Albania: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 10.65 percent as of Q4 2023, an increase compared to the previous value of 10.54 percent. Historically, the average for Albania from Q4 1997 to Q4 2023 is 14.21 percent. The minimum of 10.54 percent was recorded in Q3 2023, while the maximum of 18.4 percent was reached in Q1 2000.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Albanian Institute of Statistics (INSTAT)
| Recent values | Albania: Unemployment rate, percent |
|---|---|
| 2023 Q4 | 10.65 |
| 2023 Q3 | 10.54 |
| 2023 Q2 | 10.71 |
| 2023 Q1 | 10.85 |
| 2022 Q4 | 10.84 |
| 2022 Q3 | 10.57 |
| 2022 Q2 | 11.1 |
| 2022 Q1 | 11.3 |
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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 1.40 | 2023 | million people |
| Unemployment rate | 11.58 | 2023 | 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 |