Egypt's unemployment rate decreased to 7.3 percent in the third quarter of 2020 compared to 7.8 percent in the same period a year ago and 9.6 percent in the previous quarter. It was the lowest jobless rate since comparable data began in 2003, attributed to the return of normal daily activities in the wake of the easing of restrictions previously imposed to contain the Covid-19 pandemic. The number of unemployed persons decreased by 151 thousand to 2.062 million while the labour force went down by 234 thousand to 28.171 million. The jobless rate went up in urban areas (10.9 percent vs 10.6 percent in Q3 2019) but it decreased in rural areas (4.5 percent vs 5.6 percent). source: CAPMAS, Egypt

Unemployment Rate in Egypt averaged 10.62 percent from 1993 until 2020, reaching an all time high of 13.40 percent in the third quarter of 2013 and a record low of 7.30 percent in the third quarter of 2020. This page provides - Egypt Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Unemployment Rate in Egypt is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Egypt to stand at 8.70 in 12 months time. In the long-term, the Egypt Unemployment Rate is projected to trend around 8.60 percent in 2021 and 8.30 percent in 2022, according to our econometric models.

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Egypt Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.30 9.60 13.40 7.30 1993 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-17 09:30 AM Q4 8% 7.8% 7.6%
2020-05-14 02:00 PM Q1 7.7% 8% 9.3%
2020-08-17 11:00 AM Q2 9.6% 7.7% 8.2%
2020-11-20 09:30 AM Q3 7.3% 9.6% 9.3%
2021-02-17 09:30 AM Q4 7.3%
2021-05-14 02:00 PM Q1
2021-08-17 11:00 AM Q2
2021-11-19 09:05 AM Q3


News Stream
Egypt Q3 Jobless Rate Lowest since 2003
Egypt's unemployment rate decreased to 7.3 percent in the third quarter of 2020 compared to 7.8 percent in the same period a year ago and 9.6 percent in the previous quarter. It was the lowest jobless rate since comparable data began in 2003, attributed to the return of normal daily activities in the wake of the easing of restrictions previously imposed to contain the Covid-19 pandemic. The number of unemployed persons decreased by 151 thousand to 2.062 million while the labour force went down by 234 thousand to 28.171 million. The jobless rate went up in urban areas (10.9 percent vs 10.6 percent in Q3 2019) but it decreased in rural areas (4.5 percent vs 5.6 percent).
2020-11-20
Egypt Q2 Jobless Rate Highest since 2018
Egypt's unemployment rate surged to 9.6 percent in the second quarter of 2020 compared to 7.5 percent in the same period a year ago and 7.7 percent in the previous quarter. It was the highest jobless rate since the third quarter of 2018 as government measures to prevent the spread of COVID-19 dented the job market. The number of unemployed rose by 480 thousand to 2.57 million. The jobless rate went up in both urban areas (12.5 percent vs 9.3 percent in Q2 2019) and rural areas (7.4 percent vs 6.1 percent).
2020-08-17
Egypt Jobless Rate Drops to 7.7% in Q1
Egypt's unemployment rate fell to 7.7 percent in the first quarter of 2020 compared to 8.1 percent in the same period a year ago. The number of unemployed persons went down by 31 thousand to 2.24 million. The official statistics agency CAPMAS clarified that it stopped collecting field data for the first quarter in mid-March, before the government began taking precautionary coronavirus-related measures.
2020-05-14
Egypt Jobless Rate Dips to 8% in Q4
The unemployment rate in Egypt decreased to 8 percent in the fourth quarter of 2019 compared to 8.9 percent in the same period a year earlier and 7.8 percent in the previous quarter. The number of unemployed persons went down by 162 thousand to 2.33 million.
2020-02-17

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