The unemployment rate in Armenia decreased to 15.7 percent in the second quarter of 2018 from 17.8 percent in the same period of the previous year. The number of unemployed persons decreased by 23.4 thousand to 202.5 thousand while employment increased by 48.8 thousand to 1,090.3 thousand. Meanwhile, the labor force participation rate went up to 64 percent from 60.5 percent a year earlier. Unemployment Rate in Armenia averaged 12.05 percent from 1998 until 2018, reaching an all time high of 20.70 percent in the first quarter of 2011 and a record low of 6.30 percent in the first quarter of 2008.

Unemployment Rate in Armenia is expected to be 16.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Armenia to stand at 16.00 in 12 months time. In the long-term, the Armenia Unemployment Rate is projected to trend around 16.60 percent in 2020, according to our econometric models.

Armenia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-29 08:20 AM Unemployment Rate 16.5% 17.8% 17.4%
2018-03-30 09:45 AM Unemployment Rate 18% 16.5% 16.6%
2018-07-31 01:00 PM Unemployment Rate 17.6% 18% 17.5%
2018-10-31 11:55 AM Unemployment Rate 15.7% 17.6% 17.1%
2018-12-28 06:00 AM Unemployment Rate 15.7% 15.8%
2019-03-30 09:45 AM Unemployment Rate 16.9%
2019-07-31 01:00 PM Unemployment Rate 16.9%


Armenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.70 17.60 20.70 6.30 percent [+]
Unemployed Persons 65.60 66.40 128.00 55.60 Thousand [+]
Labor Force Participation Rate 64.00 60.70 65.90 58.90 percent [+]
Wages 166540.00 172568.00 250029.00 99553.00 AMD/Month [+]
Minimum Wages 55000.00 55000.00 55000.00 5000.00 AMD/Month [+]
Population 2.98 2.99 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 155863.00 162092.00 206380.00 102644.00 AMD/Monthly [+]
Employed Persons 1105.00 1070.00 1365.00 391.00 Thousand [+]


Armenia Unemployment Rate

In Armenia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Armenia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
15.70 17.60 20.70 6.30 1998 - 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
South Korea 3.90 Oct/18
China 3.82 Sep/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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