Armenia: Youth unemployment

* indicates monthly or quarterly data series

Youth unemployment, ages 15-24

 Latest value 24.57
 Year 2022
 Measure percent
 Data availability 1991 - 2022
 Average 15.46
 Min - Max 2.24 - 26.98
 Source The World Bank
For that indicator, we provide data for Armenia from 1991 to 2022. The average value for Armenia during that period was 15.46 percent with a minimum of 2.24 percent in 1991 and a maximum of 26.98 percent in 2018. The latest value from 2022 is 24.57 percent. For comparison, the world average in 2022 based on 176 countries is 16.72 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
Armenia - Youth unemployment - recent values

Historical chart
Armenia - Youth unemployment - historical chart - 1991-2022

We present the rate of youth unemployment for Armenia 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.

 Related indicators Latest value Reference Measure
 Labor force 1.39 2022 million people
 Unemployment rate 12.56 2022 percent
 Female unemployment 10.59 2022 percent
 Male unemployment 14.75 2022 percent
 Youth unemployment 24.57 2022 percent
 Labor force participation 62.70 2022 percent
 Labor force: percent female 52.76 2022 percent
 Female labor force participation 58.07 2022 percent
 Male labor force participation 68.84 2022 percent
 Employment 1.22 Q3/2023 million employed people
 Unemployment rate 12.05 Q3/2023 percent
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