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Libya - Unemployment rate

17.7 (%) in 2017

In 2018, unemployment rate for Libya was 15.7 %. Though Libya unemployment rate fluctuated substantially in recent years, it tended to decrease through 1999 - 2018 period ending at 15.7 % in 2018.

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What is unemployment rate?

Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]

What is Libya unemployment rate?

Date Value Change, %
2017 17.7 -4.01 %
2016 18.4 0.36 %
2015 18.4 -0.71 %
2014 18.5 -1.35 %
2013 18.7 -1.52 %
2012 19.0 20.50 %
2011 15.8 -15.16 %
2010 18.6 1.82 %
2009 18.3 -3.12 %
2008 18.9 -2.20 %
2007 19.3 -0.70 %
2006 19.4