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Nigeria — Unemployment

Unemployment Rate for Nigeria, 1991–2025.

Latest value · 2025
3.06%
Unemployment Rate · % of total labor force · -20.0% since 1991

Unemployment for Nigeria was 3.06% in 2025, according to the latest World Bank data. The series covers 35 years, from 1991 to 2025. The highest recorded value was 5.71% in 2020. The lowest was 3.04% in 2024 (about 1.0× the low point). Across that span the compound annual growth rate works out to -0.65% per year.

Nigeria ranks 144 of 187 economies on this measure (1 = highest), putting it in the top 77%. The median for Sub-Saharan Africa is 5.45%, so Nigeria sits below it. It peaked in 2020 and has fallen 46% since. Over the last decade (2015–2025) the figure moved down 26%.

Key figures

Latest (2025)
3.06%
First (1991)
3.83%
Change
-20.0%
Highest
5.71%
in 2020
Lowest
3.04%
in 2024
Average
4.00%
Annual growth (CAGR)
-0.65%
Years of data
35

Recent years

Year% of total labor force
20253.06%
20243.05%
20233.07%
20223.83%
20215.4%
20205.71%
20195.21%
20185.07%
20174.83%
20164.5%
20154.13%
20143.9%
Reading this correctly. Share of the labor force without work but available for and seeking employment. National definitions differ, so cross-country comparison needs care. Figures are in % of total labor force. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator SL.UEM.TOTL.ZS — Unemployment Rate. Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.