Unemployment Rate in Angola decreased to 30.50 percent in the first quarter of 2021 from 30.60 percent in the fourth quarter of 2020. source: Instituto Nacional de Estatística, Angola

Unemployment Rate in Angola averaged 27.93 percent from 2005 until 2021, reaching an all time high of 35 percent in the fourth quarter of 2005 and a record low of 19.90 percent in the fourth quarter of 2016. This page provides - Angola Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Unemployment Rate - values, historical data and charts - was last updated on July of 2021.

Unemployment Rate in Angola is expected to be 30.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Angola to stand at 32.40 in 12 months time. In the long-term, the Angola Unemployment Rate is projected to trend around 33.00 percent in 2022 and 35.00 percent in 2023, according to our econometric models.

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Angola Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
30.50 30.60 35.00 19.90 2005 - 2021 percent Quarterly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 30.50 30.60 35.00 19.90 percent [+]
Minimum Wages 21454.10 21454.10 21454.10 3757.00 AOA/Month [+]
Population 33.00 31.82 33.00 5.45 Million [+]
Unemployed Persons 4744.20 4747.60 5208.60 3675.82 Thousands [+]
Youth Unemployment Rate 56.30 55.30 57.80 50.80 Percent [+]
Labor Force Participation Rate 90.10 90.50 90.50 86.50 percent [+]
Employed Persons 10821.20 10749.50 10821.20 9073.32 Thousands [+]
Employment Rate 62.60 62.80 62.80 58.90 percent [+]

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