Current Unemployment Rate 2024 In Nigeria. Nigeria's economy grew 3.19% in the second quarter of 2024 compared with the same quarter last year, lifted by higher crude oil production and the performance of its services sector, statistics. Nigeria youth unemployment rate for 2021 was 9.94%, a 2.57% decline from 2020.
“ilo modelled estimates and projections database ( iloest )”. The unemployment rate jumped to 5 percent in the third quarter of 2023, representing a third consecutive increase since the first quarter of 2023.