Unemployment Rate for Ghana

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 3.01 percent as of 12/31/2024, the lowest value since 12/31/2014.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.056 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.056.
The 3 year change in percentage points is -0.377.
The 5 year change in percentage points is -0.153.
The 10 year change in percentage points is -1.41.

The Serie's long term average value is 5.45 percent. It's latest available value, on 12/31/2024, is 2.44 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 +0.834.
The Serie's change in percentage points from it's maximum value, on 12/31/2000, to it's latest available value, on 12/31/2024, is -7.45.