Nigeria Unemployment Rate  Forecast


Unemployment Rate in Nigeria is expected to be 14.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Nigeria to stand at 14.00 in 12 months time. In the long-term, the Nigeria Unemployment Rate is projected to trend around 13.40 percent in 2020, according to our econometric models.


Nigeria Unemployment Rate
Please Paste this Code in your Website
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.





Nigeria Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 14.2 14.3 14.4 14 14 13.4
Population 186 186 186 186 190 203
Unemployed Persons 11549 13485 13065 8064 6924 12465
Youth Unemployment Rate 25.2 22.5 21.8 29.56 30.32 18.9
Living Wage Family 132264 132372 132372 132372 132372 132372
Living Wage Individual 43415 43415 43415 43415 43415 43415
Employed Persons 69603 67184 68902 70923 71178 74705
Employment Change 187226 74000 60000 171362 146682 200000
Employment Rate 85.8 85.7 86.2 88.97 90.07 87.6