Flag of gq

Equatorial Guinea Annual Unemployment Rate

Equatorial Guinea's annual unemployment rate fell to 7.82% in 2024, down from 8.37% in 2023, according to World Bank. This represents a decrease of 0.55% from the previous year. Equatorial Guinea has annual unemployment rate higher than the global median (7.82% vs median 5.23%). Compared with the median in Africa, Equatorial Guinea is higher (7.82% vs regional median 5.55%) and ranks 21st out of 53 countries in Africa.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 7.82%
2023 8.37%
2022 8.46%
2021 8.98%
2020 8.78%
2019 8.06%
2018 7.97%
2017 8%
2016 7.96%
2015 7.95%
2014 7.84%
2013 7.86%
2012 7.96%
2011 8.04%
2010 8.07%
2009 7.94%
2008 7.83%
2007 7.88%
2006 7.92%
2005 8.01%
2004 8.03%
2003 8.11%
2002 8.09%
2001 8.03%
2000 7.96%
1999 7.95%
1998 7.89%
1997 7.83%
1996 7.79%
1995 7.74%
1994 7.7%
1993 7.59%
1992 7.45%
1991 7.25%
Equatorial Guinea Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Equatorial Guinea's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 52.75% 53% 2024