Unemployment Rate in Libya decreased to 19.60 percent in 2021 from 20.10 percent in 2020. source: International Labour Organization (ILO)

Unemployment Rate in Libya averaged 19.10 percent from 1991 until 2021, reaching an all time high of 20.10 percent in 2020 and a record low of 18.40 percent in 2008. This page provides - Libya Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Unemployment Rate - values, historical data and charts - was last updated on December of 2022.

Unemployment Rate in Libya is expected to reach 20.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Unemployment Rate is projected to trend around 19.60 percent in 2023 and 18.50 percent in 2024, according to our econometric models.

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Libya Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 19.60 20.10 percent Dec 2021

Libya Unemployment Rate
In Libya, 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
19.60 20.10 20.10 18.40 1991 - 2021 percent Yearly