It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. (2016 est.) facts. government consumption: Youth Unemployment Rate. Statista. $404.3 million Samoa Unemployment rate. 207 Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by . Opposition to New Zealand's rule quickly grew. Advertising | The service sector accounts for nearly two-thirds of GDP and employs approximately 50% of the labor force. Accessed April 25, 2023. agriculture: 10.4% Figures have been rounded. Youth unemployment rate in Samoa in 2022 Published by Aaron O'Neill , May 12, 2023 The youth unemployment rate in Samoa increased by 0.8 percentage points since the previous year. (2015 est. 9.09% The description is composed by our digital data assistant. (31 December 2017 est.) [see also: Unemployment rate country ranks ], Population below poverty line: NA If you are an admin, please authenticate by logging in again. (2017 est.) In 2018, 86.5 per cent of students progressed from primary to secondary school; a fall from 93.7 per cent in 2014, the bureau found. $5,700 Samoa has recorded its eighth consecutive quarter (or two years) of declining job opportunities as the economy continues to be buffeted by the COVID-19 led economic recession. (2017 est.) Unemployment rate: 5.2% (2017 est.) Samoa | World Bank Development Indicators. [see also: Imports country ranks ], Imports - commodities: machinery and equipment, industrial supplies, foodstuffs, Imports - partners: NZ 22%, Singapore 20.7%, US 12.5%, China 10.1%, Australia 8.6%, Fiji 5.2% No claims are made regarding the accuracy of Samoa Economy 2020 information contained here. Many of the people in Samoa rely on agriculture as their main source of income. The report found headline employment numbers in the quarter decreased by 0.2 per cent. Unemployment rate: 29.8% 2005: 3rd out of 15: SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks . 01 July 2023, 1:09PM, France-bound Maliko available for Olympics. (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): If you continue to navigate this website beyond this page, cookies will be placed on your browser. 01 July 2023, 6:00PM. 2.3318 Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, In late September 2009, an earthquake and the resulting tsunami devastated American Samoa and nearby Samoa, disrupting transportation and power generation, and resulting in about. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). Retrieved 2015-12-18. (2017 est.) [see also: GDP - composition, by end use - investment in inventories country ranks ] Unemployment, total (% of total labor force) (modeled ILO estimate) - American Samoa from The World Bank: Data Unemployment rate: 5.2% (2017 est.) Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis. While the total wages amounted to $142.7 million, males received the biggest share of 54 per cent while females received 46 per cent of total wages. -$37 million 01 July 2023, 9:30PM, Minister assures border safety at Aleipata. What is unemployment rate? 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. Print Subscription | NAcountry comparison to the world (CIA rank, may be based on non-current data): NA Samoan rugby sevens sensation Vaafauese Apelu Maliko has credited God, hard work, By Gutu Faasau 95 [see also: Debt - external country ranks ], Exchange rates: tala (SAT) per US dollar - Our website uses cookies to improve your online experience. (2017 est.) The Minister of Works, Transport and Infrastructure, Olo Fiti Vaai has assured tha By Talaia Mika (2015 est.) CLASSIFICATION A: STEVEDORING, LIGHTERAGE, AND MARITIME SHIPPING AGENCY ACTIVITIES $6.39 beginning September 30, 2018 | $6.79 beginning September 30, 2021 CLASSIFICATION B: UNLOADING OF FISH $6.22 beginning September 30, 2018 | $6.62 beginning September 30, 2021 CLASSIFICATION C: ALL OTHER ACTIVITIES [see also: Stock of narrow money country ranks ], Stock of broad money: That reading shows from the level of percent in the previous month and from the level of percent in the same month of the previous year. May 10, 2023. White label accounts can distribute our data. Samoa. 2023 Data 2024 Forecast 1991-2022 Historical, Unemployment, total (% of total labor force) (modeled ILO estimate) in Samoa was reported at 10.31 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. The effects of COVID-19 worldwide with its national restrictions contributed to this downturn in performance, read the report. The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. (2017 est. )country comparison to the world (CIA rank, may be based on non-current data): Participation Rate. (2017), Exports - commodities: fish, coconut oil and cream, nonu, copra, taro, automotive parts, garments, beer, Imports: [see also: Industrial production growth rate country ranks ], Labor force: 50,700 services: 66% 186 Unemployment, female (% of female labor force) (modeled ILO estimate), Unemployment, female (% of female labor force) (national estimate), Unemployment, total (% of total labor force) (modeled ILO estimate), Unemployment, male (% of male labor force) (modeled ILO estimate), Unemployment, male (% of male labor force) (national estimate), Unemployment with advanced education (% of total labor force with advanced education), Unemployment with basic education, female (% of female labor force with basic education), Share of youth not in education, employment or training, female (% of female youth population), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. (31 December 2013 est. (31 December 2017 est.) agriculture: 65% Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Please enable Javascript in current site to keep going. Labor Force Environment Crime Immigration Other Unemployment Rate Youth Unemployment Rate Participation Rate Unemployment refers to the share of the labor force that is without work but available for and seeking employment. [see also: Budget - expenditures country ranks ], Taxes and other revenues: 28.2% (of GDP) The Unemployment rate of Samoa attained a value of 7.35 % in 2021. $122.5 million [see also: Labor force - by occupation - industry country ranks ] [see also: GDP - composition, by end use - investment in fixed capital country ranks ] New Zealand annexed Samoa in 1914 after the outbreak of World War I. Industry revenue of manufacture of agricultural and forestry machinery in the Netherland Find your information in our database containing over 20,000 reports. Labour Force Statistics database ( LFS ) ILOSTAT. [see also: Labor force country ranks ], Labor force - by occupation: )country comparison to the world (CIA rank, may be based on non-current data): The unemployment rate for May 2023 stood at 2.8 per cent, declining by 0.1 percentage points from the previous month and by 0.3 percentage points from the same month last year (Table 1). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Contact | International Labour Organization. The latest value from 2021 is 9.91 percent. 52.6% of GDP 181 It has a nominal GDP of $844 million. 5.2% (31 December 2016 est. (31 December 2016 est. The Employment Index experienced negative growths in the previous years and has continued on to the quarter under review which makes it the eighth consecutive decline after a positive growth rate recorded in September 2019. )country comparison to the world (CIA rank, may be based on non-current data): Samoa unemployment rate for 2020 was 9.15%, a 0.74% increase from 2019. For comparison, the world average in 2021 based on 178 countries is 8.01 percent. You can cancel anytime. All suggestions for corrections of any errors about Samoa Economy 2020 should be addressed to the CIA or the source cited on each page. [see also: GDP - composition, by sector of origin - agriculture country ranks ] (2013 est.). Employers, total (% of total employment) (modeled ILO estimate) in Samoa was reported at 2.7047 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. July 15, 2010. The negative growth in employment numbers since December 2019 were contained in a Samoa Bureau of Statistics report for the September quarter of this year. -$19 million 4 Samoa Bureau of Statistics et al. ^ "Lolo Administration is confident "in the future strength of our economy" ". American Samoa's minimum wage rates are set for particular industries, not for an employee's particular occupation. (2017 est.) (2016 est.) (2017 est.) (2017), Reserves of foreign exchange and gold: Accessed April 25, 2023. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Males and the 25 to 74 age group being the major contributors to the overall level of unemployment. Standard users can export data in a easy to use web interface or using an excel add-in. Profit from the additional features of your individual account. St. Louis, MO 63102, More Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. [permanent dead link] ^ "Current Unemployment Rates for States and Historical Highs/Lows". The employment rate in Samoa. (2018 est.) industry: 23.6% [see also: Exports country ranks ], Exports - partners: Australia 22.9%, NZ 22.8%, American Samoa 22.1%, Afghanistan 14.9%, US 5.9% expenditures: 276.8 million Exchange rates have remained steady, while inflation in food and fuel prices has eased. An efficient statistical system that provides trusted and valued statistics to inform policy and decision making for the benefit of Samoa, 2023 | Samoa Bureau of Statistics, All Right Reserved, SBS Strategy for Development of Statistics, HIES - Household Income and Expenditure Survey, SAMOA STRATEGY FOR DEVELOPMENT OF STATISTICS, Employment Report Jun 2019 (Samoan Version), Employment Report December Quarter (Samoan version), Employment Report_September 2018 Quarter (Samoan Version), Employment Statistics Report September 2018 Quarter, Employment Statistics Report_December 2018 Quarter, Employment Report_December 2017 (Samoan Version), Employment_Report_March_2017_quarter_FINAL, Employment Statistics September 2016 Quarter, Formal Employment Report March 2016 Quarter, Employment Statistics Report January December 2015. b) The CIA sometimes assigns counterintuitive ranks. 8.76% (2016 est. The description is composed by our digital data assistant. Get quick analyses with our professional research service. NA Though Samoa unemployment rate fluctuated substantially in recent years, it tended to increase through 2003 - 2022 period ending at 10.3 % in 2022. note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): No claims are made regarding the accuracy of Samoa Economy 2020 information contained . [see also: Population below poverty line country ranks ], Household income or consumption by percentage share: | In the quarter under review, the Services sector continues to be the main sector employing 62.3 per cent of the formal population. Retrieved 2010-12-12. The. NA were not in paid employment or self-employment; b) currently available for work, i.e. Samoa: Unemployment rate forecast: For that indicator, we provide data for Samoa from to . $147 million (2016 est. (2014 est. The average value for Samoa during that period was percent with a minimum of percent in and a maximum of percent in . In 1929, New Zealand police shot into a crowd of peaceful protestors, killing 11, in an event known as Black Sunday. Following the onset of the global pandemic, the Central Bank of Samoa (CBS) has set up a Standby Credit Facility for commercial banks to obtain liquidity as needed. 103 (31 December 2017 est.) Unemployment, youth total (% of total labor force ages 15-24) (national estimate), Unemployment, youth male (% of male labor force ages 15-24) (national estimate), Unemployment, youth female (% of female labor force ages 15-24) (national estimate), Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate), Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate), Unemployment, female (% of female labor force) (modeled ILO estimate), Unemployment with advanced education (% of total labor force with advanced education), Unemployment with basic education, female (% of female labor force with basic education), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. For comparison, the world average in based on countries is 0.00 percent. However, in terms of quarterly average wages, males earned less than females. Release: note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): Immigration. . [Online]. highest 10%: [see also: Labor force - by occupation - services country ranks ], Unemployment rate: www.samoanews.com. [see also: GDP country ranks ], GDP (official exchange rate): $841 million )country comparison to the world (CIA rank, may be based on non-current data): May 2020. 180 In addition, the employment index continues to peak during the September quarters due to national events and functions that are held within the country during this period. The Trading Economics Application Programming Interface (API) provides direct access to our data. (2017 est.) 0.1% [see also: GDP - composition, by sector of origin - industry country ranks ] The Primary Sector employed the least amount of workers accounting for only 1 per cent of the employed population., Passengers in bus crash taken to hospital. )country comparison to the world (CIA rank, may be based on non-current data): Privacy, Employment numbers in Samoa continue to decline [see also: Commercial bank prime lending rate country ranks ], Stock of narrow money: Terms & Conditions | Economic activity is strongly linked to the US with which American Samoa conducts most of its commerce. Samoa - Unemployment, youth total (% of total labor force ages 15-24) (national estimate) . Percent,Not Seasonally Adjusted, Frequency: (2015 est.) [see also: Household income or consumption by percentage share - highest 10% country ranks ], Budget: [see also: Market value of publicly traded shares country ranks ], Current account balance: Enjoy unlimited access to all our articles on any device + free trial to e-Edition. The Samoan Government has called for deregulation of the country's financial sector, encouragement of investment, and continued fiscal discipline, while at the same time protecting the environment. investment in fixed capital: [see also: Stock of broad money country ranks ], Stock of domestic credit: Samoa - Unemployment, total - actual values, historical data, forecasts and projections were sourced from the. Samoa unemployment rate for 2019 was 8.41%, a 0.28% decline from 2018. [see also: Budget surplus (+) or deficit (-) country ranks ], Public debt: During May 2023, the number of unemployed persons was 8,322. Unemployment, female (% of female labor force) (modeled ILO estimate), Unemployment, female (% of female labor force) (national estimate), Unemployment, male (% of male labor force) (modeled ILO estimate), Unemployment, total (% of total labor force) (national estimate), Unemployment, male (% of male labor force) (national estimate), Unemployment with advanced education (% of total labor force with advanced education), Unemployment with basic education, female (% of female labor force with basic education), Share of youth not in education, employment or training, female (% of female youth population), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. As of 2019, the unemployment rate in Samoa was 8.36%. )country comparison to the world (CIA rank, may be based on non-current data): PUA also has a new official telephone number and can now be reached at 684-633-2206 effective . [see also: Inflation rate (consumer prices) country ranks ], Commercial bank prime lending rate: NA country comparison to the world . )country comparison to the world (CIA rank, may be based on non-current data): 180 )country comparison to the world (CIA rank, may be based on non-current data): [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm], Register to get unlimited access to more than 11.1b time series and visualizations. )country comparison to the world (CIA rank, may be based on non-current data): Youth Unemployment Rate for Samoa [SLUEM1524ZSWSM], With 10.31 percent, the unemployment rate thereby reached its highest value in the observed period. To use individual functions (e.g., mark statistics as favourites, set Samoa youth unemployment rate for 2021 was 19.69%, a 1.1% increase from 2020. $5,700 Accessed April 25, 2023. $5,300 The manufacturing sector mainly processes agricultural products. Definition: This entry contains the percent of the labor force that is without jobs. (2016 est.) $389.5 million 133 $89.29 billion ", World Bank, Samoa: Youth unemployment rate from 2003 to 2022 Statista, https://www.statista.com/statistics/812943/youth-unemployment-rate-in-samoa/ (last visited July 01, 2023), Samoa: Youth unemployment rate from 2003 to 2022 [Graph], World Bank, May 10, 2023. services: 29% 01 July 2023, 10:00PM. 166 Agriculture, including fishing, furnishes 90% of exports, featuring fish, coconut oil, nonu products, and taro. A public bus veered off the road at Faleula and crashed into a stationary van in t By Talaia Mika Though Samoa unemployment rate fluctuated substantially in recent years, it tended to increase through 2003 - 2022 period ending at 10.3 % in 2022. To learn more about cookies, click here. [see also: GDP - composition, by end use - household consumption country ranks ] If you continue to navigate this website beyond this page, cookies will be placed on your browser. 72 $1.036 billion (2016 est.) Accessed July 01, 2023. https://www.statista.com/statistics/812943/youth-unemployment-rate-in-samoa/, World Bank. The American Samoa Pandemic Unemployment Assistance (PUA) moved its office from the Executive Office Building (EOB), Utulei to Pago Plaza in Pago Pago on March 16, 2021. Samoa - Employers; total (% of employment) - actual values, historical data, forecasts and projections were sourced from the . 2) The rank that you see is the CIA reported rank, which may have the following issues: (2016 est. In 2022, unemployment rate for Samoa was 10.3 %. The number of unemployed people increased by 440 thousand to 6.10 million and employment levels declined by 310 thousand to 160.72 million. Key Findings. Samoa: Youth unemployment rate from 2003 to 2022 [Graph]. In, World Bank. $447.2 million To learn more about cookies, click here. (2014 est.) This performance reflected negative growth in industries such as accommodation, other services, fishing and construction to name a few. Public Administration employed about 25.2 per cent whereas the Secondary Sector accounted 11.5 per cent. County unemployment rate = (unemployment level) / (labor force) * 100 . Furthermore, the COVID-19 effects have negatively impacted industries such as accommodation, fishing, agriculture, construction, other services and transport. (2015 est.) Bureau of Labor Statistics. Direct access to our data from your apps using any programing language. investment in inventories: In 1918, a New Zealand ship introduced the Spanish flu, infecting 90% of the population and killing more than 20%. January 15, 2020. 2.566 : Samoa 2012 School to Work Transition Survey. The unemployment rate will only rise higher due to natural disasters' effect . [see also: GDP - real growth rate country ranks ], GDP - per capita (PPP): Employment Statistics Data download 2023 Employment Report March 2023 Quarter | TABLES 2022 Employment Report March 2022 Quarter | TABLES Employment Report June 2022 Quarter | TABLES (SAMOA | Tables) Employment Report Read More Employment Statistics One Federal Reserve Bank Plaza, )country comparison to the world (CIA rank, may be based on non-current data): Manufacturing output and new orders have risen quickly, sales of domestic . (2017 est.) Paradoxically, low unemployment rates can disguise substantial poverty in a country, while high unemployment rates can occur in countries with a high level of economic development and low rates of poverty. American Samoa has a traditional Polynesian economy in which more than 90% of the land is communally owned. American Samoa's industry-specific minimum wage rates were most recently increased by $0.40 each on September 30, 2018, and are scheduled to increase again in 2021, 2024, 2027, etc. NA Sixty-eight percent of Samoan respondents to a survey say they have lost income, almost half of households have at least one unemployed member and 71 percent of people are having trouble repaying.
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