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Liberia Annual Unemployment Rate

Liberia's annual unemployment rate fell to 2.88% in 2024, down from 2.93% in 2023, according to World Bank. This represents a decrease of 0.05% from the previous year. Liberia has annual unemployment rate lower than the global median (2.88% vs median 5.23%). Compared with the median in Africa, Liberia is lower (2.88% vs regional median 5.55%) and ranks 45th out of 53 countries in Africa.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 2.88%
2023 2.93%
2022 2.98%
2021 3.85%
2020 4.11%
2019 3.07%
2018 3.06%
2017 3.07%
2016 3.08%
2015 2.56%
2014 2.08%
2013 2.08%
2012 2.15%
2011 2.21%
2010 2.27%
2009 2.24%
2008 2.22%
2007 2.23%
2006 2.28%
2005 2.58%
2004 2.59%
2003 2.59%
2002 2.32%
2001 2.29%
2000 2.23%
1999 2.19%
1998 2.2%
1997 2.26%
1996 2.35%
1995 2.39%
1994 2.4%
1993 2.49%
1992 2.62%
1991 2.64%
Liberia Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Liberia's labor force that is looking for work but does not have a job.