Unemployment Rate for Djibouti

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 25.88 percent as of 12/31/2024, the lowest value since 12/31/1992.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.279 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.279.
The 3 year change in percentage points is -1.79.
The 5 year change in percentage points is -0.381.
The 10 year change in percentage points is -0.298.

The Serie's long term average value is 26.49 percent. It's latest available value, on 12/31/2024, is 0.618 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/1991, to it's latest available value, on 12/31/2024, is +0.206.
The Serie's change in percentage points from it's maximum value, on 12/31/2020, to it's latest available value, on 12/31/2024, is -1.84.