Unemployment Rate in Saudi Arabia increased to 6.60 percent in the second quarter of 2021 from 6.50 percent in the first quarter of 2021. source: Central Department of Statistics and Information

Unemployment Rate in Saudi Arabia averaged 5.84 percent from 1999 until 2021, reaching an all time high of 9 percent in the second quarter of 2020 and a record low of 4.35 percent in the fourth quarter of 1999. This page provides - Saudi Arabia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Unemployment Rate - values, historical data and charts - was last updated on December of 2021.

Unemployment Rate in Saudi Arabia is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Unemployment Rate is projected to trend around 6.00 percent in 2022, according to our econometric models.

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Saudi Arabia Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 6.60 6.50 percent Jun/21
Unemployed Persons 945387.00 1025328.00 Dec/19
Labor Force Participation Rate 60.80 61.10 percent Jun/21
Employed Persons 13391.00 10085.90 Thousand Dec/19
Saudi Arabia Unemployment Rate
In Saudi Arabia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.