IMF Expects Iranian Unemployment Rate to Rise 0.2% in 2021

October 18, 2020
finance & economy

T he International Monetary Fund expects the unemployment rate in Iran to rise from 12.2% in 2020 to 12.4% in 2021.

In its latest World Economic Outlook report, the IMF put the 2019 rate at 10.7%.

According to the Statistical Center of Iran's latest report, the country’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.5% in the second quarter of the current Iranian year, indicating a 1% decline compared with the same period of last year.

A total of 2,477,350 Iranians were unemployed in Q2. Men’s unemployment stood at 8.1%, while the rate for women hovered around 16.5%.

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