The unemployment rate in Albania fell to a new record low of 11.6 percent in the fourth quarter of 2019 from 12.7 percent in the corresponding period of 2018 and compared to 11.8 percent in the prior quarter. The jobless rate was lower for both men (11.8 percent vs 13 percent in Q4 2018) and women (11.4 percent vs 12.3 percent). At the same time, the youth unemployment rate, measuring job-seekers aged 15-29 years, decreased to 21.4 percent from 22.2 percent a year ago.

Unemployment Rate in Albania averaged 14.91 percent from 1993 until 2019, reaching an all time high of 22.30 percent in the fourth quarter of 1993 and a record low of 11.60 percent in the fourth quarter of 2019. This page provides - Albania Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Instituti i Statistikave (INSTAT)

Unemployment Rate in Albania is expected to be 14.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Albania to stand at 16.50 in 12 months time. In the long-term, the Albania Unemployment Rate is projected to trend around 14.50 percent in 2021 and 12.10 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Albania Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.60 11.80 22.30 11.60 1993 - 2019 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-06-10 10:00 AM Q1 12.6% 12.7% 12.7%
2019-09-11 10:00 AM Q2 12% 12.6% 12.5%
2019-12-17 11:00 AM Q3 11.8% 12% 11.9%
2020-03-10 11:00 AM Q4 11.6% 11.8% 11.8%
2020-06-10 10:00 AM Q1 11.6% 12.5%
2020-09-10 10:00 AM Q2 14.1%
2020-12-10 11:00 AM Q3 14.6%


News Stream
Albania Jobless Rate Falls to New Low of 11.6%
The unemployment rate in Albania fell to a new record low of 11.6 percent in the fourth quarter of 2019 from 12.7 percent in the corresponding period of 2018 and compared to 11.8 percent in the prior quarter. The jobless rate was lower for both men (11.8 percent vs 13 percent in Q4 2018) and women (11.4 percent vs 12.3 percent). At the same time, the youth unemployment rate, measuring job-seekers aged 15-29 years, decreased to 21.4 percent from 22.2 percent a year ago.
2020-03-10
Albania Jobless Rate Hits Fresh Low of 11.8%
The unemployment rate in Albania fell to a new record low of 11.8 percent in the third quarter of 2019 from 12.7 percent in the corresponding period of 2018 and compared to 12.0 percent in the prior quarter. The number of unemployed dropped by 2 thousand to 70 thousand and the number of employed rose by 10 thousand to 1.162 million. The jobless rate was lower for both men (11.9 percent vs 13.1 percent in Q3 2018) and women (11.8 percent vs 12.1 percent). Also, the youth unemployment rate decreased to 21.4 percent from 23.2 percent a year ago.
2019-12-17
Albania Jobless Rate at All-time Low
The unemployment rate in Albania fell to a record low of 12 percent in the second quarter of 2019 from 12.9 percent in the corresponding period of 2018 and compared to 12.6 percent in the prior quarter. The jobless rate was lower for both men (12.1 percent from 13.5 percent in Q2 2018) and women (11.8 percent from 12.2 percent). Also, the youth unemployment rate decreased to 20.9 percent from 22.6 percent a year earlier and 22.2 percent in the first quarter of 2019.
2019-09-11
Albania Unemployment Rate Falls to Over 10-Year Low
The unemployment rate in Albania decreased to 12.6 percent in the first quarter of 2019, the lowest since the third quarter of 2008, from 13.0 percent in the same period last year. The jobless rate was lower for both women (12.3 percent from 12.7 percent) and men (12.8 percent from 13.2 percent). Also, the youth unemployment rate dropped to 22.2 percent from 24.5 percent.
2019-06-10

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