Unemployment Rate in Iran decreased to 11.70 percent in the fourth quarter of 2018 from 12.20 percent in the third quarter of 2018. Unemployment Rate in Iran averaged 11.71 percent from 2001 until 2018, reaching an all time high of 14.70 percent in the first quarter of 2002 and a record low of 9.50 percent in the fourth quarter of 2008.
Unemployment Rate in Iran is expected to be 12.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Iran to stand at 12.00 in 12 months time. In the long-term, the Iran Unemployment Rate is projected to trend around 12.10 percent in 2020, according to our econometric models.