Unemployment rates: modeled vs. national estimates in Palau
Palau: Unemployment rates: modeled vs. national estimates was 2.1% in 2023. ◆ Volatile
Unemployment rates: modeled vs. national estimates in Palau, 1990–2023
Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.
Analysis
Palau recorded 2.1% for unemployment rates: modeled vs. national estimates in 2023.
That represents a change of up 173.3% on the previous year and up 54.1% over ten years.
Over the whole period, unemployment rates: modeled vs. national estimates in Palau peaked at 7.8% in 1990 and was at its lowest, 0.8%, in 2020.
Palau ranks 166th of 185 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 7.0% | 7.8% | 2 |
| 2000s | 3.7% | 3.3% | 4.2% | 2 |
| 2010s | 1.4% | 1.4% | 1.4% | 1 |
| 2020s | 1.4% | 0.8% | 2.1% | 2 |
Countries ranked near Palau
More reference data data for Palau
- Free country 2 (2025)
- Competitive elections 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Civil liberties rating 1 (2025)
- Universal right to vote 2 (2025)
- Democracy 7 (2025)
- Consumer price index 160.77 2010 = 100 (2025)
- Universal right to vote in practice 2 (2025)
Frequently asked questions
- What is unemployment rates: modeled vs. national estimates in Palau?
- Unemployment rates: modeled vs. national estimates in Palau was 2.1% in 2023, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest unemployment rates: modeled vs. national estimates recorded in Palau?
- The highest recorded value was 7.8% in 1990.
- What is the lowest unemployment rates: modeled vs. national estimates recorded in Palau?
- The lowest recorded value was 0.8% in 2020.
- How does Palau rank for unemployment rates: modeled vs. national estimates?
- Palau ranks 166th out of 185 countries with data for 2023.
- Is unemployment rates: modeled vs. national estimates rising or falling in Palau?
- Over the last ten years it is up 54.1%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.
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About this data
Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.