Algeria Unemployment rate (annual) in Algeria

International Monetary Fund · Annual · Importance

29.3% (1999) ANUAL · % · Annual · CSV
Period%
Jan 1999 29.3%
Jan 1998 28.0%
Jan 1997 28.0%
Jan 1996 28.0%
Jan 1995 28.1%
Jan 1994 24.4%
Jan 1993 23.2%
Jan 1992 21.4%
Jan 1991 20.3%
Jan 1990 19.8%

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually, covering the full year and subject to revision.
What it is
Measures the share of Algeria's labour force that is without work and actively seeking a job. Compiled by the National Statistics Office (ONS), it is the main indicator of the state of the Algerian labour market.
How it's calculated
It is estimated from ONS employment surveys applying the ILO definition of unemployment. It is expressed as an annual percentage of the labour force; publication in Algeria is irregular and released with a considerable lag.
Market implications
In an economy heavily dependent on hydrocarbons, the unemployment rate captures the ability to diversify and create jobs beyond the public sector. A high reading, especially among the young, is a source of social tension; the effect on the dinar is limited by the managed exchange-rate regime.
Limitations
The large informal sector and the high youth and female unemployment are not well reflected in the headline figure. Infrequent publication, sampling error and revisions reduce comparability over time.