Nigeria: Unemployment rate forecast

* indicates monthly or quarterly data series

Unemployment rate forecast

 Latest value 22.56
 Year 2018
 Measure percent
 Data availability 2010 - 2018
 Average 11.31
 Min - Max 5.09 - 22.56
 Source International Monetary Fund
For that indicator, we provide data for Nigeria from 2010 to 2018. The average value for Nigeria during that period was 11.31 percent with a minimum of 5.09 percent in 2010 and a maximum of 22.56 percent in 2018. The latest value from 2018 is 22.56 percent. For comparison, the world average in 2018 based on 109 countries is 7.87 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Nigeria - Unemployment rate forecast - Recent values chart

Historical chart
Nigeria - Unemployment rate forecast - historical chart - 2010-2018

Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

 Related indicators Latest value Reference Measure
 Economic growth forecast 3.34 2028 percent
 Investment forecast 30.12 2028 percent
 Inflation forecast 14.00 2028 percent
 Unemployment rate forecast 22.56 2018 percent
 Current account forecast -0.44 2028 percent
This site uses cookies.
Learn more here