Unemployment Rate In Saudi Arabia 2019
Saudi arabia unemployment rate for 2019 was 5 93 a 0 11 decline from 2018.
Unemployment rate in saudi arabia 2019. 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. The unemployment rate in saudi arabia fell to 12 5 percent in the first quarter of 2019 according to official data released on sunday by the general authority for statistics gastat. Out side labor force.
Saudi arabia youth unemployment rate for 2017 was 26 85 a 2 23 increase from 2016. Saudi arabia s citizen unemployment rate fell to the lowest in more than three years as the kingdom s non oil economy recovers. Saudi arabia youth unemployment rate for 2019 was 28 59 a 0 26 decline from 2018.
Employment as a percentage of the population. Unemployment as a percentage of the population. This decrease is down almost 0 1 percent from the year before.
The jobless rate of the total saudi population including expatriates dropped to 5 7 percent compared to 6 percent during q4 of 2018. Saudi arabia unemployment rate for 2018 was 6 04 a 0 15 increase from 2017. Youth unemployment refers to the share of the labor force ages 15 24 without work but available for and seeking employment.
The data reached an all time high of 7 30 in dec 1991 and a record low of 4 34 in dec 1999. The unemployment rate for saudi arabian citizens fell to 12 3 percent in the second quarter of 2019 from 12 5 percent in first quarter 2019 according to. Labor market bulletin methodology.
Saudi arabia s unemployment rate is updated yearly available from dec 1991 to dec 2019 with an average rate of 5 70. Saudi arabia s unemployment rate dropped to 5 70 in dec 2019 from the previously reported number of 6 00 in dec 2018. The unemployment rate among saudi men reached 6 6 percent while the rate among saudi women stood at 31 7 percent in q1 of 2019.
Updated on december 15 2019 9 57 am est. 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. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
In 2019 saudi arabia s estimated unemployment rate amounted to approximately 5 93 percent. The data is reported by reported by ceic data.