Saudi Arabia Unemployment Rate

Unemployment Rate in Saudi Arabia decreased to 5.50 percent in the fourth quarter of 2013 from 5.60 percent in the third quarter of 2013. Unemployment Rate in Saudi Arabia is reported by the Central Department of Statistics and Information. Unemployment Rate in Saudi Arabia averaged 5.44 Percent from 1999 until 2013, reaching an all time high of 6.30 Percent in the fourth quarter of 2006 and a record low of 4.35 Percent in the fourth quarter of 1999. In Saudi Arabia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Saudi Arabia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.50 5.60 6.30 4.35 5.53 | 2014/03 1999 - 2013 Percent Quarterly

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Saudi Arabia Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 29.55 2012-12-31 28.08 29.55 4.04 31.61 2013-12-31 Million [+]
Unemployment Rate 5.50 2013-12-31 5.60 6.30 4.35 5.53 2014-03-31 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

Saudi Arabia Inflation Rate at 2.60 Percent  
The inflation rate in Saudi Arabia was recorded at 2.60 percent in March of 2014. Inflation Rate in Saudi Arabia is reported by the Saudi Arabian Monetary Agency.
Saudi Arabia Crude Oil Production at 9840.00 Thousands Barrels per Day  
Crude Oil Production in Saudi Arabia decreased to 9840 Thousands Barrels per Day in October of 2013 from 10140 Thousands Barrels per Day in September of 2013. Crude Oil Production in Saudi Arabia is reported by the U.S. Energy Information Administration.
Saudi Arabia Changes in Inventories at 288.00 SAR Million  
Changes in Inventories in Saudi Arabia decreased to 288 SAR Million in the fourth quarter of 2013 from 28756 SAR Million in the third quarter of 2013. Changes in Inventories in Saudi Arabia is reported by the Saudi Arabian Monetary Agency.
Saudi Arabia Consumer Price Index (CPI) at 128.80 Index Points  
Consumer Price Index (CPI) in Saudi Arabia increased to 128.80 Index Points in February of 2014 from 128.70 Index Points in January of 2014. Consumer Price Index (CPI) in Saudi Arabia is reported by the Ministry of Economy and Planning.
Saudi Arabia Consumer Spending at 213128.00 SAR Million  
Consumer Spending in Saudi Arabia increased to 213128 SAR Million in the fourth quarter of 2013 from 209332 SAR Million in the third quarter of 2013. Consumer Spending in Saudi Arabia is reported by the Saudi Arabian Monetary Agency.
Saudi Arabia GDP Constant Prices at 323164.00 SAR Million  
GDP Constant Prices in Saudi Arabia increased to 323164 SAR Million in the fourth quarter of 2013 from 318194 SAR Million in the third quarter of 2013. GDP Constant Prices in Saudi Arabia is reported by the Central Department Of Statistics & Information.
Saudi Arabia Government Spending at 150562.00 SAR Million  
Government Spending in Saudi Arabia increased to 150562 SAR Million in the fourth quarter of 2013 from 150472 SAR Million in the third quarter of 2013. Government Spending in Saudi Arabia is reported by the Saudi Arabian Monetary Agency.
Saudi Arabia Gross Fixed Capital Formation at 175843.00 SAR Million  
Gross Fixed Capital Formation in Saudi Arabia increased to 175843 SAR Million in the fourth quarter of 2013 from 153142 SAR Million in the third quarter of 2013. Gross Fixed Capital Formation in Saudi Arabia is reported by the Central Department Of Statistics & Information.
Saudi Arabia Balance of Trade at 231276.03 Million SAR  
Saudi Arabia recorded a trade surplus of 231276.03 Million SAR in the fourth quarter of 2013. Balance of Trade in Saudi Arabia is reported by the Saudi Arabian Monetary Agency.
Saudi Arabia Imports at 137786.10 Million SAR  
Imports in Saudi Arabia decreased to 137786.10 Million SAR in the fourth quarter of 2013 from 139070.67 Million SAR in the third quarter of 2013. Imports in Saudi Arabia is reported by the Saudi Arabian Monetary Agency.
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