Saudi Arabia Unemployment Rate

Last Release

Jun 30, 2023

Actual

4.9

Units In

5.1

Frequency

Quarterly

Next Release

Dec 26, 2024

Time to Release

2 Months 22 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
9 Jun 2020	4.35 Dec 1999	5.82 %	1999-2023	General Authority for Statistics, Saudi Arabia

Latest Updates

The unemployment rate in Saudi Arabia fell to 3.3% in the second quarter of 2024, down from 3.5% in the previous quarter, marking the lowest rate since records began in 1999. The jobless rate for women stood at 10.8%, while it was 1.7% for men. The labor force participation rate increased by 0.2 percentage points from the first quarter, reaching 66.2% in the second quarter. Meanwhile, the employment rate rose to 64%, up from 63.7% in the previous quarter.