The number of unemployed persons in Nigeria increased to 21765 Thousand in the second quarter of 2020 from 20927.60 Thousand in the third quarter of 2018. source: National Bureau of Statistics, Nigeria

Unemployed Persons in Nigeria averaged 12715.77 Thousand from 2014 until 2020, reaching an all time high of 21765 Thousand in the second quarter of 2020 and a record low of 4672 Thousand in the fourth quarter of 2014. This page provides - Nigeria Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Unemployed Persons - values, historical data and charts - was last updated on January of 2021.

Unemployed Persons in Nigeria is expected to be 26000.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Nigeria to stand at 28100.00 in 12 months time. In the long-term, the Nigeria Unemployed Persons is projected to trend around 27800.00 Thousand in 2021 and 28000.00 Thousand in 2022, according to our econometric models.

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Nigeria Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
21765.00 20927.60 21765.00 4672.00 2014 - 2020 Thousand Quarterly
NSA

Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.10 23.10 27.10 5.10 percent [+]
Population 200.00 195.87 200.00 45.14 Million [+]
Unemployed Persons 21765.00 20927.60 21765.00 4672.00 Thousand [+]
Youth Unemployment Rate 36.50 38.00 38.00 11.70 percent [+]
Minimum Wages 30000.00 30000.00 30000.00 18000.00 NGN/Month [+]
Employed Persons 58527.00 69542.90 70665.90 58527.00 Thousand [+]
Employment Rate 76.90 77.30 93.60 76.90 percent [+]