Unemployment Rate in Egypt decreased to 7.20 percent in the first quarter of 2022 from 7.40 percent in the fourth quarter of 2021, according to a government statement cited Planning Minister Hala al-Saeed as telling a cabinet meeting. source: CAPMAS, Egypt

Unemployment Rate in Egypt averaged 10.40 percent from 1993 until 2022, reaching an all time high of 13.40 percent in the third quarter of 2013 and a record low of 7.20 percent in the fourth quarter of 2020. This page provides - Egypt Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Unemployment Rate in Egypt is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Unemployment Rate is projected to trend around 7.20 percent in 2023 and 7.00 percent in 2024, according to our econometric models.

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Egypt Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-02-22 07:30 AM Q4 7.4% 7.5% 7.7%
2022-05-25 12:10 PM Q1 7.2% 7.4% 7.6%
2022-08-16 10:00 AM Q2 7.2% 7%


Related Last Previous Unit Reference
Unemployment Rate 7.20 7.40 percent Mar 2022
Unemployed Persons 2200.00 2211.00 Thousand Dec 2021
Population 100.50 98.90 Million Dec 2020

Egypt Unemployment Rate
In Egypt, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
7.20 7.40 13.40 7.20 1993 - 2022 percent Quarterly

News Stream
Egypt Jobless Rate Up in Q4
Egypt’s unemployment rate edged up to 7.4 percent in the fourth quarter of 2021 from 7.2 percent in the same period a year ago but slightly below 7.5 percent in the previous quarter. The number of unemployed persons increased by 34 thousand over the same period of last year to 2.2 million in the fourth quarter but declined by 11 thousand from Q3. Meanwhile, employed rose by 1,901 thousand from a year ago to 29.7 million and by 2,530 thousand from Q3. The jobless rate went down in urban areas to 11 percent, compared to 11.4 percent in Q4 2020, but it increased in rural areas to 4.5 percent, compared to 4 percent a year ago. The percentage of the unemployed in the age group (15-29 years) during the current quarter reached 64.3 percent.
2022-02-22
Egypt Jobless Rate Up in Q3
Egypt’s unemployment rate edged up to 7.5 percent in the third quarter of 2021 from 7.3 percent in the same period a year ago and 7.3 percent in the previous quarter. It was the highest jobless rate since the second quarter of 2020, attributed to the influx of new graduates during the months of August and September into the labor market. The number of unemployed persons increased by 150 thousand to 2.2 million in the third quarter. The jobless rate went up in urban areas (11.4 percent vs 10.9 percent in Q3 2020) but dropped in rural areas (4.4 percent vs 4.5 percent).
2021-11-18
Egypt Jobless Rate Down in Q2
Egypt's unemployment rate fell to 7.3 percent in the second quarter of 2021 compared to a near two-year high of 9.6 percent in the same period a year ago and 7.4 percent in the previous quarter. The number of unemployed persons declined by 459 thousand to 2.115 million, including more than 1.3 million males and 732 thousand females.
2021-08-16