Namibia Unemployment Rate 1991-2024
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Namibia unemployment rate for 2023 was 19.42%, a 0.33% decline from 2022.
- Namibia unemployment rate for 2022 was 19.75%, a 1.13% decline from 2021.
- Namibia unemployment rate for 2021 was 20.88%, a 0.09% decline from 2020.
- Namibia unemployment rate for 2020 was 20.97%, a 1.02% increase from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Unemployment Rate (%) |
| South Africa | 27.99% |
| Botswana | 23.38% |
| Gabon | 20.36% |
| Namibia | 19.42% |
| Libya | 18.74% |
| St. Vincent and the Grenadines | 18.67% |
| Jordan | 17.94% |
| Iraq | 15.53% |
| Montenegro | 15.25% |
| North Macedonia | 13.08% |
| Guyana | 12.43% |
| Algeria | 11.81% |
| Albania | 11.58% |
| Lebanon | 11.57% |
| St. Lucia | 11.09% |
| Bosnia | 10.42% |
| Samoa | 9.75% |
| Colombia | 9.57% |
| Turkey | 9.41% |
| Iran | 9.10% |
| Serbia | 8.68% |
| Equatorial Guinea | 8.67% |
| Armenia | 8.59% |
| Costa Rica | 8.30% |
| Belize | 8.26% |
| Brazil | 7.95% |
| Suriname | 7.70% |
| Mauritius | 6.06% |
| Paraguay | 5.78% |
| Azerbaijan | 5.64% |
| Romania | 5.60% |
| Dominican Republic | 5.56% |
| Venezuela | 5.53% |
| Kazakhstan | 4.85% |
| Peru | 4.82% |
| China | 4.67% |
| Jamaica | 4.42% |
| Fiji | 4.33% |
| Bulgaria | 4.30% |
| Maldives | 4.13% |
| Turkmenistan | 4.12% |
| Malaysia | 3.86% |
| Belarus | 3.57% |
| Ecuador | 3.37% |
| Russia | 3.33% |
| Mexico | 2.81% |
| Guatemala | 2.71% |
| Tonga | 2.30% |
| Cuba | 1.16% |
| Thailand | 0.91% |
| Namibia Unemployment Rate - Historical Data | ||
|---|---|---|
| Year | Unemployment Rate (%) | Annual Change |
| 2023 | 19.42% | -0.33% |
| 2022 | 19.75% | -1.13% |
| 2021 | 20.88% | -0.09% |
| 2020 | 20.97% | 1.02% |
| 2019 | 19.95% | 0.07% |
| 2018 | 19.88% | -1.86% |
| 2017 | 21.74% | -1.61% |
| 2016 | 23.35% | 2.55% |
| 2015 | 20.80% | 2.28% |
| 2014 | 18.52% | -0.51% |
| 2013 | 19.03% | 2.26% |
| 2012 | 16.77% | -2.71% |
| 2011 | 19.48% | -2.64% |
| 2010 | 22.12% | -0.13% |
| 2009 | 22.25% | 0.25% |
| 2008 | 22.00% | -0.11% |
| 2007 | 22.11% | 0.25% |
| 2006 | 21.86% | -0.24% |
| 2005 | 22.11% | 0.02% |
| 2004 | 22.09% | 0.02% |
| 2003 | 22.07% | 0.56% |
| 2002 | 21.51% | 0.52% |
| 2001 | 20.99% | 0.69% |
| 2000 | 20.30% | -1.37% |
| 1999 | 21.67% | -1.41% |
| 1998 | 23.08% | -1.37% |
| 1997 | 24.45% | 1.61% |
| 1996 | 22.84% | 1.52% |
| 1995 | 21.32% | 1.92% |
| 1994 | 19.40% | 0.30% |
| 1993 | 19.10% | 0.17% |
| 1992 | 18.92% | -0.22% |
| 1991 | 19.14% | -0.22% |