Unemployment, total (% of total labor force) for South Africa : 27.99% (As of 2023-01-01)
Historical Data
Basic Info
Unemployment, total (% of total labor force) for South Africa was 27.99 as of 2023-01-01, according to International Labour Organization. Historically, Unemployment, total (% of total labor force) for South Africa reached a record high of 33.29 and a record low of 22.41, the median value is 28.84. Typical value range is from 25.52 to 28.74. The Year-Over-Year growth is -2.95%. GuruFocus provides the current actual value, an historical data chart and related indicators for Unemployment, total (% of total labor force) for South Africa - last updated on 2023-01-01.
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. The unemployment rate is the number of persons who are unemployed as a percent of the total number of employed and unemployed persons (i.e., the labour force). The series is part of the ILO modelled estimates and is harmonized to account for differences in national data and scope of coverage, collection and tabulation methodologies as well as for other country-specific factors. For more information, refer to the ILOSTAT pages on concepts and definitions and ILO modelled estimates and projections.
| Category | International Data |
| Region | ZAF |
| Source | International Labour Organization |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 27.99% | ||
| Latest Period | 2023-01-01 | ||
| Long Term Average | 27.13% | ||
| Average Annualized Growth Rate | -0.16% | ||
| Value from 1 year ago | 28.84% | ||
| Change from 1 year ago | -2.95% | ||
| Frequency | Annual | ||
| Unit | % |
Related Indicators
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