Unemployment Rate in Angola decreased to 30.60 percent in the fourth quarter of 2020 from 34 percent in the third quarter of 2020. source: Instituto Nacional de Estatística, Angola

Unemployment Rate in Angola averaged 27.81 percent from 2005 until 2020, 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 May of 2021.

Unemployment Rate in Angola is expected to be 31.40 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 32.00 in 12 months time. In the long-term, the Angola Unemployment Rate is projected to trend around 34.00 percent in 2022 and 36.00 percent in 2023, according to our econometric models.

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Angola Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
30.60 34.00 35.00 19.90 2005 - 2020 percent Quarterly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 30.60 34.00 35.00 19.90 percent [+]
Minimum Wages 21454.10 21454.10 21454.10 3757.00 AOA/Month [+]
Population 31.82 30.81 31.82 5.45 Million [+]
Unemployed Persons 4747.60 5208.60 5208.60 3675.82 Thousands [+]
Youth Unemployment Rate 55.30 56.40 57.80 50.80 Percent [+]
Employed Persons 10749.50 10112.90 10749.50 9073.32 Thousands [+]
Employment Rate 62.80 59.70 62.80 58.90 percent [+]
Labor Force Participation Rate 90.50 90.40 90.50 86.50 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.