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Unemployment Rate and Employment Data in Nigeria

Nigeria Unemployment Data

Indicator Data Period
Unemployment Rate 4.1 % 1Q/23
Youth Unemployment Rate 53.4 % 4Q/20
Employed Persons 46488 Thousand Person | 46.488 Million Person 4Q/20
Employment Rate  66.7 % 4Q/20
Unemployed Persons 23187 Thousand Persons | 23.187 Million Persons 4Q/20


Latest data on Unemployment Rate (%)

Unemployment Rate
                     Nigeria - Historical Data (%)

What is Unemployment Rate in Nigeria?

  • Unemployment Rate in Nigeria decreased to 4.1 % in the first quarter of 2023. The maximum rate was 33.3 % and minimum was 5.1 %.
  • Data published Quarterly by National Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
4.1 1Q/23 25.08.2023
33.3 4Q/20 15.03.2021
27.1 2Q/20 14.08.2020
23.1 3Q/18 19.12.2018
18.8 3Q/17 18.01.2018
14.2 4Q/16 11.08.2017


Historical Chart by presidents (%)

Unemployment Rate in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 14.2000 18.8000 18.8000 14.2000 32.39%


Latest data on Youth Unemployment Rate (%)

Youth Unemployment Rate
                     Nigeria - Historical Data (%)

What is Youth Unemployment Rate in Nigeria?

  • Youth Unemployment Rate in Nigeria increased to 53.4 % in the forth quarter of 2020. The maximum rate was 53.4 % and minimum was 11.7 %.
  • Data published Quarterly by National Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
53.4 4Q/20 28.03.2021
36.5 3Q/18 19.12.2018
33.1 3Q/17 18.01.2018
25.2 4Q/16 11.08.2017


Historical Chart by presidents (%)

Youth Unemployment Rate in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 25.2000 33.1000 33.1000 25.2000 31.35%


Latest data on Employed Persons (Thousand Person)

Employed Persons
                     Nigeria - Historical Data (Thousand Person)

How many employed persons are in Nigeria?

  • Number of Employed Persons in Nigeria decreased to 46488 Thousand Person (46.488 Million Person) in the forth quarter of 2020. The maximum rate was 70666 Thousand Person and minimum was 58527 Thousand Person.
  • Data published Quarterly by National Bureau of Statistics.

Historical Data (Thousand Person) by years

Data
Period
Date
46488 4Q/20 16.09.2021
58527 2Q/20 28.10.2020
69543 3Q/18 04.07.2019


Historical Chart by presidents (Thousand Person)

Employed Persons in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Employment Rate  (%)

Employment Rate 
                     Nigeria - Historical Data (%)

What is Employment Rate in Nigeria?

  • Employment Rate in Nigeria decreased to 66.7 % in the forth quarter of 2020. The maximum rate was 93.6 % and minimum was 66.7 %.
  • Data published Quarterly by National Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
66.7 4Q/20 30.03.2021
76.9 3Q/18 29.10.2019
81.2 3Q/17 04.07.2019


Historical Chart by QoQ presidents (%)

Employment Rate  in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Unemployed Persons (Thousand Persons)

Unemployed Persons
                     Nigeria - Historical Data (Thousand Persons)

How many Unemployed Persons are in Nigeria?

  • Number of Unemployed Persons in Nigeria increased to 23187 Thousand Persons (23.187 Million Persons) in the forth quarter of 2020. The maximum rate was 23187 Thousand Persons and minimum was 4672 Thousand Persons.
  • Data published Quarterly by National Bureau of Statistics.

Historical Data (Thousand Persons) by years

Data
Period
Date
23187 4Q/20 28.03.2021
21765 2Q/20 28.10.2020
20928 3Q/18 04.07.2019


Historical Chart by presidents (Thousand Persons)

Unemployed Persons in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Nigeria

Index Updated Actual Previous
Minimum Wages 2023 39.289 USD/Month 39.289
Living Wage Individual 2018 111.726 USD/Month 108.105
Wages High Skilled 2018 147.934 USD/Month 147.934
Wages Low Skilled  2018 65.949 USD/Month 65.949

Unemployment Rate in other countries

Country Updated Actual Previous
Egypt 2Q/23 7 % 7.1
Kenya 2022 4.9 % 5.3
Madagascar 2022 2.1 % 2.3
Zimbabwe 20 7.9 % 8.1
Tanzania 2022 8.9 % 9
Togo 2022 4.1 % 4.2
Tunisia 1Q/23 16.1 % 15.2
Nigeria 1Q/23 4.1 % 5.3
Sudan 2022 18.7 % 19.1
Morocco 2Q/23 12.4 % 12.9
Senegal 2Q/23 18.6 % 21.5
Seychelles 2020 4 % 2.4
South Africa 2Q/23 32.6 % 32.9
Uganda 2022 4.3 % 4.3
Rwanda May/23 16.8 % 17.2
Liberia 2022 3.6 % 3.7
Zambia 2022 6.1 % 6.2
Mozambique 2017 25.04 % 24.37
Namibia 2022 20.8 % 21.3
Ghana 2022 3.9 % 3.9
Swaziland 2022 24.4 % 24.6
Libya 2022 20.7 % 20.6
Algeria 3Q/18 11.7 %
Angola 2022 29.6 % 30
Benin 2022 1.7 % 1.8
Botswana 2022 25.4 % 26
Burkina Faso 2018 6.1 %
Burundi 2022 1 % 1.1
Central African Republic 2022 6.4 % 6.5
Chad 2022 1.4 % 1.5
Comoros 2022 8.8 % 9
Republic of the Congo 2022 21.8 % 22.2
Equatorial Guinea 2022 8.7 % 9.1
Eritrea 2022 6.6 % 6.8
Ethiopia 2018 19.1 % 16.9
Gabon 2022 21.5 % 21.8
Gambia 2022 4.8 % 5
Guatemala 4Q/22 3 % 2.2
Guinea 2022 5.7 % 5.8
Guinea Bissau 2022 3.6 % 3.7
Lesotho 2022 18 % 18.3
Malawi 2022 5.6 % 5.7
Mali 2022 2.8 % 2.6
Mauritania 2022 11.1 % 11.3
Niger 2022 0.5 % 0.7
Sao Tome and Principe 2022 15.3 % 15.3
Sierra Leone 2022 3.6 % 3.7