Unemployment Rate in Cape Verde remained unchanged at 12.20 percent in 2018 from 12.20 percent in 2017. Cape Verde Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Unemployment Rate in Cape Verde averaged 14.66 percent from 1990 until 2018, reaching an all time high of 21.40 percent in 2005 and a record low of 10.70 percent in 2010. This page provides - Cape Verde Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Cape Verde is expected to reach 11.40 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Unemployment Rate is projected to trend around 10.00 percent in 2021 and 9.80 percent in 2022, according to our econometric models.

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Cape Verde Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.20 12.20 21.40 10.70 1990 - 2018 percent Yearly

Cape Verde Unemployment Rate
In Cape Verde, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.