Unemployment Rate in Libya increased at 18.62 percent in 2020 from 18.56 percent in 2019 source: International Labour Organization (ILO)

Unemployment Rate in Libya averaged 18.67 percent from 1991 until 2019, reaching an all time high of 21.10 percent in 1999 and a record low of 16.10 percent in 2015. This page provides - Libya Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Unemployment Rate - values, historical data and charts - was last updated on February of 2021.

Unemployment Rate in Libya is expected to reach 18.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Unemployment Rate is projected to trend around 18.60 percent in 2021 and 19.40 percent in 2022, according to our econometric models.

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Libya Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
18.63 18.56 19.14 18.40 1991 - 2020 percent Yearly

Libya Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.63 18.56 19.14 18.40 percent [+]
Population 6.78 6.68 6.78 1.45 million [+]


Libya Unemployment Rate
In Libya, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.