Nigeria Unemployment Rate 2006-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Nigeria increased to 14.2 percent in the last quarter of 2016 from 10.4 percent a year earlier. It is the highest jobless rate since 2009 as the number of unemployed went up by 3.5 million to 11.549 million while employment rose at a slower 680.8 thousand to 69.6 million. The labour force increased by 4.194 million to 81.151 million and those detached from it declined by 625.7 thousand to 27.439 million. The unemployment rate was higher for persons between 15-24 years old (25.2 percent), women (16.3 percent) and in rural areas (25.8 percent). In the previous quarter, the jobless rate was 13.9 percent. Unemployment Rate in Nigeria averaged 9.76 percent from 2006 until 2016, reaching an all time high of 19.70 percent in the fourth quarter of 2009 and a record low of 5.10 percent in the fourth quarter of 2010.

Nigeria Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2016-08-31 10:25 AM Unemployment Rate 13.3% 12.1% 13%
2016-12-21 11:45 AM Unemployment Rate 13.9% 13.3% 13.5%
2017-06-15 09:15 AM Unemployment Rate 14.2% 13.9% 14.1%
2018-06-15 09:15 AM Unemployment Rate
2018-12-21 10:30 AM Unemployment Rate


Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.20 13.90 19.70 5.10 percent [+]
Population 185.99 181.18 185.99 45.14 Million [+]
Living Wage Family 131700.00 131700.00 131700.00 131700.00 NGN/Month [+]
Living Wage Individual 40100.00 40100.00 40100.00 40100.00 NGN/Month [+]
Employed Persons 69602.60 69470.90 69602.60 66951.00 Thousand [+]
Employment Change 187226.00 155444.00 499521.00 79465.00 Jobs [+]
Employment Rate 85.80 86.10 93.60 85.80 percent [+]
Unemployed Persons 11549.31 11198.30 11549.31 4672.00 Thousand [+]
Wages High Skilled 57200.00 57200.00 57200.00 57200.00 NGN/Month [+]
Wages Low Skilled 25500.00 25500.00 25500.00 25500.00 NGN/Month [+]
Youth Unemployment Rate 25.20 25.00 25.20 11.70 percent [+]


Nigeria Unemployment Rate

In Nigeria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Nigeria Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
14.20 13.90 19.70 5.10 2006 - 2016 percent Quarterly




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.20 Oct/17
Italy 11.10 Oct/17
Turkey 10.60 Sep/17
France 9.70 Sep/17
Euro Area 8.80 Oct/17
Canada 5.90 Nov/17
Indonesia 5.50 Sep/17
Australia 5.40 Nov/17
Russia 5.10 Oct/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Oct/17
United States 4.10 Nov/17
China 3.95 Sep/17
South Korea 3.70 Nov/17
Germany 3.60 Oct/17
Mexico 3.50 Oct/17
India 3.46 Dec/16
Switzerland 3.10 Nov/17
Japan 2.80 Oct/17