Nigeria Unemployment rate

Factbook > Countries > Nigeria > Economy

Unemployment rate: 13.9% (2016 est.)
23.9% (2016 est.)

Definition: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.

Source: CIA World Factbook - This page was last updated on July 9, 2017

See Also

Related Data From the International Monetary Fund

Variable: Unemployment rate

Note: Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, unemployed workers are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO,]

Units: Percent of total labor force

Country-specific Note: Source: National Statistical Office Latest actual data: 2011. The authorities are still working on the 2012 data. Employment type: Employed individuals are only those that work 40 hours or more. This definition is very different from the ILO definition of unemployment. Primary domestic currency: Nigerian naira Data last updated: 03/2015

Source: International Monetary Fund, World Economic Outlook Database, April 2015

YearUnemployment ratePercent Change
200113.63.82 %
200212.6-7.35 %
200314.817.46 %
200413.4-9.46 %
200511.9-11.19 %
200612.33.36 %
200712.73.25 %
200814.917.32 %
200919.732.21 %
201021.17.11 %
201123.913.27 %

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