Unemployment Rate in Kuwait decreased to 2.10 percent in 2023 from 2.20 percent in 2022. Unemployment Rate in Kuwait averaged 1.58 percent from 1983 until 2023, reaching an all time high of 3.50 percent in 2020 and a record low of 0.50 percent in 1990. source: SESRIC
Unemployment Rate in Kuwait is expected to reach 2.00 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Unemployment Rate is projected to trend around 2.30 percent in 2025 and 2.80 percent in 2026, according to our econometric models.