Unemployment Rate in Cape Verde remained unchanged at 14.50 percent in 2021 from 14.50 percent in 2020. source: INE, Cape Verde

Unemployment Rate in Cape Verde averaged 14.46 percent from 1990 until 2021, reaching an all time high of 21.40 percent in 2005 and a record low of 10.70 percent in 2010. This page provides - Cape Verde Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Unemployment Rate - values, historical data and charts - was last updated on August of 2022.

Unemployment Rate in Cape Verde is expected to reach 14.20 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Unemployment Rate is projected to trend around 14.00 percent in 2023 and 12.70 percent in 2024, according to our econometric models.

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Cape Verde Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 14.50 14.50 percent Dec 2021
Youth Unemployment Rate 28.37 28.01 percent Dec 2020
Unemployed Persons 31724.00 26259.00 Thousand Dec 2020
Labor Force Participation Rate 57.04 60.38 percent Dec 2020
Employment Rate 45.30 50.90 percent Dec 2020
Employed Persons 186627.00 206344.00 Thousand Dec 2020

Cape Verde Unemployment Rate
In Cape Verde, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
14.50 14.50 21.40 10.70 1990 - 2021 percent Yearly