Youth Unemployment Rate in Cape Verde decreased to 24.90 percent in 2019 from 27.80 percent in 2018. source: INE, Cape Verde

Youth Unemployment Rate in Cape Verde averaged 30.56 percent from 2010 until 2019, reaching an all time high of 41 percent in 2016 and a record low of 21.30 percent in 2010. This page provides - Cape Verde Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Youth Unemployment Rate - values, historical data and charts - was last updated on February of 2021.

Youth Unemployment Rate in Cape Verde is expected to reach 32.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Youth Unemployment Rate is projected to trend around 29.70 percent in 2021, according to our econometric models.

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Cape Verde Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.90 27.80 41.00 21.30 2010 - 2019 percent Yearly
NSA

Cape Verde Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.29 12.20 21.40 10.70 percent [+]
Population 0.55 0.54 0.55 0.20 Million [+]
Labor Force Participation Rate 57.40 55.60 63.70 55.60 percent [+]
Minimum Wages 13000.00 13000.00 13000.00 11000.00 CVE/Month [+]
Unemployed Persons 26259.00 27028.00 37915.00 21168.00 Thousand [+]
Youth Unemployment Rate 24.90 27.80 41.00 21.30 percent [+]
Employed Persons 206344.00 195000.00 209725.00 177297.00 Thousand [+]
Employment Rate 50.90 48.80 54.20 48.80 percent [+]