Goal 8 Fact and Figures

Goal 8 is about promoting inclusive and sustainable economic growth, employment and decent work for all. The COVID-19 pandemic precipitated the worst economic crisis in decades and reversed progress towards decent work for all.

Although the global economy began to rebound in 2021, bringing some improvement in unemployment, recovery remains elusive and fragile. By the end of 2021, global economic recovery had been hampered by new waves of COVID-19 infections, rising inflationary pressures, major supply-chain disruptions, policy uncertainties and persistent labour market challenges.

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Global real GDP per capita was projected to increase by 3 per cent in 2022, but the Ukraine crisis will likely hold growth to 2.1 per cent.

The real GDP for least developed countries is projected to rise by 4.0 per cent in 2022, and 5.7 per cent in 2023 – still below the 7 per cent target under the 2030 Agenda.

In 2021, global output per worker rebounded sharply, rising by 3.2 per cent; however, productivity in least developed countries declined by 1.6 per cent.

The average worker in a high-income country produced 13.6 times more output than the average worker in a low-income country in 2021.

The global unemployment rate is projected to remain above its 2019 level of 5.4 per cent, at least until 2023.

In 2021, unemployment declined slightly to 6.2 per cent.

In 2021, 4.3 per cent of global working hours were lost relative to the fourth quarter of 2019.

Worldwide, 160 million children (63 million girls and 97 million boys) were engaged in child labour at the beginning of 2020.

Globally, 9 million additional children are at risk of being pushed into child labour by the end of 2022, compared to 2020, as a result of rising poverty driven by the pandemic.

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