Labor Force Participation Rate in Armenia increased to 65.7 percent in the third quarter of 2018 from 64.00 percent in the second quarter of 2018. Labor Force Participation Rate in Armenia averaged 62.39 percent from 2011 until 2018, reaching an all time high of 65.90 percent in the third quarter of 2011 and a record low of 58.90 percent in the first quarter of 2017.

Labor Force Participation Rate in Armenia is expected to be 61.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Armenia to stand at 62.40 in 12 months time. In the long-term, the Armenia Labor Force Participation Rate is projected to trend around 61.70 percent in 2020, according to our econometric models.

Armenia Labor Force Participation Rate
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Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.90 15.30 20.70 6.30 percent [+]
Unemployed Persons 65.10 64.60 128.00 55.60 Thousand [+]
Labor Force Participation Rate 65.70 64.00 65.90 58.90 percent [+]
Wages 176874.00 172198.00 250029.00 99553.00 AMD/Month [+]
Minimum Wages 55000.00 55000.00 55000.00 5000.00 AMD/Month [+]
Population 2.97 2.98 3.63 1.87 Million [+]
Retirement Age Women 63.00 63.00 63.00 63.00 [+]
Retirement Age Men 63.00 63.00 63.00 63.00 [+]
Wages In Manufacturing 169877.00 174592.00 206380.00 102644.00 AMD/Monthly [+]
Employed Persons 770.00 681.00 1365.00 391.00 Thousand [+]


Armenia Labor Force Participation Rate

The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Armenia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
65.70 64.00 65.90 58.90 2011 - 2018 percent Quarterly




Country Last Previous
United Kingdom 79.30 Jan/19
France 72.30 Dec/18
Netherlands 71.00 Mar/19
Indonesia 69.20 Dec/18
Switzerland 68.50 Sep/18
Singapore 67.70 Dec/18
Australia 65.70 Mar/19
Canada 65.70 Mar/19
Italy 65.70 Feb/19
South Korea 63.10 Mar/19
United States 63.00 Mar/19
Russia 62.10 Feb/19
Brazil 61.60 Feb/19
Germany 61.50 Sep/18
Japan 61.40 Feb/19
South Africa 59.40 Dec/18
Mexico 59.20 Jan/19
Spain 58.61 Dec/18
Euro Area 57.30 Sep/18
Saudi Arabia 55.90 Dec/18
Turkey 52.90 Jan/19
India 52.50 Dec/13
Argentina 46.50 Dec/18


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