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Nigeria Unemployment Rate — 2026 Data, Trend & Forecast

Nigeria's unemployment rate was 3.06% in December 2025, up from 3.04% the previous year. A year earlier it stood at 3.04%.

Nigeria's unemployment rate was 3.06% in December 2025, up from 3.04% the previous year. A year earlier it stood at 3.04%.

Nigeria's unemployment rate stands at 3.06% as of December 2025. Over the latest readings, the unemployment rate has moved within a band of 3.04% to 5.71%. The most recent figure of 3.06% is up from 3.04% a year earlier, and is 0.02% higher than a year ago.

The trend

Among the 226 economies tracked on this platform, Nigeria ranks #174 on unemployment rate by latest value. It rose from 3.04% in the previous year, and compares with a year-earlier 3.04%.

What's driving it

Joblessness tracks the business cycle, labour-force participation and structural shifts in industry, and tends to lag changes in output.

Recent readings

PeriodUnemployment rate
Dec 20253.06%
Dec 20243.04%
Dec 20233.07%
Dec 20223.83%
Dec 20215.40%
Dec 20205.71%
Dec 20195.21%
Dec 20185.07%

Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.

Frequently asked questions

What Is the Unemployment Rate in Nigeria in 2026?

Nigeria's unemployment rate was 3.06% in December 2025, up from 3.04% the previous year. A year earlier it stood at 3.04%.

Is the unemployment rate rising or falling in Nigeria?

It rose in the latest reading — 3.06% in December 2025 versus 3.04% a year earlier. Year on year it is higher.

What is unemployment rate?

It measures the share of the labour force that is without work but actively seeking a job.

Written by Leo Fontaine, Data Desk. The World Bank — World Development Indicators (CC BY 4.0) Figures may be revised — information only, not financial advice.