Albania Unemployment Rate  1993-2017 | Data | Chart | Calendar | Forecast

Albania's unemployment rate fell to 14.5 percent in the December quarter of 2016 from 15.2 percent in the previous quarter and from 17.7 percent in the same period of 2015. It was the lowest reading since the fourth quarter of 2012, as the number of unemployed declined by 12.6 thousand from the previous period to 191.5 thousand, while the number of employed fell by 12.7 thousand to 1.13 million. By contrast, youth unemployment rate rose to 28.1 percent, compared to 27.4 in the previous quarter. Unemployment Rate in Albania averaged 15.18 percent from 1993 until 2016, reaching an all time high of 22.30 percent in the fourth quarter of 1993 and a record low of 12.10 percent in the fourth quarter of 1996.

Albania Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-12 08:15 AM Q2 15.9% 16.9% 16.60
2016-12-12 10:40 AM Q3 15.2% 15.9% 15.4%
2017-03-10 10:00 AM Q4 14.5% 15.2% 14.6%
2017-06-12 10:00 AM Q1 14.5% 14.2%
2017-09-12 10:00 AM Q2 13.8%
2017-12-12 10:00 AM Q3 13.6%




Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.50 15.20 22.30 12.10 percent [+]
Unemployed Persons 101.00 115.00 301.00 101.00 Thousand [+]
Employed Persons 1052.00 1057.00 1161.00 892.00 Thousand [+]
Labor Force Participation Rate 65.70 67.30 67.30 57.90 percent [+]
Wages 54600.00 54550.00 54600.00 3084.00 ALL/Month [+]
Minimum Wages 22000.00 22000.00 22000.00 1200.00 ALL/Month [+]
Population 2.88 2.89 3.37 1.58 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Youth Unemployment Rate 28.10 27.40 34.20 23.60 percent [+]
Employment Rate 56.20 57.10 58.20 47.10 percent [+]


Albania Unemployment Rate Notes

In Albania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Albania Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
14.50 15.20 22.30 12.10 1993 - 2016 percent Quarterly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Switzerland 3.30 Apr/17
Mexico 3.19 Mar/17
Japan 2.80 Mar/17