Unemployment in Armenia

Armenia Unemployment | Economic News & Forecasts

Armenia - Unemployment

Reformist Prime Minister Nikol Pashinyan won a resounding mandate in the 9 December snap parliamentary election, with his My Step Alliance clinching 70% of the vote. The result should allow Pashinyan to move ahead with reforms, which had previously been gridlocked by the legislature. Pashinyan has stated that one of the first tasks of the new government will be to update the tax code, which could improve the business climate and attract foreign investment. On the economic front, incoming data for Q4 2018 point to mixed dynamics. Agricultural output continued to drop in November, but economic activity was propped up by surging growth in the services sector.

Armenia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate16.2  17.8  19.5  17.1  18.0  

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Armenia Unemployment Chart


Armenia Unemployment
Note: Unemployment as % of active population (aop).
Source: National Statistical Service of Armenia

Armenia Facts

ValueChangeDate
Stock Market0.60.0 %Jan 14

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