Unemployment Rate in Nigeria increased to 18.80 percent in the third quarter of 2017 from 16.20 percent in the second quarter of 2017. Unemployment Rate in Nigeria averaged 10.63 percent from 2006 until 2017, reaching an all time high of 19.70 percent in the fourth quarter of 2009 and a record low of 5.10 percent in the fourth quarter of 2010.

Nigeria Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2016-08-31 10:25 AM Unemployment Rate 13.3% 12.1% 13%
2016-12-21 11:45 AM Unemployment Rate 13.9% 13.3% 13.5%
2017-06-15 09:15 AM Unemployment Rate 14.2% 13.9% 14.1%
2018-12-21 10:30 AM Unemployment Rate 17%


Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.80 16.20 19.70 5.10 percent [+]
Population 190.89 185.99 190.89 45.14 Million [+]
Living Wage Family 137600.00 135300.00 137600.00 135300.00 NGN/Month [+]
Living Wage Individual 43200.00 41800.00 43200.00 41800.00 NGN/Month [+]
Employed Persons 69090.00 70354.90 70665.90 66951.00 Thousand [+]
Employment Change 187226.00 155444.00 499521.00 79465.00 Jobs [+]
Employment Rate 81.20 83.80 93.60 81.20 percent [+]
Unemployed Persons 15998.00 13585.20 15998.00 4672.00 Thousand [+]
Wages High Skilled 57200.00 57200.00 57200.00 57200.00 NGN/Month [+]
Wages Low Skilled 25500.00 25500.00 25500.00 25500.00 NGN/Month [+]
Youth Unemployment Rate 33.10 29.50 33.10 11.70 percent [+]


Nigeria Unemployment Rate

In Nigeria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Nigeria Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
18.80 16.20 19.70 5.10 2006 - 2017 percent Quarterly




Country Last
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.90 Sep/18
Turkey 10.80 Jul/18
Italy 10.10 Sep/18
Argentina 9.60 Jun/18
France 9.10 Jun/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 Sep/18
Russia 4.50 Sep/18
United Kingdom 4.10 Sep/18
South Korea 4.00 Sep/18
China 3.82 Sep/18
Netherlands 3.70 Sep/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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