The unemployment rate in Albania decreased to 12.7 percent in the three months to December 2018 from 13.6 percent in the corresponding period of 2017. It compares with 12.7 percent in the previous period, remaining the lowest rate since the last quarter of 2008. The jobless rate was lower for women (12.3 percent from 13.0 percent in Q4 2017) than for men (13.0 percent from 14.1 percent), Also, the youth unemployment rate went down to 22.3 percent from 24.6 percent. The employment rate increased to 60.0 percent from 58.2 percent. Also, the labour force participation rate went up to 68.7 percent from 67.4 percent a year ago. Unemployment Rate in Albania averaged 15.03 percent from 1993 until 2018, 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 12.70 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
width
height
Forecast Data Chart
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.


Calendar GMT Actual Previous Consensus TEForecast
2018-06-11 10:00 AM Unemployment Rate 13% 13.6% 13.4%
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 12.7% 12.7%
2019-09-10 10:00 AM Unemployment Rate 12.5%
2019-12-10 11:00 AM Unemployment Rate 12.3%


Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.70 12.70 22.30 12.10 percent [+]
Employed Persons 1135.00 1152.00 1161.00 892.00 Thousand [+]
Unemployed Persons 64.00 72.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 68.70 68.30 68.70 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 22.30 23.20 34.20 22.30 percent [+]
Employment Rate 60.00 59.70 60.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.70 12.70 22.30 12.10 1993 - 2018 percent Quarterly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Apr/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


Related

Latest