Nigeria Unemployment Rate  2006-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Nigeria increased to 14.2 percent in the last quarter of 2016 from 10.4 percent a year earlier. It is the highest jobless rate since 2009 as the number of unemployed went up by 3.5 million to 11.549 million while employment rose at a slower 680.8 thousand to 69.6 million. The labour force increased by 4.194 million to 81.151 million and those detached from it declined by 625.7 thousand to 27.439 million. The unemployment rate was higher for persons between 15-24 years old (25.2 percent), women (16.3 percent) and in rural areas (25.8 percent). In the previous quarter, the jobless rate was 13.9 percent. Unemployment Rate in Nigeria averaged 9.76 percent from 2006 until 2016, 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 Forecast (i)
2016-08-31 10:25 AM Q2 13.3% 12.1% 13%
2016-12-21 11:45 AM Q3 13.9% 13.3% 13.5%
2017-06-15 09:15 AM Q4 14.2% 13.9% 14.1%
2017-06-29 10:30 AM Q1 14.2% 13.5%
2017-09-29 10:30 AM Q2 12.4%
2017-12-23 10:30 AM Q3 11.1%




Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.20 13.90 19.70 5.10 percent [+]
Population 182.20 178.52 182.20 45.15 Million [+]
Unemployed Persons 11594.30 11198.30 11594.30 4672.00 Thousand [+]
Youth Unemployment Rate 25.00 24.00 25.00 11.70 percent [+]
Living Wage Family 132264.00 132481.00 132481.00 132264.00 NGN/Month [+]
Living Wage Individual 43415.20 43415.20 43415.20 43415.20 NGN/Month [+]
Employed Persons 69602.60 69470.90 69602.60 66951.00 Thousand [+]
Employment Change 187226.00 155444.00 499521.00 79465.00 Jobs [+]
Employment Rate 86.10 86.40 93.60 86.10 percent [+]


Nigeria Unemployment Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
14.20 13.90 19.70 5.10 2006 - 2016 percent Quarterly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.60 Apr/17
Turkey 11.70 Mar/17
Italy 11.10 Apr/17
France 9.60 Mar/17
Euro Area 9.30 Apr/17
Canada 6.60 May/17
Australia 5.50 May/17
Indonesia 5.33 Mar/17
Russia 5.20 May/17
Netherlands 5.10 May/17
India 4.90 Dec/13
United Kingdom 4.60 Apr/17
United States 4.30 May/17
China 3.97 Mar/17
Germany 3.90 Apr/17
Mexico 3.60 May/17
South Korea 3.60 May/17
Switzerland 3.10 May/17
Japan 2.80 Apr/17