Namibia Annual Unemployment Rate
Namibia's annual unemployment rate fell to 19.15% in 2024, down from 19.36% in 2023, according to World Bank. This represents a decrease of 0.21% from the previous year. Namibia has the 8th highest annual unemployment rate. Within Africa, it ranks 7th out of 53 countries.
Yearly Historical Data (1991-2024)
(in %)Namibia Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Namibia's labor force that is looking for work but does not have a job.