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.
Unemployment rates: modeled vs. national estimates in Palau, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 7.8% | — |
| 1995 | 7.0% | -9.4% |
| 2000 | 3.3% | -53.0% |
| 2005 | 4.2% | +26.5% |
| 2014 | 1.4% | -67.5% |
| 2020 | 0.8% | -43.6% |
| 2023 | 2.1% | +173.3% |
Palau compared with similar countries
- Palau's 2.1% is below the median for high income countries, which is 4.9%, 43% of the median. (77 countries reporting)
- Palau's 2.1% is below the median for East Asia & Pacific, which is 3.5%, 60% of the median. (34 countries reporting)
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
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Civil liberties rating 1 (2025)
- Consumer price index 160.77 2010 = 100 (2025)
- Free country 2 (2025)
- Free country, gaps filled 2 (2025)
- Civil liberties rating, gaps filled 1 (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.