Unemployment rate (IMF) — all countries

Unemployment rate (IMF) — Nigeria

Unemployment rate (IMF) in Nigeria in 2018 — 22.6%. Ranked 111 in the world out of 115. Since 2010, the indicator has risen by 17.5 pp.

2018 22.6% +5.1 pp vs 2017
World rank 111of 115
Period maximum 22.6%2018
Period minimum 5.1%2010

Trend over time

2010–2018 · % of labor force

Unemployment rate (IMF) — Nigeria, 2010–201801020302010201120122013201420152016201720182010: 5.1%2011: 6%2012: 10.6%2013: 10%2014: 7.8%2015: 9%2016: 13.4%2017: 17.5%2018: 22.6%
Change over the period: +17.5 pp Annual average: 2.19 pp
Unemployment rate (IMF) — Nigeria, by year Nigeria All countries CSV XLSX
Year % Change, pp
2018 22.6 +5.1 pp
2017 17.5 +4.1 pp
2016 13.4 +4.4 pp
2015 9 +1.2 pp
2014 7.8 −2.2 pp
2013 10 −0.6 pp
2012 10.6 +4.6 pp
2011 6 +0.9 pp
2010 5.1

Western Africa, 2018

The same indicator for neighboring countries — with links to their pages

CV Cabo Verde 12.2 NG Nigeria 22.6

About the indicator

The unemployment rate as a percent of the labor force, from the IMF World Economic Outlook database. The series is shorter than the ILO one: the IMF publishes it only for countries with comparable labor market statistics, but in exchange it includes a forecast. For full country coverage there is the unemployment rate based on ILO data.

Source: World Economic Outlook (IMF), license IMF open data.