Unemployment Rate in Burkina Faso decreased to 5 percent in 2023 from 5.10 percent in 2022. Unemployment Rate in Burkina Faso averaged 3.60 percent from 1991 until 2023, reaching an all time high of 5.40 percent in 2021 and a record low of 2.40 percent in 1996. source: ILO
Unemployment Rate in Burkina Faso is expected to reach 5.20 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Unemployment Rate is projected to trend around 5.10 percent in 2025 and 4.80 percent in 2026, according to our econometric models.