What is the unemployment rate in Laos?

Characteristic Unemployment rate
2020 0.95%
2019 0.62%
2018 0.64%
2017 0.65%

Why does Laos have such a low unemployment rate?

Due to a lack of labourers, Dr Leeber said project developers and companies import labourers from other countries. Laos is similar to Thailand in a way that the unemployment rate has been low not because of different definitions from other countries but because of structural problems.

What country has the lowest unemployment rate in the world?

Lowest Unemployment Rates

  • Qatar: 0.1%
  • Solomon Islands: 0.5%
  • Niger: 0.5%
  • Lao People’s Democratic Republic: 0.6%
  • Cambodia: 0.7%
  • Bahrain: 0.8%
  • Thailand: 0.8%
  • Rwanda: 1%

How many people are employed in Laos?

Employment to Population Ratio for the Lao People’s Democratic Republic (SLEMPTOTLSPZSLAO) Download

2020: 76.60
2018: 77.66
2017: 77.69
2016: 77.72
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What is the inflation rate in Laos?

In 2019, the average inflation rate in Laos amounted to about 3.32 percent compared to the previous year.

Laos: Inflation rate from 1986 to 2026 (compared to the previous year)

Characteristic Inflation rate compared to previous year
2020* 5.07%
2019 3.32%
2018 2.04%
2017 0.66%

Which country has the best unemployment benefits?

Countries With the best unemployment benefits

  • Luxembourg. Luxembourg has a net replacement rate of 86% of their average wage and 94% for people making minimum wage. …
  • Bulgaria. …
  • Portugal. …
  • Switzerland. …
  • Netherlands. …
  • France. …
  • Germany. …
  • Belgium.
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Which country has more unemployment?

Country Comparison > Unemployment rate

Rank Country Unemployment rate (%)
1 Burkina Faso 77
2 Syria 50
3 Senegal 48
4 Haiti 40.6
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