Unemployment Rate Evolution in Gambia from 2012 to 2023

Unemployment Rate Evolution in Gambia from 2012 to 2023

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TGM StatBox. (2024). Unemployment Rate Evolution in Gambia from 2012 to 2023. TGM StatBox.
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Key Takeaways

Gambia’s unemployment rate has seen notable changes, from 10.3% in 2012 to a low of 4.1% in 2018, indicating improvements in economic stability and job creation. However, recent challenges, including the pandemic's effect on tourism and agriculture, led to an increase to 6.5% by 2023. The reliance on limited sectors underscores the need for economic diversification to sustain employment levels and reduce vulnerabilities in its job market.

Explore related charts to gain a better understanding of Gambia’s median age shift, Gambia’s services sector GDP share, Gambia’s annual GDP growth rate.

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