Unemployment Rate in Azerbaijan decreased to 5.30 percent in 2024 from 5.60 percent in 2023. Unemployment Rate in Azerbaijan averaged 6.51 percent from 1991 until 2024, reaching an all time high of 11.80 percent in 2000 and a record low of 0.90 percent in 1991. source: The State Statistical Committee of the Republic of Azerbaijan
Unemployment Rate in Azerbaijan is expected to reach 5.60 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Unemployment Rate is projected to trend around 5.40 percent in 2026, according to our econometric models.