Unemployment in Taiwan
The unemployment rate in Taiwan averaged 3.7% in the decade to 2024, below the 4.5% average for East & South Asia. The unemployment rate in Taiwan was 3.4% in 2024. For more information on unemployment, visit our dedicated page.
Taiwan Unemployment Chart
Note: This chart displays Unemployment Rate for Taiwan from 2024 to 2023.
Source: Macrobond.
Taiwan Unemployment Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 3.8 | 4.0 | 3.7 | 3.5 | 3.4 |
| Unemployment (% of active population, eop) | 3.7 | 3.6 | 3.5 | 3.3 | 3.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Taiwanese unemployment projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Taiwanese unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Taiwanese unemployment projections.
Want to get access to the full dataset of Taiwanese unemployment forecasts? Send an email to info@focus-economics.com.