Nigeria: Unemployment rate

* indicates monthly or quarterly data series
The most recent value is 33.28 percent as of Q4 2020, an increase compared to the previous value of 27.11 percent. Historically, the average for Nigeria from Q1 2014 to Q4 2020 is 15.17 percent. The minimum of 6.4 percent was recorded in Q4 2014, while the maximum of 33.28 percent was reached in Q4 2020. Click on the following link to see the values of: Unemployment rate around the world.
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* indicates monthly or quarterly data series

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Recent values Nigeria: Unemployment rate, percent
2020  Q4 33.28
2020  Q2 27.11
2018  Q3 23.1
2018  Q2 22.7
2018  Q1 21.8
2017  Q4 20.4
2017  Q3 18.8
2017  Q2 16.2


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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest Reference Measure
 Labor force 78.81 2023 million people
 Unemployment rate 3.07 2023 percent
 Female unemployment 4.24 2023 percent
 Male unemployment 2.16 2023 percent
 Youth unemployment 5.84 2023 percent
 Labor force participation 59.11 2023 percent
 Labor force: percent female 43.78 2023 percent
 Female labor force participation 52.20 2023 percent
 Male labor force participation 65.91 2023 percent
 Self-employment 85.85 2022 percent
 Employment 57.52 Q4/2020 million employed people
 Unemployment rate 33.28 Q4/2020 percent
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