Unemployment / Nigeria
Nigeria Unemployment
Nigeria unemployment data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 3.06%.
COUNTRY: Nigeria
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:45
GM ECONOMY RATING
Nigeria · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
74 / 100
Good stability
Fiscal stability
n/a
Macroeconomic stability
14.1 / 20
External stability
13.0 / 15
Financial robustness
11.0 / 15
Structural stability
10.0 / 15
Future capacity
n/a
Demographic capacity
3.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 67% of weighted inputs available.
Time range:
Selected year: · Value:
Nigeria · unemployment data as percent of GDP.
Latest
3.06%
Previous
3.05%
Range avg.
4.37%
Rank
82
Countries by unemployment
full rankingGM ECONOMY
Data Navigator
Countries, indicators and comparisons
CountryNigeria
IndicatorUnemployment
3.06%2025 · Rank 82
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Nigeria recorded 3.06% for Unemployment in 2025, the latest available observation in this dataset.
Compared with 2024, the indicator increased by 0.02 percentage points, from 3.05% to 3.06%.
The latest observation is below the average of the last 10 available observations (4.37%).
Across the five latest available observations (2021–2025), the pattern is predominantly downward.
Within the last 10 available observations, the low was 3.05% in 2024 and the high was 5.71% in 2020.
Comparison
Related indicators
Youth UnemploymentSL.UEM.1524.ZS
Employment RateSL.EMP.TOTL.SP.ZS
Labor Force ParticipationSL.TLF.CACT.ZS
Labor Force TotalSL.TLF.TOTL.IN
Vulnerable EmploymentSL.EMP.VULN.ZS