Nigeria Unemployment Rate

2012 - 2020 | Quarterly | % | CEIC Data

Nigeria Unemployment Rate increased to 27.11 % in Jun 2020, from the previously reported number of 23.13 % in Sep 2018. Nigeria Unemployment Rate is updated quarterly, available from Mar 2012 to Jun 2020, with an average rate of 10.50 %. The data reached an all-time high of 27.11 % in Jun 2020 and a record low of 6.40 % in Dec 2014. The data is reported by reported by CEIC Data.

In the latest reports, Nigeria Population reached 206.14 million people in Dec 2020. The country's Labour Force Participation Rate dropped to 52.69 % in Dec 2020.

View Nigeria's Unemployment Rate from Mar 2012 to Jun 2020 in the chart:

Nigeria Unemployment Rate

What was Nigeria's Unemployment Rate in Jun 2020?

Last Previous Min Max Unit Frequency Range
27.11 Jun 2020 23.13 Sep 2018 6.40 Dec 2014 27.11 Jun 2020 % quarterly Mar 2012 - Jun 2020

Unemployment Rate by Country Comparison

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Includes Unemployment Rate on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 11.60 Sep 2020 quarterly Mar 2012 - Sep 2020
Algeria (%) 11.70 Sep 2017 quarterly Jun 2014 - Sep 2017
Argentina (%) 13.10 Jun 2020 quarterly Dec 2002 - Jun 2020
Armenia (%) 17.50 Jun 2020 quarterly Mar 2008 - Jun 2020
Australia (%) 7.00 Oct 2020 monthly Feb 1978 - Oct 2020
Austria (%) 5.52 Sep 2020 monthly Jan 1993 - Sep 2020
Azerbaijan (%) 6.94 Sep 2020 quarterly Mar 2008 - Sep 2020
Bahrain (%) 4.30 2016 yearly 1991 - 2016
Bangladesh (%) 4.15 2020 yearly 1991 - 2020
Belarus (%) 0.20 Nov 2020 monthly Oct 2004 - Nov 2020

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Nigeria Key Series

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Includes 268 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.2 Mar 2020 quarterly Dec 2010 - Mar 2020
Consolidated Fiscal Balance (USD mn) -4,673.639 Mar 2020 quarterly Mar 2005 - Mar 2020
National Government Debt (USD mn) 73,740.7 Sep 2020 quarterly Dec 2006 - Sep 2020
Government Debt: % of GDP (%) 18.2 Jun 2020 quarterly Dec 2010 - Jun 2020
Forecast: Government Expenditure (NGN bn) 34,920.128 2025 yearly 1990 - 2025
Forecast: Government Net Debt (NGN bn) 109,473.696 2025 yearly 1990 - 2025
Forecast: Government Revenue (NGN bn) 21,509.034 2025 yearly 1990 - 2025
Gross Federation Account Revenue (NGN bn) 2,268.700 Sep 2020 quarterly Mar 2005 - Sep 2020
Federal Govt Balance (NGN bn) -1,289.030 Sep 2020 quarterly Mar 2005 - Sep 2020
Gross Federation Account Revenue: Oil (NGN bn) 953.900 Sep 2020 quarterly Mar 2005 - Sep 2020
Federal Govt Revenue (NGN bn) 842.090 Sep 2020 quarterly Mar 2005 - Sep 2020
Federal Govt Expenditure (NGN bn) 2,131.120 Sep 2020 quarterly Mar 2005 - Sep 2020
Federal Govt Expenditure: Recurrent (NGN bn) 1,650.430 Sep 2020 quarterly Mar 2005 - Sep 2020
Government Debt: Domestic (NGN bn) 15,846.231 Sep 2020 quarterly Dec 2005 - Sep 2020

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