LU2: Combined rate of time-related underemployment and unemployment in Armenia

Armenia: LU2: Combined rate of time-related underemployment and unemployment was 23.45 in 2027. ▼ Falling

Latest (2027)
23.45
Change on year
up 1.5%
World rank
19th
of 188 countries
All-time high
35
in 2010
All-time low
22.19
in 2024
Years of data
23
2005–2027

LU2: Combined rate of time-related underemployment and unemployment in Armenia, 2005–2027

0102030402005201620272005: 23.72006: 23.62007: 23.42008: 31.92009: 34.72010: 352011: 34.22012: 32.42013: 31.32014: 32.42015: 31.72016: 28.52017: 282018: 29.32019: 28.52020: 292021: 25.62022: 23.32023: 22.22024: 22.22025: 22.72026: 23.12027: 23.5

Source: International Labour Organization.

Analysis

Armenia recorded 23.45 for lu2: combined rate of time-related underemployment and unemployment in 2027.

That represents a change of up 1.5% on the previous year and down 16.1% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Armenia peaked at 35 in 2010 and was at its lowest, 22.19, in 2024.

Armenia ranks 19th of 188 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 23 years of available data.

LU2: Combined rate of time-related underemployment and unemployment in Armenia, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) in Armenia, 2005 to 2027.
Year Value Change
2005 23.68
2006 23.56 -0.5%
2007 23.43 -0.5%
2008 31.89 +36.1%
2009 34.71 +8.9%
2010 35 +0.8%
2011 34.19 -2.3%
2012 32.45 -5.1%
2013 31.27 -3.6%
2014 32.43 +3.7%
2015 31.72 -2.2%
2016 28.51 -10.1%
2017 27.96 -2.0%
2018 29.31 +4.9%
2019 28.51 -2.7%
2020 28.96 +1.6%
2021 25.56 -11.7%
2022 23.28 -8.9%
2023 22.19 -4.7%
2024 22.19 -0.0%
2025 22.66 +2.1%
2026 23.1 +1.9%
2027 23.45 +1.5%

Armenia compared with similar countries

  • Armenia's 23.45 is above the median for upper middle income countries, which is 12.16, 1.9× the median. (53 countries reporting)
  • Armenia's 23.45 is above the median for Europe & Central Asia, which is 9.18, 2.6× the median. (48 countries reporting)

Biggest year-on-year movements

Years where LU2: Combined rate of time-related underemployment and unemployment in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 +36.1% 23.43 31.89

Averages by decade

DecadeAverage LowestHighest Years
2000s 27.45 23.43 34.71 5
2010s 31.14 27.96 35 10
2020s 23.92 22.19 28.96 8

Countries ranked near Armenia

  1. 16 Libya 25.47 compare
  2. 17 Cape Verde 25.14 compare
  3. 18 Yemen 24 compare
  4. 20 Azerbaijan 23.35 compare
  5. 21 Lesotho 22.78 compare
  6. 22 Iraq 22.76 compare

See the full ranking of 276 places →

More work & labour data for Armenia

All data for Armenia →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Armenia?
Lu2: combined rate of time-related underemployment and unemployment in Armenia was 23.45 in 2027, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Armenia?
The highest recorded value was 35 in 2010.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Armenia?
The lowest recorded value was 22.19 in 2024.
How does Armenia rank for lu2: combined rate of time-related underemployment and unemployment?
Armenia ranks 19th out of 188 countries with data for 2027.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Armenia?
Over the last ten years it is down 16.1%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).

Share, cite or embed this page

Cite this page

LU2: Combined rate of time-related underemployment and unemployment in Armenia. Statizoid, drawing on International Labour Organization. Retrieved 17 September 2026, from https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-ilo-modelled-estimates-2/armenia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under ILO Terms of Use (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-ilo-modelled-estimates-2/armenia/">LU2: Combined rate of time-related underemployment and unemployment in Armenia</a> — Statizoid

About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 6,324 data points, 2005–2027
Last refreshed

Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.