Cape Verde Unemployment Rate

Unemployment Rate in Cape Verde remained unchanged at 12.20 percent in 2018 from 12.20 percent in 2017. Unemployment Rate in Cape Verde averaged 14.66 percent from 1990 until 2018, reaching an all time high of 21.40 percent in 2005 and a record low of 10.70 percent in 2010.

Unemployment Rate in Cape Verde is expected to be 12.50 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 14.00 percent in 2020, according to our econometric models.

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Cape Verde Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	12.20	12.20	21.40	10.70	percent	[+]
Population	0.54	0.54	0.54	0.20	Million	[+]
Labor Force Participation Rate	55.60	59.20	63.70	55.60	percent	[+]
Minimum Wages	13000.00	13000.00	13000.00	11000.00	CVE/Month	[+]
Unemployed Persons	27028.00	28424.00	37915.00	21168.00	Thousand	[+]
Youth Unemployment Rate	27.80	32.40	41.00	21.30	percent	[+]
Employed Persons	195000.00	203775.00	209725.00	177297.00	Thousand	[+]
Employment Rate	48.80	51.90	54.20	48.80	percent	[+]

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 September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	12.20	12.20	21.40	10.70	1990 - 2018	percent	Yearly

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Country	Last		Previous	Range
South Africa	29.00	Jun/19	27.6	31.2 : 21.5	%
Spain	14.02	Jun/19	14.7	26.94 : 4.41	%
Turkey	12.80	May/19	13	14.8 : 7.3	%
Brazil	11.80	Jul/19	12	13.7 : 6.2	%
Argentina	10.10	Mar/19	9.1	20.8 : 5.9	%
Italy	9.90	Jul/19	9.8	13.1 : 5.8	%
France	8.50	Jun/19	8.7	10.7 : 7.2	%
Euro Area	7.50	Jul/19	7.5	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Canada	5.70	Aug/19	5.7	13.1 : 2.9	%
Saudi Arabia	5.60	Jun/19	5.7	6.3 : 4.35	%
Australia	5.20	Jul/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.50	Jul/19	4.4	14.1 : 4.4	%
United Kingdom	3.80	Jul/19	3.9	12 : 3.4	%
Mexico	3.70	Jul/19	3.6	6.42 : 2.22	%
United States	3.70	Aug/19	3.7	10.8 : 2.5	%
China	3.61	Jun/19	3.67	4.3 : 3.61	%
Netherlands	3.40	Jul/19	3.4	7.9 : 3.3	%
South Korea	3.10	Aug/19	4	7.1 : 3	%
Germany	3.00	Jul/19	3.1	11.5 : 0.4	%
Japan	2.20	Jul/19	2.3	5.5 : 1	%
Singapore	2.20	Jun/19	2.2	6 : 1.4	%
Switzerland	2.10	Aug/19	2.1	5.7 : 1.5	%