Azerbaijan: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 5.3 percent as of Q3 2024, a decline compared to the previous value of 5.4 percent. Historically, the average for Azerbaijan from Q1 2010 to Q3 2024 is 5.37 percent. The minimum of 4.8 percent was recorded in Q3 2015, while the maximum of 7.2 percent was reached in Q4 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: The State Statistical Committee of the Republic of Azerbaijan
| Recent values | Azerbaijan: Unemployment rate, percent |
|---|---|
| 2024 Q3 | 5.3 |
| 2024 Q2 | 5.4 |
| 2024 Q1 | 5.5 |
| 2023 Q4 | 5.5 |
| 2023 Q3 | 5.5 |
| 2023 Q2 | 5.5 |
| 2023 Q1 | 5.6 |
| 2022 Q4 | 5.6 |
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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 | 5.54 | 2023 | million people |
| Unemployment rate | 5.64 | 2023 | percent |
| Female unemployment | 6.50 | 2023 | percent |
| Male unemployment | 4.78 | 2023 | percent |
| Youth unemployment | 13.55 | 2023 | percent |
| Labor force participation | 70.22 | 2023 | percent |
| Labor force: percent female | 49.74 | 2023 | percent |
| Female labor force participation | 67.40 | 2023 | percent |
| Male labor force participation | 73.24 | 2023 | percent |
| Self-employment | 67.10 | 2022 | percent |
| Employment | 5.02 | Q3/2024 | million employed people |
| Unemployment rate | 5.30 | Q3/2024 | percent |
| Labor cost | 324.40 | Q3/2024 | index points |