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CONKLING KOPCIKECONOMICS
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Nigeria: Unemployment rate

Unemployed people as a percentage of the labour force, annual average, on each country's national definition.

Data status: Delayed
Official statisticSource figures as of October 8, 2026Sources & methods
Period covered
2010 – 2018
Source figures as of
October 8, 2026
Geography
Nigeria
Sector
Whole economy (not a single sector)
Seasonal adjustment
Not applicable
Transformations
Views other than the level (changes, averages, volatility) are calculated by CK Economics from these figures
Revisions
Replaced with the source’s latest figures whenever it revises them.
Data status
Delayed

Full method · Research standards

Key figures

CK estimate% of labour force · calculated by CK Economics from International Monetary Fund data

Latest · 2018
22.6
+5.1 pp vs a year earlier1
5-year change
+13 pp
since 20132
Record high
22.6
20183
Record low
5.1
20103
Where the latest ranks
100th pct.
Higher than 100% of the other 8 observations since 20104
  1. 1Latest observation against the observation one year earlier (for weekly data, the nearest within three days).
  2. 2Latest observation against the observation five and ten years earlier.
  3. 3Highest and lowest published observations across the full history shown.
  4. 4Share of the other published observations that are lower than the latest one, rounded down.

Methodology

Unemployed people as a percentage of the labour force, annual average, on each country's national definition. Figures for the years from the WEO's own year onward are IMF staff projections, labelled "IMF forecast". Earlier years are the IMF's series of reported data, which for some countries include IMF staff estimates for the latest years. The source has not published a recent figure for this series. Source series LUR. Licence: IMF terms of use (https://www.imf.org/en/About/copyright-and-terms).

How we collect, check and project every dataset →

Source

International Monetary Fund, World Economic Outlook (WEO October 2026). https://www.imf.org/external/datamapper/LUR@WEO/NGA

All data

9 observations, newest first · % of labour force

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PeriodValueChange y/y
201822.6+5.1 pp
201717.5+4.1 pp
201613.4+4.4 pp
20159+1.2 pp
20147.8−2.2 pp
201310−0.6 pp
201210.6+4.6 pp
20116+0.9 pp
20105.1—