Employment Rate in Nigeria decreased to 66.70 percent in the fourth quarter of 2020 from 72.90 percent in the second quarter of 2020. source: National Bureau of Statistics, Nigeria

Employment Rate in Nigeria averaged 83.68 percent from 2014 until 2020, reaching an all time high of 93.60 percent in the fourth quarter of 2014 and a record low of 66.70 percent in the fourth quarter of 2020. This page provides - Nigeria Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Employment Rate - values, historical data and charts - was last updated on August of 2021.

Employment Rate in Nigeria is expected to be 68.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Nigeria to stand at 71.70 in 12 months time. In the long-term, the Nigeria Employment Rate is projected to trend around 74.00 percent in 2022 and 76.00 percent in 2023, according to our econometric models.

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Nigeria Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.70 72.90 93.60 66.70 2014 - 2020 percent Quarterly
NSA

Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 33.30 27.10 33.30 5.10 percent [+]
Population 206.14 200.00 206.14 45.14 Million [+]
Unemployed Persons 23187.00 21765.00 23187.00 4672.00 Thousand [+]
Youth Unemployment Rate 53.40 40.80 53.40 11.70 percent [+]
Minimum Wages 30000.00 30000.00 30000.00 18000.00 NGN/Month [+]
Employed Persons 58527.00 69542.90 70665.90 58527.00 Thousand [+]
Employment Rate 66.70 72.90 93.60 66.70 percent [+]