Relationship between unemployment and central government debt

24 days ago
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This scatter chart displays unemployment (% of total labor force) against central government debt (% of GDP). The data is from the regions entity.

Analysis

type Type: Scatter Chartdropdown

Legend

There are 2 fields used on this chart (including filters):
  • central government debt: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. This field 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 field is expressed in % of total labor force.

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Details

This chart is based on data from: World Bank

This chart can be used under the CC BY 4.0 license

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