Azerbaijan Unemployment Rate - Forecast

Unemployment Rate in Azerbaijan is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Unemployment Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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Azerbaijan Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 5 5 5 5 5 4.5
Employed Persons 4760 4808 4832 4849 4866 5096
Unemployed Persons 253 259 261 264 266 292
Minimum Wages 130 130 130 145 138 150
Population 9.8 9.87 9.9 9.92 9.95 10.2
Living Wage Family 755 755 755 775 755 775
Living Wage Individual 470 470 470 470 470 470
Wages 541 535 540 543 566 570
Wages High Skilled 649 670 670 670 613 680
Wages In Manufacturing 543 580 580 590 580 620
Wages Low Skilled 372 400 400 415 440 415
Retirement Age Men 63.5 63 63 63.75 64 64
Retirement Age Women 60.5 60 60 60.75 61 62