
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.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Bureau of Statistics of Nigeria
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 |