Labor Force Participation Rate in Albania remained unchanged at 69.80 percent in the third quarter of 2019 from 69.80 percent in the second quarter of 2019. Albania Labor Force Participation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Labor Force Participation Rate in Albania averaged 64.97 percent from 2012 until 2019, reaching an all time high of 69.80 percent in the second quarter of 2019 and a record low of 57.90 percent in the first quarter of 2014. This page provides - Albania Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Albania is expected to be 66.82 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Albania to stand at 66.17 in 12 months time. In the long-term, the Albania Labor Force Participation Rate is projected to trend around 65.35 percent in 2021 and 65.11 percent in 2022, according to our econometric models.


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Albania Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
69.80 69.80 69.80 57.90 2012 - 2019 percent Quarterly
NSA


Albania Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.