Labor Force Participation Rate in Armenia decreased to 56.20 percent in the first quarter of 2021 from 56.70 percent in the fourth quarter of 2020. source: National Statistical Service of the Republic of Armenia

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 December of 2021.

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.

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Armenia Labor Force Participation Rate


Related Last Previous Unit Reference
Unemployed Persons 61.40 62.00 Thousand Jun/21
Labor Force Participation Rate 56.20 56.70 percent Mar/21
Population 2.96 2.96 Million Dec/20
Employed Persons 904.00 779.00 Thousand Jun/21
Wages In Manufacturing 183541.00 173287.00 AMD/Month Jun/21
Armenia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.