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Nigeria Lowest Unemployment Rate

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

3.05% in 2024

Unemployment as % of total labor force · World Bank

The lowest unemployment rate in Nigeria was 3.05% in 2024. The top 5 years were: 2024 (3.05%), 2025 (3.06%), 2023 (3.07%), 2004 (3.59%), 2003 (3.64%).

Top 5 Lowest Years▾

Nigeria Top 5 Lowest Unemployment Rate Years
Rank	Year	Value
1st	2024	3.05%
2nd	2025	3.06%
3rd	2023	3.07%
4th	2004	3.59%
5th	2003	3.64%

All Data (sorted by value)▾

Year	Value	Change	Rank
2025	3.06%	+0.02pp	44th
2024	3.05%	−0.03pp	43rd
2023	3.07%	−0.75pp	46th
2022	3.83%	−1.58pp	62nd
2016	4.50%	−4.50pp	63rd
2015	4.13%	−3.71pp	54th
2014	3.90%	−6.06pp	49th
2013	3.71%	−6.86pp	50th
2012	3.76%	−2.20pp	50th
2011	3.77%	−1.32pp	48th
2010	3.74%	−0.02pp	45th
2009	3.76%	−0.03pp	42nd
2008	3.79%	−0.00pp	53rd
2007	3.79%	+0.04pp	53rd
2006	3.75%	+0.02pp	49th
2005	3.73%	+0.14pp	42nd
2004	3.59%	−0.05pp	40th
2003	3.64%	−0.03pp	40th
2002	3.67%	−0.23pp	44th
2017	4.83%	−8.55pp	78th
2001	3.90%	−0.05pp	51st
2000	3.95%	−0.03pp	49th
1999	3.99%	+0.06pp	48th
1998	3.92%	−0.04pp	48th
1997	3.96%	−0.08pp	51st
1996	4.04%	−0.11pp	51st
2021	5.40%	−0.31pp	85th
2020	5.71%	+0.51pp	84th
2019	5.21%	−17.36pp	96th
2018	5.07%	−12.39pp	89th
1995	4.15%	+0.09pp	54th
1994	4.06%	+0.04pp	53rd
1993	4.02%	+0.23pp	57th
1992	3.79%	−0.04pp	63rd
1991	3.83%	–	69th

Show all

Unemployment Rate (all years) Highest ever Average Unemployment Rate 1990s Unemployment Rate 2000s Unemployment Rate 2010s Unemployment Rate 2020s Youth Unemployment Labor Force Participation Female Labor Participation Agriculture Employment Industry Employment vs Guinea-Bissau vs Chad vs Togo vs Burkina Faso Global Ranking