Unemployment Rate in Azerbaijan decreased to 4.80 percent in 2019 from 5.20 percent in 2018.
Unemployment Rate in Azerbaijan averaged 6.23 percent from 1991 until 2019, reaching an all time high of 11.80 percent in 2000 and a record low of 4.50 percent in 1996. This page provides - Azerbaijan Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Unemployment Rate - values, historical data and charts - was last updated on July of 2020.
Unemployment Rate in Azerbaijan is expected to reach 5.90 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Unemployment Rate is projected to trend around 6.10 percent in 2021 and 5.70 percent in 2022, according to our econometric models.