Nigeria Ranks Highest in Unemployment

0
1301

The World of Statistics, a renowned statistical organization, released its latest report on global unemployment rankings, revealing Nigeria to have the highest level of unemployment in the world, with a staggering rate of 33.3%.

This unsettling news was shared via the organization’s official Twitter handle on Sunday.

The report also highlighted several other countries grappling with significant unemployment challenges.

Following closely behind Nigeria, South Africa secured the second spot on the list with an unemployment rate of 32.9%. Spain ranked third with a rate of 13.26%, while Greece followed closely at 11.2%. The top six was completed by Colombia at 10.7% and Turkey at 10%.

The comprehensive list, outlining the average unemployment rates of various countries, sheds light on the magnitude of the issue:

1. Nigeria: 33.3%
2. South Africa: 32.9%
3. Spain: 13.26%
4. Greece: 11.2%
5. Colombia: 10.7%
6. Turkey: 10%
7. Iran: 9.7%
8. Uruguay: 8.8%
9. Chile: 8.7%
10. Brazil: 8.5%
11. Italy: 7.8%
12. India: 7.8%
13. Sweden: 7.5%
14. Portugal: 7.2%
15. Egypt: 7.1%
16. France: 7.1%
17. Euro area: 6.5%
18. Pakistan: 6.5%
19. Paraguay: 6.5%
20. Venezuela: 6.4%
21. Argentina: 6.3%
22. Austria: 5.9%
23. Belgium: 5.6%
24. Germany: 5.6%
25. Indonesia: 5.45%
26. China: 5.2%
27. Canada: 5%
28. Saudi Arabia: 4.8%
29. Bangladesh: 4.7%
30. Philippines: 4.7%
31. UK: 3.9%
32. Ireland: 3.8%
33. Australia: 3.7%
34. US: 3.7%
35. Norway: 3.5%
36. Netherlands: 3.4%
37. Russia: 3.3%
38. Mexico: 2.8%
39. UAE: 2.75%
40. Japan: 2.6%
41. South Korea: 2.6%
42. Denmark: 2.4%
43. Vietnam: 2.25%
44. Switzerland: 2%
45. Singapore: 1.8%
46. Thailand: 1.05%
47. Cambodia: 0.36%
48. Qatar: 0.1%

These rankings highlight the diverse range of challenges faced by nations across the globe in their efforts to address unemployment and foster economic stability.