The unemployment rate in Namibia decreased by 0.3 percentage points (-1.52 percent) in 2023 in comparison to the previous year. Nevertheless, the last two years recorded a significantly higher unemployment rate than the preceding years. The unemployment rate refers to the share of the workforce that is currently not working but is actively searching for work. It does not include the economically inactive population, such as the long-term unemployed, those aged under 15 years, or retired persons.
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World Bank. (September 19, 2024). Namibia: Unemployment rate from 2004 to 2023 [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/808804/unemployment-rate-in-namibia/
World Bank. "Namibia: Unemployment rate from 2004 to 2023." Chart. September 19, 2024. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/808804/unemployment-rate-in-namibia/
World Bank. (2024). Namibia: Unemployment rate from 2004 to 2023. Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/808804/unemployment-rate-in-namibia/
World Bank. "Namibia: Unemployment Rate from 2004 to 2023." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/808804/unemployment-rate-in-namibia/
World Bank, Namibia: Unemployment rate from 2004 to 2023 Statista, https://www.statista.com/statistics/808804/unemployment-rate-in-namibia/ (last visited October 08, 2024)
Namibia: Unemployment rate from 2004 to 2023 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/808804/unemployment-rate-in-namibia/