Unemployment Rate in Armenia decreased to 13.80 percent in the second quarter of 2024 from 15.50 percent in the first quarter of 2024. Unemployment Rate in Armenia averaged 12.95 percent from 1998 until 2024, reaching an all time high of 21.10 percent in the first quarter of 2019 and a record low of 6.30 percent in the first quarter of 2008. source: Statistical Committee of the Republic of Armenia

Unemployment Rate in Armenia is expected to be 13.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-08 10:00 AM
Unemployment Rate
Q1 15.5% 13.1% 14.00%
2024-10-07 10:00 AM
Unemployment Rate
Q2 13.8% 15.5% 13.00%
2025-01-10 10:00 AM
Unemployment Rate
Q3


Related Last Previous Unit Reference
Employed Persons 1174.00 1221.00 Thousand Sep 2024
Labor Force Participation Rate 60.40 57.70 percent Jun 2024
Minimum Wages 75000.00 75000.00 AMD/Month Jan 2024
Population 2.99 2.94 Million Dec 2023
Retirement Age Men 63.00 63.00 Years Dec 2024
Retirement Age Women 63.00 63.00 Years Dec 2024
Unemployed Persons 40.40 41.00 Thousand Sep 2024
Unemployment Rate 13.80 15.50 percent Jun 2024
Wages 279279.00 282568.00 AMD/Month Sep 2024
Wages in Manufacturing 234612.00 222467.00 AMD/Month Sep 2024

Armenia Unemployment Rate
In Armenia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
13.80 15.50 21.10 6.30 1998 - 2024 percent Quarterly