Unemployment Rate Evolution in Algeria from 1990 to 2016

Unemployment Rate Evolution in Algeria from 1990 to 2016

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Key Takeaways

From 1990 to 2016, Algeria’s unemployment rate experienced significant fluctuations driven by economic and social shifts. In the early 1990s, civil unrest and economic challenges pushed unemployment up to a peak of in 1995. Gradual improvements in political stability and economic reforms led to a steady decline, reaching by 2010. However, from 2012 onwards, unemployment hovered between and , impacted by lower oil prices, which heavily influence Algeria’s economy. The reduction to in 2016 reflects ongoing governmental efforts to diversify the economy, though structural unemployment remains a key issue for growth.

Explore related charts to gain a better understanding of military personnel share in Algeria, Algeria’s annual GDP growth rate, Algeria’s population growth rate.

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