Unemployment in Saudi Arabia
Saudi Arabia Unemployment Chart
Note: This chart displays Unemployment Rate for Saudi Arabia from 2016 to 2023.
Source: Macrobond.
Saudi Arabia Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 5.6 | 7.7 | 6.1 | 4.9 | 4.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saudi Arabian unemployment projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Saudi Arabian unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saudi Arabian unemployment projections.
Want to get access to the full dataset of Saudi Arabian unemployment forecasts? Send an email to info@focus-economics.com.