Unemployment Rate for South Sudan

Indicator Definition:
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

The statistic "Unemployment Rate" stands at 12.37 percent as of 12/31/2023, the lowest value since 12/31/2009.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.101 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.101.
The 3 year change in percentage points is -1.87.
The 5 year change in percentage points is -0.479.
The 10 year change in percentage points is -0.291.

The Serie's long term average value is 12.52 percent. It's latest available value, on 12/31/2023, is 0.141 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/1997, to it's latest available value, on 12/31/2023, is +0.306.
The Serie's change in percentage points from it's maximum value, on 12/31/2020, to it's latest available value, on 12/31/2023, is -1.87.