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Saudi Arabia Annual Unemployment Rate

Saudi Arabia's annual unemployment rate fell to 3.9% in 2024, down from 4.01% in 2023, according to World Bank. This represents a decrease of 0.11% from the previous year. Saudi Arabia has annual unemployment rate lower than the global median (3.90% vs median 5.23%). Compared with the median in Asia, Saudi Arabia is lower (3.90% vs regional median 4.05%) and ranks 25th out of 48 countries in Asia.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 3.9%
2023 4.01%
2022 5.59%
2021 6.62%
2020 7.66%
2019 5.64%
2018 6.03%
2017 5.89%
2016 5.6%
2015 5.6%
2014 5.88%
2013 5.6%
2012 5.62%
2011 5.77%
2010 5.55%
2009 5.38%
2008 5.08%
2007 5.73%
2006 6.25%
2005 6.05%
2004 5.82%
2003 5.56%
2002 5.26%
2001 4.62%
2000 4.57%
1999 4.35%
1998 4.77%
1997 5.33%
1996 5.85%
1995 6.45%
1994 6.89%
1993 7.08%
1992 7.2%
1991 7.29%
Saudi Arabia Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Saudi Arabia's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 34.41% 34.11% 2024
Unemployment Rate 3.2% 2.8% Jun'25