Relationship between inflation and unemployment

33 days ago
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This scatter chart displays inflation (annual %) against unemployment (% of total labor force). The data is from the countries entity.

Analysis

type Type: Scatter Chartdropdown

Legend

There are 2 fields used on this chart (including filters):
  • inflation: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. This field is expressed in annual %.
  • unemployment: Unemployment refers to the share of the labor force that is without work but available for and seeking employment (ILO estimates). This field is expressed in % of total labor force.

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Details

This chart is based on data from: SIPRI, World Bank, Reporters Without Borders

This chart can be used under the CC BY 4.0 license

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