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. Unemployment Rate in Albania averaged 15.01 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 12.10 percent in the fourth quarter of 1996.

Unemployment Rate in Albania is expected to be 12.50 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 12.20 in 12 months time. In the long-term, the Albania Unemployment Rate is projected to trend around 12.10 percent in 2020, according to our econometric models.

Albania Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-11 09:25 AM Unemployment Rate 12.9% 13% 13.2%
2018-12-12 11:00 AM Unemployment Rate 12.7% 12.9% 13%
2019-03-11 01:35 PM Unemployment Rate 12.7% 12.7% 12.7%
2019-06-10 10:00 AM Unemployment Rate 12.6% 12.7% 12.7%
2019-09-10 10:00 AM Unemployment Rate 12.6% 12.5%
2019-12-10 11:00 AM Unemployment Rate 12.3%


Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.60 12.70 22.30 12.10 percent [+]
Employed Persons 1127.00 1135.00 1161.00 892.00 Thousand [+]
Unemployed Persons 70.00 64.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 69.00 68.70 69.00 57.90 percent [+]
Wages 60494.00 60595.00 61600.00 3084.00 ALL/Month [+]
Minimum Wages 26000.00 26000.00 26000.00 1200.00 ALL/Month [+]
Population 2.87 2.88 3.37 1.58 Million [+]
Retirement Age Women 60.67 60.50 60.67 50.00 [+]
Retirement Age Men 65.00 65.00 65.00 55.00 [+]
Youth Unemployment Rate 22.20 22.30 34.20 22.20 percent [+]
Employment Rate 60.30 60.00 60.30 47.10 percent [+]


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. This page provides - Albania Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.60 12.70 22.30 12.10 1993 - 2019 percent Quarterly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 May/19
Indonesia 5.01 Mar/19
Russia 4.50 May/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.30 May/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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