Nigeria Unemployment Rate
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:
What was Nigeria's Unemployment Rate in Jun 2020?
|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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|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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|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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