Unemployment Rate in Ethiopia remained unchanged at 3.40 percent in 2024 from 3.40 percent in 2023. Unemployment Rate in Ethiopia averaged 2.94 percent from 1991 until 2024, reaching an all time high of 4.00 percent in 2020 and a record low of 2.30 percent in 2007. source: World Bank
Unemployment Rate in Ethiopia is expected to reach 19.20 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ethiopia Unemployment Rate is projected to trend around 19.20 percent in 2027 and 19.40 percent in 2028, according to our econometric models.