Unemployment Rate for Algeria

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 11.43 percent as of 12/31/2024, the lowest value since 12/31/2017.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.274 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.274.
The 3 year change in percentage points is -2.20.
The 5 year change in percentage points is -0.832.
The 10 year change in percentage points is 1.22.

The Serie's long term average value is 17.62 percent. It's latest available value, on 12/31/2024, is 6.19 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2013, to it's latest available value, on 12/31/2024, is +1.61.
The Serie's change in percentage points from it's maximum value, on 12/31/1995, to it's latest available value, on 12/31/2024, is -20.41.