Unemployment Rate in Rwanda increased to 16 percent in the third quarter of 2019 from 15 percent in the second quarter of 2019. Unemployment Rate in Rwanda averaged 11.74 percent from 2001 until 2019, reaching an all time high of 17.80 percent in the third quarter of 2017 and a record low of 1 percent in the fourth quarter of 2001.
Unemployment Rate in Rwanda is expected to be 15.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Rwanda to stand at 15.80 in 12 months time. In the long-term, the Rwanda Unemployment Rate is projected to trend around 14.60 percent in 2020, according to our econometric models.