Unemployment Rate in Sao Tome and Principe increased to 13.40 percent in 2019 from 13.30 percent in 2018.

Unemployment Rate in Sao Tome and Principe averaged 14.68 percent from 1991 until 2019, reaching an all time high of 17.60 percent in 2002 and a record low of 13.10 percent in 2017. This page provides - Sao Tome and Principe Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Sao Tome and Principe is expected to reach 16.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Unemployment Rate is projected to trend around 16.80 percent in 2021 and 17.70 percent in 2022, according to our econometric models.

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Sao Tome and Principe Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.40 13.30 17.60 13.10 1991 - 2019 percent Yearly

Sao Tome and Principe Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.40 13.30 17.60 13.10 percent [+]
Population 0.21 0.21 0.21 0.06 Million [+]


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