Unemployment Rate in Angola increased to 31.80 percent in the fourth quarter of 2019 from 30.10 percent in the third quarter of 2019.

Unemployment Rate in Angola averaged 26.68 percent from 2005 until 2019, reaching an all time high of 35 percent in the fourth quarter of 2005 and a record low of 19.90 percent in the fourth quarter of 2016. This page provides - Angola Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Unemployment Rate - values, historical data and charts - was last updated on July of 2020. source: Instituto Nacional de Estatística, Angola

Unemployment Rate in Angola is expected to be 34.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Angola to stand at 34.00 in 12 months time. In the long-term, the Angola Unemployment Rate is projected to trend around 34.00 percent in 2021 and 30.00 percent in 2022, according to our econometric models.

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Angola Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
31.80 30.10 35.00 19.90 2005 - 2019 percent Quarterly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 31.80 30.10 35.00 19.90 percent [+]
Minimum Wages 21454.10 21454.10 21454.10 3757.00 AOA/Month [+]
Population 31.70 30.81 31.70 5.45 Million [+]
Unemployed Persons 4627.16 4271.11 4627.16 3675.82 Thousands [+]
Youth Unemployment Rate 56.50 54.20 56.50 52.40 Percent [+]
Labor Force Participation Rate 88.40 87.10 88.40 86.50 percent [+]
Employed Persons 9924.68 9931.55 9931.55 9073.32 Thousands [+]
Employment Rate 60.30 60.90 61.80 60.30 percent [+]

Angola Unemployment Rate
In Angola, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.