Unemployment Rate in Namibia averaged 23.30 percent from 1997 until 2020, reaching an all time high of 37.60 percent in 2008 and a record low of 2.04 percent in 2019. This page provides - Namibia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Unemployment Rate - values, historical data and charts - was last updated on May of 2022.
Unemployment Rate in Namibia is expected to reach 36.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Unemployment Rate is projected to trend around 36.00 percent in 2022 and 34.50 percent in 2023, according to our econometric models.