Egypt's unemployment rate fell to 7.3 percent in the second quarter of 2021 compared to a near two-year high of 9.6 percent in the same period a year ago and 7.4 percent in the previous quarter. The number of unemployed persons declined by 459 thousand to 2.115 million, including more than 1.3 million males and 732 thousand females. source: CAPMAS, Egypt
Unemployment Rate in Egypt averaged 10.51 percent from 1993 until 2021, reaching an all time high of 13.40 percent in the third quarter of 2013 and a record low of 7.20 percent in the fourth quarter of 2020. This page provides - Egypt Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Unemployment Rate in Egypt is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Unemployment Rate is projected to trend around 7.10 percent in 2022 and 7.00 percent in 2023, according to our econometric models.