See 23 African Countries With The Lowest Unemployment Rates

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African countries lowest unemployment

Africa is witnessing its best growth performance in decades, but the world’s youngest continent, demographically speaking, continues to have high unemployment with few signs of recovery in 2017.

South Africa invariably comes up in the discussion about jobless rates in Africa, but it makes this list. Two thirds of African countries have higher unemployment.

The continent’s  youth population is expected to double to 830 million by 2050, according to the U.N. agency, International Labour Organization, which brings together governments, employers and workers from 187 member countries to set labor standards, develop policies and promote decent work.

High unemployment is a key factor shaping young people’s decision to migrate abroad permanently.

African youth are more willing than average to move permanently to another country: 38 percent in sub-Saharan Africa and 35 percent in Northern Africa in 2015 compared with 20 percent globally. In sub-Sahara, the percentage of youth willing to migrate ranges from 77 percent in Sierra Leone to 11 percent in Madagascar.

Below we’ve listed 23 African countries with the lowest unemployment rates. We’ve included each country’s ranking for unemployment compared to 201 countries around the world. Cambodia, No. 201 on the list, has zero unemployment. On the other end of the scale is Zimbabwe, with 95 percent unemployment.

As a basis for comparison, the U.S. has 7.3 percent unemployment.

The figures below include unemployment and underemployment data from as far back as Jan. 1, 2014. In some cases, true unemployment is unknown and, under current economic conditions, unknowable, according to the CIA World Factbook.

Mauritania

Unemployment: 30 percent

Global ranking out of 201 countries: 20

Libya

Unemployment: 30 percent

Global ranking out of 201 countries: 21

Mali

Unemployment: 30 percent

Global ranking out of 201 countries: 22

Namibia

Unemployment: 27.4 percent

Global ranking out of 201 countries: 28

Lesotho

Unemployment: 25 percent

Global ranking out of 201 countries: 30

South Africa to double tax-free wine exports to EUSouth Africa

Unemployment: 24.9 percent

Global ranking out of 201 countries: 31

Nigeria

Unemployment: 23.9 percent

Global ranking out of 201 countries: 32

Equatorial Guinea

Unemployment: 22.3 percent

Global ranking out of 201 countries: 36

Gabon

Unemployment: 21 percent

Global ranking out of 201 countries: 39

Cape Verde

Unemployment: 21 percent

Global ranking out of 201 countries: 40

Cormoros

Unemployment: 20 percent

Global ranking out of 201 countries: 44

Foreign companyBotswana

Unemployment: 17.8 percent

Global ranking out of 201 countries: 49

Post-Brexit Supply ChainsEthiopia

Unemployment: 17.5 percent

Global ranking out of 201 countries: 50

Tunisia

Unemployment: 17.2 percent

Global ranking out of 201 countries: 52

Mozambique

Unemployment: 17 percent

Global ranking out of 201 countries: 54

Zambia

Unemployment: 15 percent

Global ranking out of 201 countries: 67

Egypt

Unemployment: 13.4 percent

Global ranking out of 201 countries: 72

Ghana

Unemployment: 11 percent

Global ranking out of 201 countries: 86

Algeria

Unemployment: 10.3 percent

Global ranking out of 201 countries: 93

MauritiusMauritius

Unemployment: 8.3 percent

Global ranking out of 201 countries: 109

Central African Republic

Unemployment: 8 percent

Global ranking out of 201 countries: 114

Seychelles

Unemployment: 2 percent

Global ranking out of 201 countries: 189

Culled -http://afkinsider.com

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