Unemployment Rate in Namibia decreased to 33.40 percent in 2018 from 34 percent in 2016.
Unemployment Rate in Namibia averaged 27.94 percent from 1997 until 2018, reaching an all time high of 37.60 percent in 2008 and a record low of 19.50 percent in 1997. This page provides - Namibia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Unemployment Rate - values, historical data and charts - was last updated on September of 2020. source: Central Bureau of Statistics, Namibia
Unemployment Rate in Namibia is expected to reach 37.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Unemployment Rate is projected to trend around 36.80 percent in 2021 and 37.70 percent in 2022, according to our econometric models.