Unemployment Rate in Equatorial Guinea increased to 9.20 percent in 2020 from 8 percent in 2019. source: International Labour Organization (ILO)

Unemployment Rate in Equatorial Guinea averaged 7.95 percent from 1983 until 2020, reaching an all time high of 9.20 percent in 2020 and a record low of 1.30 percent in 1983. This page provides - Equatorial Guinea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Equatorial Guinea Unemployment Rate - values, historical data and charts - was last updated on April of 2021.

Unemployment Rate in Equatorial Guinea is expected to reach 10.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Equatorial Guinea Unemployment Rate is projected to trend around 9.60 percent in 2022 and 9.10 percent in 2023, according to our econometric models.

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Equatorial Guinea Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.20 8.00 9.20 1.30 1983 - 2020 percent Yearly

Equatorial Guinea Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.20 8.00 9.20 1.30 percent [+]
Population 1.36 1.31 1.36 0.24 Million [+]


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