Unemployment Rate in Nigeria

The unemployment rate as at the third quarter 2018 stood at 23.10% as against 22.70% in the second quarter.

The unemployment rate measures the total number of people within the labour force who are willing to work but cannot get any gainful employment.

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Data Source: Nigeria Bureau Statistics



Unemployment Rate Key Figures

UNEMPLOYMENT RATE Q3 2018
23.10%

Other Key Figures

PUBLIC DEBTS 2018
24,387.04 (BILLION NAIRA)
MONEY SUPPLY  NOVEMBER 2019
28,415,371.99 (MILLION NAIRA)
INFLATION FEBRUARY 2020
12.2%
ANNUAL PAYMENT SYSTEM STATISTICS 2018
POS 2.38 (TRILLION NAIRA)
BANK NET ASSETS 2019

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GDP Growth Rate (Quarterly)

Gross Domestic Product Growth Rate Q4 2019 (2.55%)

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Special Reports

Nairametrics Exclusive Research!

Q1 Deals Book

During the quarter, Nairametrics Research captured about 15 major corporate deals in Nigeria in the first quarter of 2019. Very diverse deals- Deals cut across the financial services sector, tech, agro-commerce, transportation and entertainment etc.


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Q2 Deals Book

This report summarises some of the corporate deals that were announced in the Second Quarter of 2019. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.


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Q3 Deals Book

This report summarises some of the corporate deals that were announced from First to Third Quarter of 2019. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.


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