Unemployment Rate rose 15.1% to 9.15% in Equatorial Guinea in 2020, according to .
Historically, Unemployment Rate in Equatorial Guinea reached an all time high of 9.15% in 2020 and an all time low of 7.95% in 2019. When compared to Equatorial Guinea's main peers, Unemployment Rate in Cameroon amounted to 3.62%, 10.3% in Congo, 20.5% in Gabon and 9.01% in Nigeria in 2020.
Equatorial Guinea has been ranked 50th within the group of 175 countries we follow in terms of Unemployment Rate, 13 places above the position seen 10 years ago.
Unemployment Rate | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Angola | % | 7.31% | 7.26% | 7.20% | 7.10% | 7.00% | ||||||||||||||||
Benin | % | 2.61% | 2.57% | 2.52% | 2.44% | 2.37% | ||||||||||||||||
Cameroon | % | 3.53% | 3.51% | 3.47% | 3.41% | 3.36% | ||||||||||||||||
Central African Republic | % | 4.34% | 4.30% | 4.25% | 4.17% | 4.09% | ||||||||||||||||
Chad | % | 1.83% | 1.87% | 1.89% | 1.89% | 1.89% | ||||||||||||||||
Congo | % | 9.95% | 9.90% | 9.85% | 9.75% | 9.66% | ||||||||||||||||
Dem. Republic of the Congo | % | 4.44% | 4.40% | 4.35% | 4.26% | 4.18% | ||||||||||||||||
Equatorial Guinea | % | 8.36% | 8.31% | 8.24% | 8.13% | 8.03% | ||||||||||||||||
Gabon | % | 20.3% | 20.2% | 20.1% | 19.9% | 19.8% | ||||||||||||||||
Niger | % | 0.520% | 0.520% | 0.510% | 0.490% | 0.470% | ||||||||||||||||
Nigeria | % | 4.56% | 4.31% | 7.06% | 8.39% | 8.45% |