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] | 76.8% (2019) [5] | May 2023 |
Azerbaijan | 5.0% | 63.0% (2018) [3] | - |
Belarus [6] | 1.0% | 67.5% (2018) [3] | 2015 |
Belgium | 5.7% [4] | 70.5% (2019) [5] | May 2023 |
Bosnia and Herzegovina [7] | 15.7% | 35.2% (2019) [3] | 2018 |
Bulgaria | 3.9% [4] | 75.0% (2019) [5] | May 2023 |
Croatia | 5.6% [4] | 66.7% (2019) [5] | June 2023 |
Cyprus | 4.9% [4] | 75.7% (2019) [5] | May 2023 |
Czech Republic | 2.4% [4] | 80.3% (2019) [5] | May 2023 |
Denmark | 4.9% [4] | 78.3% (2019) [5] | May 2023 |
Estonia | 6.2% [4] | 80.2% (2019) [5] | May 2023 |
Finland | 7.0% [4] | 77.2% (2019) [5] | December 2020 |
France | 7.0% [4] | 71.6% (2019) [5] | May 2023 |
Georgia | 12.4% | 55.8% (2018) [3] | - |
Germany | 2.8% [4] | 80.6% (2019) [5] | May 2023 |
Greece | 9.6% [4] | 61.2% (2019) [5] | June 2024 |
Hungary | 3.8% [4] | 75.3% (2019) [5] | May 2023 |
Iceland | 3.2% [4] | 85.9% (2019) [5] | May 2023 |
Ireland | 3.8% [4] | 75.1% (2019) [5] | May 2023 |
Italy | 7.6% [4] | 63.5% (2019) [5] | May 2023 |
Kazakhstan | 5.0% | 66.6% (2017) [3] | - |
Kosovo [8] | 25.9% | 24.8% (2018) [3] | 2018 |
Latvia | 5.7% [4] | 77.4% (2019) [5] | May 2023 |
Liechtenstein [9] | 1.8% | 59.1% (2017) [3] | 2017 |
Lithuania | 7.2% [4] | 78.2% (2019) [5] | May 2023 |
Luxembourg | 4.9% [4] | 72.8% (2019) [5] | May 2023 |
Malta | 2.8% [4] | 77.2% (2019) [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] | 80.1% (2019) [5] | May 2023 |
North Macedonia [12] | 13.1% | 45.5% | 2023 Q2 |
Norway | 3% [4] | 79.5% (2019) [5] | May 2023 |
Poland | 2.7% [4] | 73.0% (2019) [5] | May 2023 |
Portugal | 6.4% [4] | 76.1% (2019) [5] | May 2023 |
Romania | 5.5% [4] | 70.9% (2019) [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% | 65.2% (2019) [5] | 2020 Q2 |
Slovakia | 6% [4] | 73.4% (2019) [5] | May 2023 |
Slovenia | 3.6% [4] | 76.4% (2019) [5] | May 2023 |
Spain | 12.7% [4] | 68.0% (2019) [5] | May 2023 |
Sweden | 7.1% [4] | 82.1% (2019) [5] | May 2023 |
Switzerland | 5.1% [15] | 82.9% (2019) [5] | December 2020 |
Turkey | 12.2% [15] | 53.8% (2019) [5] | January 2021 |
Ukraine [16] | 9.4% | 57.1% (2018) [3] | 2015 |
United Kingdom | 4.9% [15] | 79.3% (2019) [5] | September 2020 |
Vatican City | - | - |
The economy of Denmark is a modern high-income and highly developed mixed economy. The economy of Denmark is dominated by the service sector with 80% of all jobs, whereas about 11% of all 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 Greece is the 54th largest in the world, with a nominal gross domestic product (GDP) of $250.276 billion per annum. In terms of purchasing power parity, Greece is the world's 55th largest economy, at $430.125 billion per annum. As of 2023, Greece is the sixteenth largest economy in the European Union and eleventh largest in the eurozone. According to the International Monetary Fund's figures for 2024, Greece's GDP per capita is $23,966 at nominal value and $41,188 at purchasing power parity. Among OECD nations, Greece has a highly efficient and strong social security system; social expenditure stood at roughly 24.1% of GDP.
The economy of Liechtenstein is based on industry, with a small but significant agricultural sector, and services. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 85% of its energy requirements. Liechtenstein has been a member of the European Free Trade Association (EFTA) since 1991. It also has been a member of the European Economic Area (EEA) since May 1995 and participates in the Schengen Agreement for passport-free intra-European travel.
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 Romania is a 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 92% of the EU average in 2022. 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 has a highly efficient and strong social security system; social expenditure stood at roughly 24.1% of GDP.
The economy of Belgium is a highly developed, high-income, mixed economy.
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth.
The economy of North America comprises more than 596 million people in its 24 sovereign states and 15 dependent territories. It is marked by a sharp division between the predominantly English speaking countries of Canada and the United States, which are among the wealthiest and most developed nations in the world, and countries of Central America and the Caribbean in the former Latin America that are less developed. Mexico and Caribbean nations of the Commonwealth of Nations are between the economic extremes of the development of North America.
The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign financial output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.
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 $19.35 trillion (nominal) in 2024 or $26.64 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 2022, the social welfare expenditure of the European Union (EU) as a whole was 19.5% 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.