Eritrea Annual Unemployment Rate
Eritrea's annual unemployment rate fell to 5.55% in 2024, down from 5.59% in 2023, according to World Bank. This represents a decrease of 0.04% from the previous year. Eritrea has annual unemployment rate higher than the global median (5.55% vs median 5.23%). Within Africa, it ranks 27th out of 53 countries.
Yearly Historical Data (1991-2024)
(in %)Eritrea Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Eritrea's labor force that is looking for work but does not have a job.