Unemployment Rate in Eritrea increased to 8 percent in 2021 from 7.40 percent in 2020. source: ILO
Unemployment Rate in Eritrea averaged 6.73 percent from 1991 until 2021, reaching an all time high of 8 percent in 2021 and a record low of 6.30 percent in 2019. This page provides - Eritrea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Eritrea Unemployment Rate - values, historical data and charts - was last updated on July of 2022.
Unemployment Rate in Eritrea is expected to reach 8.50 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Unemployment Rate is projected to trend around 8.00 percent in 2023 and 7.00 percent in 2024, according to our econometric models.