Unemployment Rate in Armenia averaged 12.95 percent from 1998 until 2022, reaching an all time high of 21.10 percent in the first quarter of 2019 and a record low of 6.30 percent in the first quarter of 2008. This page provides the latest reported value for - Armenia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Unemployment Rate in Armenia is expected to be 13.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Unemployment Rate is projected to trend around 15.00 percent in 2023, according to our econometric models.