The unemployment rate in Albania decreased to 12.7 percent in the three months to September of 2018 from 14.0 percent in the corresponding period of 2017. It is the lowest rate since the last quarter of 2008. The jobless rate was lower for women (12.1 percent from 12.8 percent in Q3 2017) than for men (13.1 percent from 14.8 percent), Also, the youth unemployment rate went down by 2.8 percentage points to 23.2 percent. The employment rate increased to 59.7 percent from 57.7 percent, rising by 2.6 percentage points to 67.3 percent for men and by 1.6 percentage points to 52.1 percent for women. Also, the labour force participation rate went up to 68.3 percent from 67.1 percent a year ago. In the second quarter of 2018, the unemployment rate was higher at 12.9 percent. Unemployment Rate in Albania averaged 15.06 percent from 1993 until 2018, reaching an all time high of 22.30 percent in the fourth quarter of 1993 and a record low of 12.10 percent in the fourth quarter of 1996.

Unemployment Rate in Albania is expected to be 13.00 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 12.30 in 12 months time. In the long-term, the Albania Unemployment Rate is projected to trend around 11.50 percent in 2020, according to our econometric models.

Albania Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-12 11:00 AM Unemployment Rate 13.6% 14.0% 13.2%
2018-06-11 10:00 AM Unemployment Rate 13% 13.6% 13.4%
2018-09-11 09:25 AM Unemployment Rate 12.9% 13% 13.2%
2018-12-12 11:00 AM Unemployment Rate 12.7% 12.9% 13%
2019-03-12 11:00 AM Unemployment Rate 12.7% 13%
2019-06-11 10:00 AM Unemployment Rate 12.7%
2019-09-11 09:25 AM Unemployment Rate 12.5%


Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.70 12.90 22.30 12.10 percent [+]
Employed Persons 1137.00 1128.00 1161.00 892.00 Thousand [+]
Unemployed Persons 78.00 85.00 301.00 78.00 Thousand [+]
Labor Force Participation Rate 68.30 68.00 68.30 57.90 percent [+]
Wages 60595.00 59728.00 61600.00 3084.00 ALL/Month [+]
Minimum Wages 24000.00 24000.00 24000.00 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 23.20 22.60 34.20 22.60 percent [+]
Employment Rate 59.70 57.30 59.70 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12.70 12.90 22.30 12.10 1993 - 2018 percent Quarterly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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