Unemployment Rate in Namibia increased to 34 percent in 2016 from 28.10 percent in 2014. Unemployment Rate in Namibia averaged 27.29 percent from 1997 until 2016, reaching an all time high of 37.60 percent in 2008 and a record low of 19.50 percent in 1997.

Unemployment Rate in Namibia is expected to be 29.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Unemployment Rate is projected to trend around 25.50 percent in 2020, according to our econometric models.

Namibia Unemployment Rate
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Namibia Labour Last Previous Highest Lowest Unit
Unemployment Rate 34.00 28.10 37.60 19.50 percent [+]
Population 2.44 2.40 2.44 0.60 Million [+]
Living Wage Family 8590.00 8590.00 8590.00 8590.00 NAD/Month [+]
Living Wage Individual 8360.00 8360.00 8360.00 8360.00 NAD/Month [+]
Wages High Skilled 33300.00 12100.00 33300.00 12100.00 NAD/Month [+]
Wages Low Skilled 3240.00 1240.00 3240.00 1240.00 NAD/Month [+]


Namibia Unemployment Rate

In Namibia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Namibia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
34.00 28.10 37.60 19.50 1997 - 2016 percent Yearly




Country Last
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.90 Sep/18
Turkey 11.10 Aug/18
Italy 10.10 Sep/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Sep/18
Saudi Arabia 6.00 Jun/18
Canada 5.80 Oct/18
Indonesia 5.34 Jun/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Sep/18
South Korea 3.90 Oct/18
China 3.82 Sep/18
Netherlands 3.70 Oct/18
United States 3.70 Oct/18
Mexico 3.60 Sep/18
India 3.52 Dec/17
Germany 3.40 Sep/18
Switzerland 2.40 Oct/18
Japan 2.30 Sep/18
Singapore 2.10 Sep/18


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