Saudi Arabia Unemployment Rate

Unemployment Rate in Saudi Arabia decreased to 6 percent in the second quarter of 2018 from 6.10 percent in the first quarter of 2018. Unemployment Rate in Saudi Arabia averaged 5.61 percent from 1999 until 2018, reaching an all time high of 6.30 percent in the fourth quarter of 2006 and a record low of 4.35 percent in the fourth quarter of 1999.

Unemployment Rate in Saudi Arabia is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Saudi Arabia to stand at 6.10 in 12 months time. In the long-term, the Saudi Arabia Unemployment Rate is projected to trend around 5.90 percent in 2020, according to our econometric models.

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Saudi Arabia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	6.00	6.10	6.30	4.35	percent	[+]
Unemployed Persons	847917.00	826428.00	847917.00	437648.00		[+]
Population	32.61	31.74	32.61	4.04	Million	[+]
Labor Force Participation Rate	56.20	55.50	56.50	47.80	percent	[+]
Employed Persons	11168.50	11641.40	11641.40	6167.00	Thousand	[+]
Retirement Age Men	60.00	60.00	60.00	60.00		[+]
Retirement Age Women	55.00	55.00	55.00	55.00		[+]

In Saudi Arabia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Saudi Arabia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6.00	6.10	6.30	4.35	1999 - 2018	percent	Quarterly

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Country	Last		Previous	Range
South Africa	27.50	Sep/18	27.2	31.2 : 21.5	%
Spain	14.55	Sep/18	15.28	26.94 : 4.41	%
Brazil	11.60	Nov/18	11.7	13.7 : 6.2	%
Turkey	11.60	Oct/18	11.4	14.8 : 7.3	%
Italy	10.50	Nov/18	10.6	13.1 : 5.8	%
France	9.10	Sep/18	9.1	10.7 : 7.2	%
Argentina	9.00	Sep/18	9.1	20.8 : 5.9	%
Euro Area	7.90	Nov/18	8	12.1 : 7.3	%
Saudi Arabia	6.00	Jun/18	6.1	6.3 : 4.35	%
Canada	5.60	Dec/18	5.6	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.10	Nov/18	5	11.2 : 4	%
Russia	4.80	Nov/18	4.7	14.1 : 4.5	%
United Kingdom	4.10	Oct/18	4.1	12 : 3.4	%
United States	3.90	Dec/18	3.7	10.8 : 2.5	%
China	3.82	Sep/18	3.83	4.3 : 3.82	%
South Korea	3.80	Dec/18	3.8	7.1 : 3	%
Netherlands	3.60	Dec/18	3.5	7.9 : 3.5	%
India	3.52	Dec/17	3.51	8.3 : 3.41	%
Germany	3.30	Nov/18	3.3	11.5 : 0.4	%
Mexico	3.30	Nov/18	3.2	6.42 : 2.22	%
Switzerland	2.70	Dec/18	2.5	5.7 : 1.5	%
Japan	2.50	Nov/18	2.4	5.5 : 1	%
Singapore	2.10	Sep/18	2	6 : 1.4	%