Unemployment Rate in Guinea Bissau remained unchanged at 4.10 percent in 2019 from 4.10 percent in 2018.

Unemployment Rate in Guinea Bissau averaged 4.55 percent from 1979 until 2019, reaching an all time high of 10.14 percent in 1979 and a record low of 3.80 percent in 2008. This page provides - Guinea Bissau Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Guinea Bissau is expected to reach 4.40 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Unemployment Rate is projected to trend around 4.30 percent in 2021 and 4.40 percent in 2022, according to our econometric models.

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Guinea Bissau Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.10 10.14 3.80 1979 - 2019 percent Yearly

Guinea Bissau Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.10 10.14 3.80 percent [+]
Population 1.90 1.87 1.90 0.62 million [+]

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