Unemployment Rate in Albania increased to 12.60 percent in the first quarter of 2021 from 12.30 percent in the fourth quarter of 2020. source: Instituti i Statistikave (INSTAT)

Unemployment Rate in Albania averaged 14.78 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 June of 2021.

Unemployment Rate in Albania is expected to be 12.80 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 13.20 in 12 months time. In the long-term, the Albania Unemployment Rate is projected to trend around 12.50 percent in 2022 and 12.10 percent in 2023, according to our econometric models.

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Albania Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.60 12.30 22.30 11.60 1993 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-10 10:00 AM Q2 12.5% 11.9% 14.1%
2020-12-10 01:20 PM Q3 11.6% 12.5% 13.6%
2021-04-04 12:00 PM Q4 12.3% 12.1% 12.9%
2021-06-11 12:00 PM Q1 12.6% 12.3% 12.9%
2021-09-10 12:00 PM Q2 12.6% 12.8%
2021-12-10 01:00 PM Q3


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.