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Nigeria Unemployment Rate 2020s

Name: Nigeria Unemployment Rate 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Unemployment as % of total labor force · World Bank

4.02% decade average (2020-2029)

Nigeria's unemployment rate during the 2020s ranged from 3.05% (2024) to 5.71% (2020), averaging 4.02% over 6 years of data.

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2020s Data▾

Year	Value	Change	Rank
2020	5.71%	+0.51pp	84th
2021	5.40%	−0.31pp	85th
2022	3.83%	−1.58pp	62nd
2023	3.07%	−0.75pp	46th
2024	3.05%	−0.03pp	43rd
2025	3.06%	+0.02pp	44th