Unemployment Rate in Albania decreased to 12.10 percent in the second quarter of 2021 from 12.60 percent in the first quarter of 2021. source: Instituti i Statistikave (INSTAT)

Unemployment Rate in Albania averaged 14.75 percent from 1993 until 2021, reaching an all time high of 22.30 percent in the fourth quarter of 1993 and a record low of 11.60 percent in the fourth quarter of 2019. This page provides - Albania Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Unemployment Rate in Albania is expected to be 12.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Unemployment Rate is projected to trend around 13.30 percent in 2022 and 13.20 percent in 2023, according to our econometric models.

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Albania Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2021-06-11 12:00 PM Q1 12.6% 12.3% 12.9%
2021-09-10 12:00 PM Q2 12.1% 12.6% 12.8%
2021-12-10 01:00 PM Q3 12.1% 12.9%

Related Last Previous Unit Reference
Unemployment Rate 12.10 12.60 percent Jun/21
Employed Persons 1122.00 1108.00 Thousand Jun/21
Unemployed Persons 98.00 95.00 Thousand Jun/21
Labor Force Participation Rate 69.00 67.50 percent Jun/21
Wages 56710.00 56019.00 ALL/Month Jun/21
Minimum Wages 30000.00 30000.00 ALL/Month Jun/21
Youth Unemployment Rate 19.90 23.30 percent Jun/21
Employment Rate 60.70 59.00 percent Jun/21
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.