] | 2018 |
Bulgaria | 3.9% [4] | 76.2% (2023) [5] | May 2023 |
Croatia | 5.6% [4] | 70.8% (2023) [5] | June 2023 |
Cyprus | 4.9% [4] | 79.5% (2023) [5] | May 2023 |
Czech Republic | 2.4% [4] | 81.7% (2023) [5] | May 2023 |
Denmark | 4.9% [4] | 79.8% (2023) [5] | May 2023 |
Estonia | 6.2% [4] | 82.1% (2023) [5] | May 2023 |
Finland | 7.0% [4] | 78.2% (2023) [5] | December 2020 |
France | 7.0% [4] | 74.4% (2023) [5] | May 2023 |
Georgia | 12.4% | 55.8% (2018) [3] | - |
Germany | 2.8% [4] | 81.1% (2023) [5] | May 2023 |
Greece | 9.6% [4] | 67.4% (2023) [5] | June 2024 |
Hungary | 3.8% [4] | 80.7% (2023) [5] | May 2023 |
Iceland | 3.2% [4] | 85.3% (2023) [5] | May 2023 |
Ireland | 3.8% [4] | 79.1% (2023) [5] | May 2023 |
Italy | 7.6% [4] | 66.3% (2023) [5] | May 2023 |
Kazakhstan | 5.0% | 66.6% (2017) [3] | - |
Kosovo [8] | 25.9% | 24.8% (2018) [3] | 2018 |
Latvia | 5.7% [4] | 77.5% (2023) [5] | May 2023 |
Liechtenstein [9] | 1.8% | 59.1% (2017) [3] | 2017 |
Lithuania | 7.2% [4] | 78.5% (2023) [5] | May 2023 |
Luxembourg | 4.9% [4] | 74.8% (2023) [5] | May 2023 |
Malta | 2.8% [4] | 81.3% (2023) [5] | May 2023 |
Moldova [10] | 6.3% | 42.0% (2018) [3] | 2017 Q1 |
Monaco | 2.0% | 47.9% (2016) [3] | 2012 |
Montenegro [11] | 17.3% | 47.5% (2018) [3] | 2015 |
Netherlands | 3.5% [4] | 83.5% (2023) [5] | May 2023 |
North Macedonia [12] | 12.5% | 45.6% | 2024 Q2 |
Norway | 3% [4] | 80.4% (2023) [5] | May 2023 |
Poland | 2.7% [4] | 77.9% (2023) [5] | May 2023 |
Portugal | 6.4% [4] | 78.0% (2023) [5] | May 2023 |
Romania | 5.5% [4] | 68.7% (2023) [5] | May 2023 |
Russia [13] | 5.8% | 59.8% (2018) [3] | 2015 |
San Marino | 8.0% | 70.6% (2017) [3] | 2017 |
Serbia [14] [ circular reference ] | 7.5% | 69.6% (2023) [5] | 2020 Q2 |
Slovakia | 6% [4] | 77.5% (2023) [5] | May 2023 |
Slovenia | 3.6% [4] | 77.5% (2023) [5] | May 2023 |
Spain | 11.2% [15] | 70.5% (2023) [5] | October 2024 |
Sweden | 7.1% [4] | 82.6% (2023) [5] | May 2023 |
Switzerland | 5.1% [16] | 83.1% (2023) [5] | December 2020 |
Turkey | 12.2% [16] | 57.3% (2023) [5] | January 2021 |
Ukraine [17] | 9.4% | 57.1% (2018) [3] | 2015 |
United Kingdom | 4.9% [16] | 79.3% (2019) [18] | September 2020 |
Vatican City | - | - |
The economy of the Czech Republic is a developed export-oriented social market economy based in services, manufacturing, and innovation that maintains a high-income welfare state and the European social model. The Czech Republic participates in the European Single Market as a member of the European Union, and is therefore a part of the economy of the European Union. It uses its own currency, the Czech koruna, instead of the euro. It is a member of the Organisation for Economic Co-operation and Development (OECD). The Czech Republic ranks 16th in inequality-adjusted human development and 24th in World Bank Human Capital Index, ahead of countries such as the United States, the United Kingdom or France. It was described by The Guardian as "one of Europe's most flourishing economies".
Denmark is a modern high-income and highly developed mixed economy, dominated by the service sector with 80% of all jobs; about 11% of employees work in manufacturing and 2% in agriculture. The nominal Gross National Income per capita was the ninth-highest in the world at $68,827 in 2023.
The economy of Estonia is rated advanced by the World Bank, i.e. with high quality of life and advanced infrastructure relative to less industrialized nations. Estonia is a member of the European Union, eurozone and OECD The economy is heavily influenced by developments in the Finnish and Swedish economies.
The economy of Malta is a highly industrialised service-based economy. It is classified as an advanced economy by the International Monetary Fund and is considered a high-income country by the World Bank and an innovation-driven economy by the World Economic Forum. It is a member of the European Union and of the eurozone, having formally adopted the euro on 1 January 2008.
The economy of Poland is an emerging and developing, high-income, industrialized, mixed economy that serves as the sixth-largest in the European Union by nominal GDP and fifth-largest by GDP (PPP). Poland boasts the extensive public services characteristic of most developed economies and is one of few countries in Europe to provide no tuition fees for undergraduate and postgraduate education and with universal public healthcare that is free at a point of use. Since 1988, Poland has pursued a policy of economic liberalisation but retained an advanced public welfare system. It ranks 20th worldwide in terms of GDP (PPP), 21st in terms of GDP (nominal), and 21st in the 2023 Economic Complexity Index. Among OECD nations, Poland has a highly efficient and strong social security system; social expenditure stood at roughly 22.7% of GDP.
The economy of Romania is a developing high-income mixed economy, with a high degree of complexity. It ranks 12th in the European Union by total nominal GDP and 7th largest when adjusted by purchasing power (PPP). The World Bank notes that Romania's efforts are focused on accelerating structural reforms and strengthening institutions in order to further converge with the European Union. The country's economic growth has been one of the highest in the EU since 2010, with 2022 seeing a better-than-expected 4.8% increase.
The economy of Slovakia is based upon Slovakia becoming an EU member state in 2004, and adopting the euro at the beginning of 2009. Its capital, Bratislava, is the largest financial centre in Slovakia. As of Q1 2018, the unemployment rate was 5.72%.
The economy of Slovenia is a developed mixed economy. The country enjoys a high level of prosperity and stability as well as above-average GDP per capita by purchasing power parity at 91% of the EU average in 2023. The nominal GDP in 2023 is 68.108 billion USD, nominal GDP per capita (GDP/pc) in 2023 is USD 32,350. The highest GDP/pc is in central Slovenia, where the capital city Ljubljana is located. It is part of the Western Slovenia statistical region, which has a higher GDP/pc than eastern Slovenia.
The Economy of Switzerland is one of the world's most advanced and a highly-developed free market economy. The economy of Switzerland has ranked first in the world since 2015 on the Global Innovation Index and third in the 2020 Global Competitiveness Report. According to United Nations data for 2016, Switzerland is the third richest landlocked country in the world after Liechtenstein and Luxembourg. Together with the latter and Norway, they are the only three countries in the world with a GDP per capita (nominal) above US$90,000 that are neither island nations nor ministates. Among OECD nations, Switzerland holds the 3rd-largest GDP per capita. Switzerland has a highly efficient and strong social security system; social expenditure stood at roughly 24.1% of GDP.
The economy of the Netherlands is a highly developed market economy focused on trade and logistics, manufacturing, services, innovation and technology and sustainable and renewable energy. It is the world's 18th largest economy by nominal GDP and the 28th largest by purchasing power parity (PPP) and is the fifth largest economy in European Union by nominal GDP. It has the world's 11th highest per capita GDP (nominal) and the 13th highest per capita GDP (PPP) as of 2023 making it one of the highest earning nations in the world. Many of the world's largest tech companies are based in its capital Amsterdam or have established their European headquarters in the city, such as IBM, Microsoft, Google, Oracle, Cisco, Uber, Netflix and Tesla. Its second largest city Rotterdam is a major trade, logistics and economic center of the world and is Europe's largest seaport. Netherlands is ranked fifth on global innovation index and fourth on the Global Competitiveness Report. Among OECD nations, Netherlands has a highly efficient and strong social security system; social expenditure stood at roughly 25.3% of GDP.
The economy of Belgium is a highly developed, high-income, mixed economy.
The economy of Austria is a highly developed social market economy, with the country being one of the fourteen richest in the world in terms of GDP per capita. Until the 1980s, many of Austria's largest industry firms were nationalised. In recent years, privatisation has reduced state holdings to a level comparable to other European economies. Among OECD nations, Austria has a highly efficient and strong social security system; social expenditure stood at roughly 29.4% of GDP.
The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the second largest economy in the world in nominal terms, after the United States, and the third largest at purchasing power parity (PPP), after China and the US. The European Union's GDP is estimated to be $19.40 trillion (nominal) in 2024 or $28.04 trillion (PPP), representing around one-sixth of the global economy. Germany has the biggest national GDP of all EU countries, followed by France and Italy. In 2023, the social welfare expenditure of the European Union (EU) as a whole was 26.8% of its GDP.
"Tatra Tiger" is a nickname that refers to the economy of Slovakia in period 2002 – 2007, following the ascendance of a right-leaning coalition in September 2002 which engaged in a program of liberal economic reforms. The name "Tatra Tiger" derives from the local Tatra mountain range.
The Ionian Islands Region is the smallest by area of the thirteen administrative regions of Greece located in the Ionian Sea. It comprises all the Ionian Islands except Kythera, which, although historically part of the island group, was separated and integrated to the Attica Region.