Unemployment Rate in Albania increased to 10.70 percent in the fourth quarter of 2023 from 10.50 percent in the third quarter of 2023. Unemployment Rate in Albania averaged 14.27 percent from 1993 until 2023, reaching an all time high of 22.30 percent in the fourth quarter of 1993 and a record low of 10.50 percent in the third quarter of 2023. source: Instituti i Statistikave (INSTAT)

Unemployment Rate in Albania is expected to be 10.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2023-12-12 10:30 AM
Unemployment Rate
Q3 10.5% 10.7% 11.1%
2024-03-12 08:30 AM
Unemployment Rate
Q4 10.7% 10.5% 10.4%
2025-03-11 08:30 AM
Unemployment Rate
Q4 10.20%


Related Last Previous Unit Reference
Employed Persons 1325.00 1338.00 Thousand Dec 2023
Employment Rate 57.10 57.70 percent Dec 2023
Labor Force Participation Rate 63.90 64.50 percent Dec 2023
Minimum Wages 40000.00 40000.00 ALL/Month Sep 2024
Unemployed Persons 75.00 77.00 Thousand Dec 2023
Unemployment Rate 10.70 10.50 percent Dec 2023
Wages 77669.00 75114.00 ALL/Month Sep 2024
Youth Unemployment Rate 22.00 22.00 percent Dec 2023

Albania Unemployment Rate
In Albania, 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
10.70 10.50 22.30 10.50 1993 - 2023 percent Quarterly