Unemployment Rate in Oman increased to 16 percent in 2017 from 15.80 percent in 2016. Unemployment Rate in Oman averaged 18.15 percent from 1991 until 2017, reaching an all time high of 19.80 percent in 2000 and a record low of 15.80 percent in 2015.

Unemployment Rate in Oman is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Unemployment Rate is projected to trend around 16.60 percent in 2020, according to our econometric models.

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Oman Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.00 15.80 19.80 15.80 1991 - 2017 percent Yearly

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

Oman Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.00 15.80 19.80 15.80 percent [+]
Population 4.83 4.67 4.83 0.55 Million [+]
Minimum Wages 400.00 400.00 400.00 325.00 OMR/month [+]