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Countries historical unemployment per expense

Description

This scatter chart displays unemployment (% of total labor force) against expense (% of GDP). The data is from our countries entity.

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Analysis

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Legend
Expense: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. This metric is expressed in % of GDP.
Unemployment: Unemployment refers to the share of the labor force that is without work but available for and seeking employment. (ILO estimates) This metric is expressed in % of total labor force.

Details

This chart is based on data from: World Bank

Updated: 16 days ago

This chart can be used under the CC BY 4.0 license

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