Unemployment Rate in Armenia increased to 16.90 percent in the fourth quarter of 2018 from 15.30 percent in the third quarter of 2018. Unemployment Rate in Armenia averaged 12.15 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 17.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Armenia to stand at 17.10 in 12 months time. In the long-term, the Armenia Unemployment Rate is projected to trend around 14.10 percent in 2020, according to our econometric models.

Armenia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
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%
2019-02-05 08:00 AM Unemployment Rate 15.3% 15.7% 15.9%
2019-04-05 09:35 AM Unemployment Rate 16.9% 15.3% 16.90%
2019-07-08 01:00 PM Unemployment Rate 16.9% 16.90%
2019-10-07 11:55 AM Unemployment Rate 17.00%
2019-12-28 06:00 AM Unemployment Rate 16.90%


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 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16.90 15.30 20.70 6.30 1998 - 2018 percent Quarterly




Country Last Previous
South Africa 27.10 Dec/18
Turkey 14.70 Jan/19
Spain 14.45 Dec/18
Brazil 12.40 Feb/19
Italy 10.70 Feb/19
Argentina 9.10 Dec/18
France 8.80 Dec/18
Euro Area 7.80 Feb/19
Saudi Arabia 6.00 Dec/18
Canada 5.80 Mar/19
Indonesia 5.34 Sep/18
Australia 5.00 Mar/19
Russia 4.70 Mar/19
United Kingdom 3.90 Feb/19
China 3.80 Dec/18
South Korea 3.80 Mar/19
United States 3.80 Mar/19
India 3.53 Dec/18
Netherlands 3.30 Mar/19
Mexico 3.20 Mar/19
Germany 3.10 Feb/19
Switzerland 2.50 Mar/19
Japan 2.30 Feb/19
Singapore 2.20 Dec/18


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