Labor Force Participation Rate in Armenia averaged 60.46 percent from 2011 until 2021, reaching an all time high of 65.90 percent in the third quarter of 2011 and a record low of 54.80 percent in the first quarter of 2017. This page provides - Armenia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Labor Force Participation Rate - values, historical data and charts - was last updated on January of 2022.
Labor Force Participation Rate in Armenia is expected to be 61.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Armenia to stand at 61.70 in 12 months time. In the long-term, the Armenia Labor Force Participation Rate is projected to trend around 61.70 percent in 2022, according to our econometric models.