Overview
Discussions Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
24.50% on Dec 31, 1997
Lowest
16.80% on Dec 31, 2012
About Namibia unemployment rate
In Namibia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
Frequently Asked Questions
To calculate Namibia unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Namibia unemployment rate is 16.80%.
The highest figure Namibia unemployment rate has ever reached is 24.50%.
In 2023 Namibia unemployment rate was 19.60%, and the previous year it amounted to 20.00%.