Armenia Unemployment Rate  Forecast 2016-2020

Unemployment Rate in Armenia is expected to be 16.20 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 16.80 in 12 months time. In the long-term, the Armenia Unemployment Rate is projected to trend around 15.60 percent in 2020, according to our econometric models.

Armenia Unemployment Rate
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Calendar GMT Forecasts Consensus
2017-09-29 06:00 AM Q2/2017 6 19.2 % Add Your Forecast
2017-12-29 06:00 AM Q3/2017 4 19.0 % Add Your Forecast





Armenia Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 19 16.2 16.5 17 16.8 15.6
Unemployed Persons 76.6 74.42 73.58 73.27 73.14 73.07
Labor Force Participation Rate 60.7 62.52 60.59 58.65 59.95 60.74
Wages 183643 190809 192996 186065 188853 191562
Minimum Wages 55000 65000 65000 55018 55001 75000
Population 3 3 3 3 3 2.99
Retirement Age Women 63 63 63 63 63 63
Retirement Age Men 63 63 63 63 63 63
Employed Persons 756 750 755 754 754 754
Wages In Manufacturing 185798 187044 186346 182790 182723 184093