Top 10 African Countries With Highest Unemployment Rates

Onne most common element of unemployment in Africa is that it mainly affects the youth. The unemployment rate is defined as the percentage of unemployed workers in the total labor force, which includes workers who at present don’t work, in spite of the fact that they can do so. However there is a lagging indicator, meaning it rises and falls down to changing monetary circumstances rather than influencing or predicting them.

When the economy develops at a sound rate, the job market is plentiful and the unemployment rate drops. At the point when the economy is experiencing a downturn or other disturbance, the job market will in general withdraw and the unemployment rate rises accordingly.

In 2022, the youth unemployment rate in Africa averaged around 13 percent. The circumstance was especially basic in certain countries. In 2021, Djibouti recorded a youth unemployment rate of very nearly 80 percent, the highest rate on the continent. South Africa followed, with around 64 percent of the youthful labor force being unemployed. The test of comparing international unemployment rates. Below are the top 10 African countries with the highest unemployment rates.

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African countries with the highest unemployment rate;

1. South Africa 33%

2. Djibouti 28%

3. Eswatini 25%

4. Botswana 24%

5. Lesotho 24%

6. Congo Rep 23%

7. Gabon 22%

8 Namibia 21%

9. Somalia 20%

10. Sudan 19%

Source: World Bank