Youth Unemployment Rate in South Africa decreased to 61.40 percent in the second quarter of 2022 from 63.90 percent in the first quarter of 2022. source: Statistics South Africa
Youth Unemployment Rate in South Africa averaged 55.30 percent from 2013 until 2022, reaching an all time high of 66.50 percent in the third quarter of 2021 and a record low of 48.80 percent in the fourth quarter of 2014. This page provides - South Africa Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Youth Unemployment Rate - values, historical data and charts - was last updated on September of 2022.
Youth Unemployment Rate in South Africa is expected to be 63.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Youth Unemployment Rate is projected to trend around 68.00 percent in 2023 and 67.00 percent in 2024, according to our econometric models.