Namibia Unemployment Rate

Unemployment Rate in Namibia decreased to 27.40 percent in 2012 from 37.60 percent in 2008. Unemployment Rate in Namibia is reported by the Central Bureau of Statistics, Namibia. Unemployment Rate in Namibia averaged 25.32 Percent from 1997 until 2012, reaching an all time high of 37.60 Percent in 2008 and a record low of 19.50 Percent in 1997. In Namibia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Namibia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
27.40 37.60 37.60 19.50 8.90 | 2014/06 1997 - 2012 Percent Yearly

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Namibia Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 2.10 2013-12-31 2.26 2.26 0.60 2.04 2014-06-30 Million [+]
Unemployment Rate 27.40 2012-12-31 37.60 37.60 19.50 8.90 2014-06-30 Percent [+]
[+]


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

Namibia Balance of Trade at -4339.96 NAD Million  
Namibia recorded a trade deficit of 4339.96 NAD Million in the fourth quarter of 2013. Balance of Trade in Namibia is reported by the Bank of Namibia.
Namibia Current Account at -1065.90 NAD Million  
Namibia recorded a Current Account deficit of 1065.90 NAD Million in the fourth quarter of 2013. Current Account in Namibia is reported by the Bank of Namibia.
Namibia Changes in Inventories at -3879.00 NAD Million  
Changes in Inventories in Namibia decreased to -3879 NAD Million in 2013 from -1458 NAD Million in 2012. Changes in Inventories in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Consumer Price Index (CPI) at 107.30 Index Points  
Consumer Price Index (CPI) in Namibia increased to 107.30 Index Points in March of 2014 from 106.60 Index Points in February of 2014. Consumer Price Index (CPI) in Namibia is reported by the Bank of Namibia.
Namibia Consumer Spending at 64552.00 NAD Million  
Consumer Spending in Namibia increased to 64552 NAD Million in 2013 from 60764 NAD Million in 2012. Consumer Spending in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Exports at 11530.20 NAD Million  
Exports in Namibia decreased to 11530.20 NAD Million in the fourth quarter of 2013 from 13771.50 NAD Million in the third quarter of 2013. Exports in Namibia is reported by the Bank of Namibia.
Namibia Government Spending at 23877.00 NAD Million  
Government Spending in Namibia increased to 23877 NAD Million in 2013 from 21917 NAD Million in 2012. Government Spending in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Gross Fixed Capital Formation at 27567.00 NAD Million  
Gross Fixed Capital Formation in Namibia increased to 27567 NAD Million in 2013 from 22953 NAD Million in 2012. Gross Fixed Capital Formation in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Gross National Income at 120267.00 NAD Million  
Gross National Product in Namibia increased to 120267 NAD Million in 2013 from 106945 NAD Million in 2012. Gross National Product in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Imports at -15870.20 NAD Million  
Imports in Namibia increased to -15870.20 NAD Million in the fourth quarter of 2013 from -19739.50 NAD Million in the third quarter of 2013. Imports in Namibia is reported by the Bank of Namibia.
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