Key data points
Last release
—
Observation period
Q1 2024
Next release
—
Forecast
—
Highest
6.00% on Dec 31, 2020
Lowest
3.70% on Dec 31, 2013
About 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.
Related indicators
Frequently Asked Questions
To calculate Nigeria unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Nigeria unemployment rate is 3.70%.
The highest figure Nigeria unemployment rate has ever reached is 6.00%.
Last quarter Nigeria unemployment rate was 5.30%, and the quarter before that it amounted to 5.40%.