Unemployment Rate for Benin

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 1.72 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.065 percentage points compared to the value the year prior.
The 1 year change in percentage points is 0.065.
The 3 year change in percentage points is -0.057.
The 5 year change in percentage points is 0.508.
The 10 year change in percentage points is -0.15.

The Serie's long term average value is 1.36 percent. It's latest available value, on 12/31/2024, is 0.358 percentage points higher, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2002, to it's latest available value, on 12/31/2024, is +1.03.
The Serie's change in percentage points from it's maximum value, on 12/31/2011, to it's latest available value, on 12/31/2024, is -0.925.