Youth Unemployment Rate in Nigeria decreased to 6.50 percent in the second quarter of 2024 from 8.40 percent in the first quarter of 2024. Youth Unemployment Rate in Nigeria averaged 21.40 percent from 2014 until 2024, reaching an all time high of 53.40 percent in the fourth quarter of 2020 and a record low of 6.50 percent in the second quarter of 2024. source: National Bureau of Statistics, Nigeria



Related Last Previous Unit Reference
Employment Rate 75.70 75.40 percent Dec 2024
Minimum Wages 70000.00 70000.00 NGN/Month Jan 2026
Unemployment Rate 4.90 4.60 percent Dec 2024
Youth Unemployment Rate 6.50 8.40 percent Jun 2024


Nigeria Youth Unemployment Rate
Actual Previous Highest Lowest Dates Unit Frequency
6.50 8.40 53.40 6.50 2014 - 2024 percent Quarterly
NSA