eFDeFinidata
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Sub-Saharan Africa

Nigeria Unemployment

Share of the labor force that is without work but available for and seeking employment.

Latest Value

3.1%

As of 2025

YoY Change

+0.6%

2024 → 2025

Record High

5.7%

Recorded in 2020

Record Low

3.0%

Recorded in 2024

10-Year Average

4.4%

2016–2025

Data Range

1991–2025

35 data points

Source

World Bank

Code: SL.UEM.TOTL.ZS

Historical Trend

19912025

Analysis

Nigeria's unemployment rate of 3.06% is relatively low compared to other countries, indicating a strong labor market. This low rate may be due to various factors such as government initiatives and a growing economy. However, it is essential to consider other factors like underemployment and informal employment to get a comprehensive picture of the labor market.

Historical Data

ValueYoY ChangeChange %
20253.1%0.0%+0.6%
20243.0%0.0%-0.9%
20233.1%0.8%-19.7%
20223.8%1.6%-29.2%
20215.4%0.3%-5.4%
20205.7%0.5%+9.8%
20195.2%0.1%+2.7%
20185.1%0.2%+4.9%
20174.8%0.3%+7.4%
20164.5%0.4%+8.8%

Source: World Bank Open Data · 1991–2025