Unemployment Rate in Angola increased to 31.90 percent in the fourth quarter of 2023 from 29.60 percent in the fourth quarter of 2022. Unemployment Rate in Angola averaged 28.87 percent from 2005 until 2023, 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. source: Instituto Nacional de Estatística, Angola

Unemployment Rate in Angola is expected to be 29.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Unemployment Rate is projected to trend around 29.70 percent in 2025, according to our econometric models.

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Angola Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 31.90 29.60 percent Dec 2023
Population 33.09 32.10 Million Dec 2022
Youth Unemployment Rate 58.30 52.90 % Dec 2023
Employed Persons 11692.64 11682.31 Thousand Dec 2023
Unemployed Persons 5465.29 4921.44 Thousands Dec 2023
Labor Force Participation Rate 89.00 89.80 percent Dec 2023
Employment Rate 63.10 62.60 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
31.90 29.60 35.00 19.90 2005 - 2023 percent Quarterly