Unemployment Rate in Cape Verde decreased to 12.20 percent in 2017 from 15 percent in 2016. Unemployment Rate in Cape Verde averaged 14.35 percent from 1990 until 2017, reaching an all time high of 20.20 percent in 1990 and a record low of 10.70 percent in 2010.

Unemployment Rate in Cape Verde is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Unemployment Rate is projected to trend around 13.80 percent in 2020, according to our econometric models.

Cape Verde Unemployment Rate
Forecast Data Chart
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Cape Verde Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.20 15.00 20.20 10.70 percent [+]
Population 0.55 0.54 0.55 0.20 Million [+]
Minimum Wages 13000.00 11000.00 13000.00 11000.00 CVE/Month [+]
Youth Unemployment Rate 32.40 41.00 41.00 21.30 percent [+]

Cape Verde Unemployment Rate

In Cape Verde, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Cape Verde Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12.20 15.00 20.20 10.70 1990 - 2017 percent Yearly

Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.40 Sep/18
Italy 10.60 Oct/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18