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. Unemployment Rate in Albania averaged 14.97 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 percent in the second quarter of 2019.

Unemployment Rate in Albania is expected to be 11.90 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 11.80 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
2018-12-12 11:00 AM Unemployment Rate Q3 12.7% 12.9% 13%
2019-03-11 01:35 PM Unemployment Rate Q4 12.7% 12.7% 12.7%
2019-06-10 10:00 AM Unemployment Rate Q1 12.6% 12.7% 12.7%
2019-09-11 10:00 AM Unemployment Rate Q2 12% 12.6% 12.5%
2019-12-10 11:00 AM Unemployment Rate Q3 12% 11.9%


Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.00 12.60 22.30 12.00 percent [+]
Employed Persons 1145.00 1127.00 1161.00 892.00 Thousand [+]
Unemployed Persons 72.00 70.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 69.00 68.70 69.00 57.90 percent [+]
Wages 52645.00 51531.00 52645.00 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 20.90 22.20 34.20 20.90 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.60 22.30 12.00 1993 - 2019 percent Quarterly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.60 Jun/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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