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. source: CAPMAS, Egypt

Unemployment Rate in Egypt averaged 10.51 percent from 1993 until 2021, 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 September of 2021.

Unemployment Rate in Egypt is expected to be 7.30 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 7.10 percent in 2022 and 7.00 percent in 2023, according to our econometric models.

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Egypt Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.30 7.40 13.40 7.20 1993 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 09:30 AM Q3 7.3% 9.6% 9.3%
2021-02-15 04:20 PM Q4 7.2% 7.3% 7%
2021-05-11 01:00 PM Q1 7.4% 7.2% 7%
2021-08-16 10:00 AM Q2 7.3% 7.4% 7.6%
2021-11-11 10:00 AM Q3 7.3% 7.3%
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News Stream
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
Egypt Q4 Jobless Rate Lowest since 2003
Egypt's unemployment rate fell to 7.2 percent in the fourth quarter of 2020 compared to 8 percent in the same period a year ago and 7.3 percent in the previous quarter. It was the lowest jobless rate since comparable data began in 2003, amid the continued return of normal daily activities, after the end of the closure decisions and partial curfew taken by the state to limit the spread of coronavirus. The number of unemployed persons decreased by 163 thousand to 2.166 million. The jobless rate went down in both urban areas (11.4 percent vs 11.5 percent in Q4 2019) and rural areas (4 percent vs 5.4 percent).
2021-02-15
Egypt Q3 Jobless Rate Lowest since 2003
Egypt's unemployment rate decreased to 7.3 percent in the third quarter of 2020 compared to 7.8 percent in the same period a year ago and 9.6 percent in the previous quarter. It was the lowest jobless rate since comparable data began in 2003, attributed to the return of normal daily activities in the wake of the easing of restrictions previously imposed to contain the Covid-19 pandemic. The number of unemployed persons decreased by 151 thousand to 2.062 million while the labour force went down by 234 thousand to 28.171 million. The jobless rate went up in urban areas (10.9 percent vs 10.6 percent in Q3 2019) but it decreased in rural areas (4.5 percent vs 5.6 percent).
2020-11-20

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.