São Tomé & Príncipe Annual Unemployment Rate
São Tomé & Príncipe's annual unemployment rate rose to 9.17% in 2024, up from 9.07% in 2023, according to World Bank. This represents an increase of 0.1% from the previous year. São Tomé & Príncipe has annual unemployment rate higher than the global median (9.17% vs median 5.23%). Compared with the median in Africa, São Tomé & Príncipe is higher (9.17% vs regional median 5.55%) and ranks 18th out of 53 countries in Africa.
Yearly Historical Data (1991-2024)
(in %)São Tomé & Príncipe Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of São Tomé & Príncipe's labor force that is looking for work but does not have a job.