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Countries historical unemployment per GDP

Description

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

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Analysis

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Legend
Gdp: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. This metric is expressed in current US$.
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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