Egypt Unemployment Rate - Forecast

Unemployment Rate in Egypt is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Egypt to stand at 8.50 in 12 months time. In the long-term, the Egypt Unemployment Rate is projected to trend around 7.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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Egypt Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.9 9.5 9.1 9.1 8.5 7.5
Unemployed Persons 3309 3470 2900 2800 2800 2500
Minimum Wages 1200 1200 1200 1500 1500 2000
Population 96.2 98 98 100 100 102
Wages High Skilled 3500 4700 4700 5000 5000 5200
Wages Low Skilled 2160 2250 2250 2550 2250 2700
Living Wage Family 2580 2700 2700 3000 3000 4100
Living Wage Individual 1110 1300 1300 1500 1500 2000
Employed Persons 26092 25830 26820 26535 26636 28164