Unemployment Rate in Rwanda decreased to 15.40 percent in the fourth quarter of 2019 from 16 percent in the third quarter of 2019.
Unemployment Rate in Rwanda averaged 12.04 percent from 2001 until 2019, reaching an all time high of 17.80 percent in the third quarter of 2017 and a record low of 1 percent in the fourth quarter of 2001. This page provides - Rwanda Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Unemployment Rate - values, historical data and charts - was last updated on April of 2020.
Unemployment Rate in Rwanda is expected to be 16.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Rwanda to stand at 17.60 in 12 months time. In the long-term, the Rwanda Unemployment Rate is projected to trend around 18.50 percent in 2021 and 19.00 percent in 2022, according to our econometric models.