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  1. Breakdown of G20 countries with the highest youth unemployment rates 2024

    • statista.com
    • tokrwards.com
    Updated Sep 17, 2025
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    Statista (2025). Breakdown of G20 countries with the highest youth unemployment rates 2024 [Dataset]. https://www.statista.com/statistics/723156/g20-youth-unemployment-rate-by-country/
    Explore at:
    Dataset updated
    Sep 17, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    The youth unemployment rate of South Africa was over ** percent in 2024, the highest of any G20 country. Italy followed with a youth unemployment rate of **** percent. In contrast, Japan's youth unemployment rate was the lowest at only 3*** percent. Economic crisis in Argentina At ***** percent, youth unemployment in Argentina falls third out of the G20 nations. The Argentinian economy was hit by a recession beginning in 2022, with an average inflation rate of nearly ** percent that year, jumping to over *** percent in 2023. Such staggering inflation has hit Argentinian consumers hard, with the average consumer price index going from nearly *** in 2021 to ***** in 2022, before increasing to nearly ***** in 2023. While youth unemployment has fallen in Argentina since the beginning of the COVID-19 pandemic, factors such as skyrocketing inflation make getting by difficult for many. Inequality in South Africa With a youth unemployment rate of just over 6* percent, South Africa stands out from the rest of the G20 nations. Thirty years after the end of Apartheid, South Africa is considered one the most unequal country in the world. Using the Gini Index, which measures income inequality with zero representing totally equal distribution and one representing unequal distribution, South Africa has a score of ****, higher than any other nation. Poverty and inequality are a major concern for South Africans, with over ** percent of survey respondents expressing worry over the issue in January 2024, a slight decrease from a recent peak of ** percent in August 2023.

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TwitterTwitter
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Click to copy link
Link copied
Close
Cite
Statista (2025). Breakdown of G20 countries with the highest youth unemployment rates 2024 [Dataset]. https://www.statista.com/statistics/723156/g20-youth-unemployment-rate-by-country/
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Breakdown of G20 countries with the highest youth unemployment rates 2024

Explore at:
Dataset updated
Sep 17, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2024
Area covered
Worldwide
Description

The youth unemployment rate of South Africa was over ** percent in 2024, the highest of any G20 country. Italy followed with a youth unemployment rate of **** percent. In contrast, Japan's youth unemployment rate was the lowest at only 3*** percent. Economic crisis in Argentina At ***** percent, youth unemployment in Argentina falls third out of the G20 nations. The Argentinian economy was hit by a recession beginning in 2022, with an average inflation rate of nearly ** percent that year, jumping to over *** percent in 2023. Such staggering inflation has hit Argentinian consumers hard, with the average consumer price index going from nearly *** in 2021 to ***** in 2022, before increasing to nearly ***** in 2023. While youth unemployment has fallen in Argentina since the beginning of the COVID-19 pandemic, factors such as skyrocketing inflation make getting by difficult for many. Inequality in South Africa With a youth unemployment rate of just over 6* percent, South Africa stands out from the rest of the G20 nations. Thirty years after the end of Apartheid, South Africa is considered one the most unequal country in the world. Using the Gini Index, which measures income inequality with zero representing totally equal distribution and one representing unequal distribution, South Africa has a score of ****, higher than any other nation. Poverty and inequality are a major concern for South Africans, with over ** percent of survey respondents expressing worry over the issue in January 2024, a slight decrease from a recent peak of ** percent in August 2023.

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