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Guinea-Bissau Annual Unemployment Rate

Guinea-Bissau's annual unemployment rate fell to 2.62% in 2024, down from 2.65% in 2023, according to World Bank. This represents a decrease of 0.03% from the previous year. Guinea-Bissau has annual unemployment rate lower than the global median (2.62% vs median 5.23%). Compared with the median in Africa, Guinea-Bissau is lower (2.62% vs regional median 5.55%) and ranks 46th out of 53 countries in Africa.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 2.62%
2023 2.65%
2022 2.67%
2021 3.03%
2020 2.89%
2019 2.41%
2018 3.13%
2017 3.07%
2016 3.12%
2015 3.16%
2014 3.25%
2013 3.16%
2012 3.14%
2011 3.08%
2010 3.14%
2009 3.15%
2008 3.16%
2007 3.15%
2006 3.15%
2005 3.17%
2004 3.24%
2003 3.24%
2002 3.18%
2001 3.15%
2000 3.56%
1999 3.54%
1998 3.39%
1997 2.99%
1996 3.02%
1995 3.13%
1994 3.17%
1993 3.15%
1992 3.1%
1991 3.04%
Guinea-Bissau Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Guinea-Bissau's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 56.46% 56.48% 2024