Albania: Youth unemployment

* indicates monthly or quarterly data series

Youth unemployment, ages 15-24

 Latest value 26.94
 Year 2023
 Measure percent
 Data availability 1991 - 2023
 Average 29.75
 Min - Max 16.12 - 47.03
 Source The World Bank
For that indicator, we provide data for Albania from 1991 to 2023. The average value for Albania during that period was 29.75 percent with a minimum of 16.12 percent in 1991 and a maximum of 47.03 percent in 1992. The latest value from 2023 is 26.94 percent. For comparison, the world average in 2023 based on 178 countries is 16.02 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Albania - Youth unemployment - Recent values chart

Historical chart
Albania - Youth unemployment - historical chart - 1991-2023

We present the rate of youth unemployment for Albania and other countries. Youth unemployment is the percent of 15-24 year olds who are part of the labor force but are unemployed. Recall that the labor force includes the employed and the unemployed people.
Definition: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.

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 Related indicators Latest value Reference Measure
 Labor force 1.40 2023 million people
 Unemployment rate 11.63 2022 percent
 Female unemployment 10.94 2023 percent
 Male unemployment 11.20 2023 percent
 Youth unemployment 26.94 2023 percent
 Labor force participation 60.18 2023 percent
 Labor force: percent female 44.26 2023 percent
 Female labor force participation 52.82 2023 percent
 Male labor force participation 67.65 2023 percent
 Self-employment 52.82 2022 percent
 Informal employment 56.70 2019 percent
 Employment 1.34 Q3/2023 million employed people
 Unemployment rate 10.54 Q3/2023 percent
 Labor cost 155.54 Q3/2023 index points
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