Unemployment rate young vs older adults in Nigeria
Nigeria: Unemployment rate young vs older adults was 5.09 in 2024. ▲ Rising
Unemployment rate young vs older adults in Nigeria, 1991–2024
Source: Our World in Data.
Analysis
In 2024, unemployment rate young vs older adults in Nigeria stood at 5.09. That is the lowest value across all 34 years on record.
Compared with earlier readings it is down 0.8% on the previous year and down 36.7% over ten years.
Over the whole period, unemployment rate young vs older adults in Nigeria peaked at 10.84 in 2020 and was at its lowest, 5.09, in 2024.
Nigeria ranks 163rd of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Unemployment rate young vs older adults in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 7.43 | — |
| 1992 | 7.24 | -2.5% |
| 1993 | 7.56 | +4.3% |
| 1994 | 7.58 | +0.3% |
| 1995 | 7.7 | +1.6% |
| 1996 | 7.54 | -2.1% |
| 1997 | 7.45 | -1.2% |
| 1998 | 7.41 | -0.6% |
| 1999 | 7.55 | +1.9% |
| 2000 | 7.57 | +0.3% |
| 2001 | 7.54 | -0.4% |
| 2002 | 7.22 | -4.2% |
| 2003 | 7.23 | +0.2% |
| 2004 | 7.23 | -0.1% |
| 2005 | 7.54 | +4.3% |
| 2006 | 7.69 | +2.0% |
| 2007 | 7.86 | +2.2% |
| 2008 | 7.92 | +0.8% |
| 2009 | 7.84 | -1.1% |
| 2010 | 7.86 | +0.3% |
| 2011 | 7.9 | +0.4% |
| 2012 | 7.86 | -0.4% |
| 2013 | 7.71 | -1.9% |
| 2014 | 8.04 | +4.3% |
| 2015 | 8.46 | +5.1% |
| 2016 | 9.1 | +7.6% |
| 2017 | 9.71 | +6.7% |
| 2018 | 10.14 | +4.4% |
| 2019 | 10.42 | +2.8% |
| 2020 | 10.84 | +4.1% |
| 2021 | 8.99 | -17.1% |
| 2022 | 6.02 | -33.0% |
| 2023 | 5.13 | -14.8% |
| 2024 | 5.09 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.5 | 7.24 | 7.7 | 9 |
| 2000s | 7.56 | 7.22 | 7.92 | 10 |
| 2010s | 8.72 | 7.71 | 10.42 | 10 |
| 2020s | 7.22 | 5.09 | 10.84 | 5 |
Countries ranked near Nigeria
More work & labour data for Nigeria
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.0306 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.0025 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.0591 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 0.3624 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 2.71 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 287,130 1000 No (2050)
- Population - Est. & Proj. — Rural population 123,508 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 237,227 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 239,521 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 476,748 1000 No (2100)
Frequently asked questions
- What is unemployment rate young vs older adults in Nigeria?
- Unemployment rate young vs older adults in Nigeria was 5.09 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in Nigeria?
- The highest recorded value was 10.84 in 2020.
- What is the lowest unemployment rate young vs older adults recorded in Nigeria?
- The lowest recorded value was 5.09 in 2024.
- How does Nigeria rank for unemployment rate young vs older adults?
- Nigeria ranks 163rd out of 188 countries with data for 2024.
- Is unemployment rate young vs older adults rising or falling in Nigeria?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).