LU3: Combined rate of unemployment and potential labour force for in Armenia
Armenia: LU3: Combined rate of unemployment and potential labour force for was 8.37 in 2023. ▼ Falling
LU3: Combined rate of unemployment and potential labour force for in Armenia, 2001–2023
Source: International Labour Organization.
Analysis
In 2023, lu3: combined rate of unemployment and potential labour force for in Armenia stood at 8.37.
That represents a change of up 11.5% on the previous year and down 62.9% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force for in Armenia peaked at 36.01 in 2001 and was at its lowest, 7.5, in 2021.
Armenia ranks 27th of 65 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
LU3: Combined rate of unemployment and potential labour force for in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 36.01 | — |
| 2007 | 18.77 | -47.9% |
| 2008 | 20.1 | +7.1% |
| 2009 | 16.88 | -16.0% |
| 2010 | 25.66 | +51.9% |
| 2011 | 23.18 | -9.6% |
| 2012 | 21.42 | -7.6% |
| 2013 | 22.53 | +5.2% |
| 2014 | 23.14 | +2.7% |
| 2015 | 25.84 | +11.7% |
| 2016 | 26.63 | +3.1% |
| 2017 | 27.2 | +2.1% |
| 2018 | 17.71 | -34.9% |
| 2020 | 7.54 | -57.4% |
| 2021 | 7.5 | -0.5% |
| 2023 | 8.37 | +11.5% |
Armenia compared with similar countries
- Armenia's 8.37 is above the median for upper middle income countries, which is 8.22, 1.0× the median. (23 countries reporting)
- Armenia's 8.37 is above the median for Europe & Central Asia, which is 8.16, 1.0× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.94 | 16.88 | 36.01 | 4 |
| 2010s | 23.7 | 17.71 | 27.2 | 9 |
| 2020s | 7.8 | 7.5 | 8.37 | 3 |
Countries ranked near Armenia
More work & labour data for Armenia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7088 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6966 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.721 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0634 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,005 1000 No (2050)
- Population - Est. & Proj. — Rural population 695.21 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 854.22 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 837.98 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,692 1000 No (2100)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force for in Armenia?
- Lu3: combined rate of unemployment and potential labour force for in Armenia was 8.37 in 2023, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force for recorded in Armenia?
- The highest recorded value was 36.01 in 2001.
- What is the lowest lu3: combined rate of unemployment and potential labour force for recorded in Armenia?
- The lowest recorded value was 7.5 in 2021.
- How does Armenia rank for lu3: combined rate of unemployment and potential labour force for?
- Armenia ranks 27th out of 65 countries with data for 2023.
- Is lu3: combined rate of unemployment and potential labour force for rising or falling in Armenia?
- Over the last ten years it is down 62.9%. 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 LU3: Combined rate of unemployment and potential labour force for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU3 represents the share of the extended labour force, in this case for persons of prime age (i.e., persons ages 25 to 54), that are in unemployment or the potential labour force. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.