The number of unemployed persons in Nigeria increased to 15998 Thousand in the third quarter of 2017 from 13585.20 Thousand in the second quarter of 2017.

Unemployed Persons in Nigeria averaged 9684.11 Thousand from 2014 until 2017, reaching an all time high of 15998 Thousand in the third quarter of 2017 and a record low of 4672 Thousand in the fourth quarter of 2014. This page provides - Nigeria Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Unemployed Persons - values, historical data and charts - was last updated on October of 2020. source: National Bureau of Statistics, Nigeria

Unemployed Persons in Nigeria is expected to be 28100.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Nigeria to stand at 27500.00 in 12 months time. In the long-term, the Nigeria Unemployed Persons is projected to trend around 27400.00 Thousand in 2021 and 27800.00 Thousand in 2022, according to our econometric models.

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Nigeria Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
20927.60 20343.60 20927.60 4672.00 2014 - 2018 Thousand Quarterly
NSA

Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.10 23.10 27.10 5.10 percent [+]
Population 200.00 195.87 200.00 45.14 Million [+]
Unemployed Persons 20927.60 20343.60 20927.60 4672.00 Thousand [+]
Youth Unemployment Rate 36.50 38.00 38.00 11.70 percent [+]
Minimum Wages 30000.00 30000.00 30000.00 18000.00 NGN/Month [+]
Employed Persons 69542.90 69165.60 70665.90 66951.00 Thousand [+]
Employment Rate 76.90 77.30 93.60 76.90 percent [+]