Unemployment rate in Malawi 2023

In 2023, the unemployment rate in Malawi remained nearly unchanged at around 5.04 percent. Still, 2023 marked the third consecutive decline of the unemployment rate.
The unemployment rate refers to the share of the workforce that is currently not working but is actively searching for work. It does not include the economically inactive population, such as the long-term unemployed, those aged under 15 years, or retired persons.

Find more key insights for the unemployment rate in countries like Uganda and Madagascar.