Albania Unemployment Rate  Forecast


Albania Unemployment Rate
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Unemployment Rate in Albania is expected to be 13.80 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 13.00 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 Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 13.6 13.8 13.6 13.2 13 11.5
Employed Persons 1091 1089 1087 1084 1081 1055
Unemployed Persons 92 90.42 91.62 93.83 96.9 140
Labor Force Participation Rate 66.8 64.23 63.78 63.37 63.15 63.99
Wages 60500 61817 62436 62614 62770 62483
Minimum Wages 24000 24235 24380 24393 24413 24247
Population 2.88 2.88 2.88 2.88 2.88 2.85
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Youth Unemployment Rate 26.4 26.39 26.58 27.18 27.28 28.44
Employment Rate 57.3 55.64 55.31 54.47 53.65 53.75