Unemployment rate in Nigeria: our forecast to 2035
Satoria projects unemployment rate in Nigeria at about 3 modeled ILO estimate in 2035, from 3.1 modeled ILO estimate recorded in 2025.
How far the evidence reaches
Beyond tested horizon. Tests cover up to 5 years ahead (through 2030 from this reference), across 65 country series. Longer horizons extend beyond those tests. Colours show evidence, not certainty.
The path
- 2026: Satoria forecast 3.1 modeled ILO estimate (80% range 2.7 to 3.2)
- 2027: Satoria forecast 3.1 modeled ILO estimate (80% range 2.5 to 3.3)
- 2031: Satoria forecast 3.1 modeled ILO estimate (80% range 2.2 to 3.6)
- 2035: Satoria forecast 3 modeled ILO estimate (80% range 1.9 to 3.6)
Where it starts
The latest source value is 3.1 modeled ILO estimate recorded in 2025, published by World Bank - World Development Indicators. Everything after that year is Satoria's forecast, with the range printed next to it.
The same measure elsewhere
Every forecast we have for Nigeria · Unemployment rate in every country
This forecast as data: https://satoria-pipeline-production.up.railway.app/api/forecast/wb.unemployment_rate?country=NGA
Conditions and limits
A share of the workforce
Unemployment is the percentage of the labour force that is unemployed, not the percentage of all residents and not your personal chance of finding work. A change in participation or migration can change this rate without an equivalent change in the number of jobs.
What this number can establish
The published record supports a statistical projection and a model range. It does not establish why a future event will happen. Connections between measurements are predictive associations, not proof of causation. Source measurements, estimates and Satoria forecasts must be read separately.
The model range is not a guarantee. Historical test coverage is not the probability of the central forecast happening.
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