Kuwait‘s unemployment rate saw a decrease from 2.41% in 2019 to 2.3% in 2020. This positive trend is a reflection of the country’s efforts to boost economic growth and create job opportunities for its citizens.

Meta description: Kuwait’s unemployment rate dropped to 2.3% in 2020 from 2.41% in 2019, indicating the country’s positive strides in creating job opportunities for its citizens.

 

Unemployment Rate in Kuwait decreased to 2.30 percent in 2020 from 2.41 percent in 2019

As of 2020, Kuwait’s unemployment rate was 2.3%, which was a decrease from 2.41% in 2019. The country has been making efforts to diversify its economy and create more job opportunities for its citizens, which has contributed to this positive trend in unemployment. However, Kuwait’s economy, like many others, has been impacted by the COVID-19 pandemic, and it remains to be seen how this will affect the unemployment rate in the coming years.

In Kuwait, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
3.70	3.50	3.70	0.50	1983 – 2021	percent	Yearly