Unemployment Rate for Fiji



Indicator Definition:
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

The statistic "Unemployment Rate" stands at 4.31 percent as of 12/31/2024, the lowest value since 12/31/2016.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.015 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.015.
The 3 year change in percentage points is -0.394.
The 5 year change in percentage points is -0.066.
The 10 year change in percentage points is -0.018.

The Serie's long term average value is 4.47 percent. It's latest available value, on 12/31/2024, is 0.163 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2005, to it's latest available value, on 12/31/2024, is +0.421.
The Serie's change in percentage points from it's maximum value, on 12/31/2002, to it's latest available value, on 12/31/2024, is -0.462.

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