Unemployment Rate in Albania decreased to 11.70 percent in the first quarter of 2022 from 11.90 percent in the fourth quarter of 2021. source: Instituti i Statistikave (INSTAT)

Unemployment Rate in Albania averaged 14.67 percent from 1993 until 2022, reaching an all time high of 22.30 percent in the fourth quarter of 1993 and a record low of 11.60 percent in the fourth quarter of 2019. This page provides - Albania Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Unemployment Rate in Albania is expected to be 13.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Unemployment Rate is projected to trend around 13.20 percent in 2023, according to our econometric models.

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Albania Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-03-10 01:30 PM Q4 11.9% 11.6%
2022-06-10 12:00 PM Q1 11.7% 11.9%
2022-09-09 12:00 PM Q2 11.7%

Related Last Previous Unit Reference
Unemployment Rate 11.70 11.90 percent Mar 2022
Unemployed Persons 75.00 98.00 Thousand Sep 2021
Employed Persons 1122.00 1108.00 Thousand Jun 2021
Labor Force Participation Rate 72.00 70.40 percent Mar 2022
Wages 59242.00 59565.00 ALL/Month Mar 2022
Minimum Wages 32000.00 30000.00 ALL/Month Jun 2022
Youth Unemployment Rate 20.70 20.60 percent Mar 2022
Employment Rate 63.50 62.10 percent Mar 2022

Albania Unemployment Rate
In Albania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
11.70 11.90 22.30 11.60 1993 - 2022 percent Quarterly