Benin Unemployment Rate

Unemployment Rate in Benin decreased to 1 percent in 2010 from 3.50 percent in 2008. Unemployment Rate in Benin is reported by the INSAE. From 2001 until 2010, Benin Unemployment Rate averaged 3.3 Percent reaching an all time high of 5.5 Percent in December of 2001 and a record low of 1.0 Percent in December of 2010. In Benin, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Benin Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.00 3.50 5.50 1.00 -4.10 | 2014/06 2001 - 2010 Percent Yearly

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Benin Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 10.05 2012-12-31 9.78 10.05 2.42 10.46 2014-06-30 Million [+]
Unemployment Rate 1.00 2010-12-31 3.50 5.50 1.00 -4.10 2014-06-30 Percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Benin Inflation Rate at -1.50 Percent  
The inflation rate in Benin was recorded at -1.50 percent in February of 2014. Inflation Rate in Benin is reported by the Central Bank of West African States (BCEAO).
Benin Balance of Trade at -326.66 CFA Franc Billion  
Benin recorded a trade deficit of 326.66 CFA Franc Billion in the fourth quarter of 2013. Balance of Trade in Benin is reported by the INSAE, Benin.
Benin Imports at 393.87 CFA Franc Billion  
Imports in Benin decreased to 393.87 CFA Franc Billion in the fourth quarter of 2013 from 730.90 CFA Franc Billion in the third quarter of 2013. Imports in Benin is reported by the INSAE, Benin.
Benin Exports at 67.20 CFA Franc Billion  
Exports in Benin increased to 67.20 CFA Franc Billion in the fourth quarter of 2014 from 63.57 CFA Franc Billion in the third quarter of 2014. Exports in Benin is reported by the INSAE, Benin.
Benin Current Account to GDP at -9.50 Percent  
Benin recorded a Current Account deficit of 9.50 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Benin is reported by the Central Bank of West African States (BCEAO).
Benin GDP Annual Growth Rate at 5.40 Percent  
The Gross Domestic Product (GDP) in Benin expanded 5.40 percent in 2012 from the previous year. GDP Annual Growth Rate in Benin is reported by the Central Bank of West African States (BCEAO).
Benin Sales Tax Rate at 18.00 Percent  
The Sales Tax Rate in Benin stands at 18 percent. Sales Tax Rate in Benin is reported by the Direction Générale des Impôts et des Domaines.
Benin Government Debt To GDP at 18.80 Percent  
Benin recorded a Government Debt to GDP of 18.80 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Benin is reported by the Central Bank of West African States.
Benin Interest Rate at 3.50 Percent  
The benchmark interest rate in Benin was last recorded at 3.50 percent. Interest Rate in Benin is reported by the Central Bank of West African States (BCEAO).
Benin Population at 10.05 Million  
The total population in Benin was last recorded at 10.1 million people in 2012 from 2.4 million in 1960, changing 315 percent during the last 50 years. Population in Benin is reported by the World Bank.
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