The ILO and the BRICS
The BRICS are a group of leading emerging economies. In 2024, the member countries have expanded to 10 countries. The five new countries that have joined are Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates. Since 2009, BRICS countries are meeting annually at formal summits and the ILO is supporting the respective BRICS presidencies.
Facts & Figures
- The unemployment rate in BRICS countries decreased to 4.8 per cent in 2022 and is projected to decrease further to 4.7 per cent in 2023.
- About 9.8 per cent of the adult and 28.4 per cent of the youth labour force was underutilized in 2019; i.e. they were either unemployed, underemployed or not in employment but interested in working, however existing conditions limit their active job search and/or their availability.
- The gender gap in the labour force participation rate stood at 27.7 percentage points in 2022, almost unchanged from 27.8 percentage points in 2021 and 27.6 percentage points in 2020.
- The youth unemployment rate decreased to 18.8 per cent in 2022, down from 22.4 per cent in 2020.
- The share of youth not in employment, education or training (NEET) for men decreased to 15.4 per cent in 2022, from 18.3 per cent in 2020, and for women it remained nearly constant at 35.8 per cent in 2022, compared to 36.1 per cent in 2020.
Source: ILOSTAT, 7 February 2023, more information: https://ilostat.ilo.org
Learn more about ILO BRICS Cooperation :
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BRICS countries
Brazil
Brazil
Russian Federation
Russian Federation
India
India
China
China
South Africa
South Africa
Egypt
Egypt
Ethiopia
Ethiopia
Iran
Iran
Saudi Arabia
Saudi Arabia
United Arab Emirates
United Arab Emirates