Saudi Arabia Unemployment Rate
The unemployment rate among saudis dropped to 11 8 in q1 2020 compared to end of 2019 according to data from the saudi general authority for statistics.
Saudi arabia unemployment rate. Employment as a percentage of the population. Data learn how the world bank group is helping countries with covid 19 coronavirus. Saudi arabia s citizen unemployment rate fell to the lowest in more than three years as the kingdom s non oil economy recovers.
Unemployment total of total labor force modeled ilo estimate from the world bank. In 2019 saudi arabia s estimated unemployment rate amounted to approximately 5 93 percent. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
Meanwhile unemployment among all residents remained unchanged at 5 7. Saudi arabia unemployment rate for 2017 was 5 89 a 0 24 increase from 2016. Saudi arabia unemployment rate for 2019 was 5 93 a 0 11 decline from 2018.
National code of countries and nationalities. Unemployment rate in saudi arabia averaged 5 71 percent from 1999 until 2020 reaching an all time high of 9 percent in the second quarter of 2020 and a record low of 4 35 percent in the fourth quarter of 1999. Joblessness slipped to 12 in the third quarter from 12 3 in.
Unemployment rate in saudi arabia increased to 9 percent in the second quarter of 2020 from 5 70 percent in the first quarter of 2020. Out side labor force. In addition unemployment rate among males and females stood at 8 1 and 31 4 respectively in the same period.
The unemployment rate among saudis rose to 15 4 quarter on quarter qoq in q2 2020 compared to 11 8 in q1 2020 according to data from the saudi general authority for statistics. This decrease is down almost 0 1 percent from the year before. Unemployment as a percentage of the population.
The unemployment rate in saudi arabia fell to 12 7 percent in the fourth quarter of 2018 according to official data published on sunday by the general authority for statistics. Saudi unemployment rate rises to record high as economy splutters saudi arabia s economy contracted 7 percent in the second quarter from a year earlier as unemployment hit its highest level on record illustrating the damage wrought by the oil market turmoil combined with the coronavirus pandemic.
