Unemployment Rate in Eritrea increased to 7.40 percent in 2020 from 6.30 percent in 2019. source: ILO

Unemployment Rate in Eritrea averaged 6.69 percent from 1991 until 2020, reaching an all time high of 7.40 percent in 2020 and a record low of 6.30 percent in 2019. This page provides - Eritrea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Eritrea Unemployment Rate - values, historical data and charts - was last updated on July of 2021.

Unemployment Rate in Eritrea is expected to reach 7.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Unemployment Rate is projected to trend around 6.60 percent in 2022 and 6.20 percent in 2023, according to our econometric models.

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Eritrea Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.40 6.30 7.40 6.30 1991 - 2020 percent Yearly

Eritrea Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 6.30 7.40 6.30 percent [+]


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