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| 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 |
| View All | |
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.
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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.
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 |