Unemployment Rate in Algeria decreased to 11.40 percent in the second quarter of 2019 from 11.70 percent in the third quarter of 2018.
Unemployment Rate in Algeria averaged 13.95 percent from 1999 until 2019, reaching an all time high of 29.50 percent in the third quarter of 2000 and a record low of 9.80 percent in the fourth quarter of 2013. This page provides - Algeria Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Unemployment Rate - values, historical data and charts - was last updated on July of 2020.
Unemployment Rate in Algeria is expected to be 13.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Algeria to stand at 14.00 in 12 months time. In the long-term, the Algeria Unemployment Rate is projected to trend around 14.50 percent in 2021 and 14.30 percent in 2022, according to our econometric models.