Unemployment in Albania

Albania Unemployment | Economic News & Forecasts

Albania - Unemployment

The economy powered ahead in Q3, propelled by strong electricity generation due to favorable weather. Looking at GDP by expenditure, private consumption and fixed investment were robust, with the former boosted by lower unemployment. Solid momentum was likely maintained in Q4, with brisk annual merchandise export growth in October and November. On the political front, the government recently announced an over-8% increase in the minimum wage for 2019, while the PM reshuffled his cabinet in response to student protests.

Albania - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate17.6  18.0  17.3  14.2  13.4  

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Albania Unemployment Chart

Albania Unemployment
Note: Unemployment as % of active population (aop).
Source: Institute of Statistics

Albania Facts

Exchange Rate109.2-0.56 %Jan 14
Stock Market0.10.0 %Jan 14

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