LU3: Combined rate of unemployment and potential labour force in Armenia
Armenia: LU3: Combined rate of unemployment and potential labour force was 21.39 in 2018. ▲ Rising
LU3: Combined rate of unemployment and potential labour force in Armenia, 2007–2018
Source: International Labour Organization.
Analysis
In 2018, lu3: combined rate of unemployment and potential labour force in Armenia stood at 21.39.
Compared with earlier readings it is down 24.8% on the previous year and down 8.8% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in Armenia peaked at 29.63 in 2010 and was at its lowest, 18.17, in 2007.
That places Armenia 8th out of 89 countries with data for 2018, putting it in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
LU3: Combined rate of unemployment and potential labour force in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 18.17 | — |
| 2008 | 23.45 | +29.1% |
| 2009 | 19.66 | -16.2% |
| 2010 | 29.63 | +50.7% |
| 2011 | 28 | -5.5% |
| 2012 | 24.75 | -11.6% |
| 2013 | 24.8 | +0.2% |
| 2014 | 26.66 | +7.5% |
| 2015 | 28.14 | +5.6% |
| 2016 | 28.56 | +1.5% |
| 2017 | 28.44 | -0.4% |
| 2018 | 21.39 | -24.8% |
Armenia compared with similar countries
- Armenia's 21.39 is above the median for upper middle income countries, which is 9.28, 2.3× the median. (26 countries reporting)
- Armenia's 21.39 is above the median for Europe & Central Asia, which is 8.71, 2.5× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.43 | 18.17 | 23.45 | 3 |
| 2010s | 26.71 | 21.39 | 29.63 | 9 |
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 in Armenia?
- Lu3: combined rate of unemployment and potential labour force in Armenia was 21.39 in 2018, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Armenia?
- The highest recorded value was 29.63 in 2010.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Armenia?
- The lowest recorded value was 18.17 in 2007.
- How does Armenia rank for lu3: combined rate of unemployment and potential labour force?
- Armenia ranks 8th out of 89 countries with data for 2018.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Armenia?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is rising.
- 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 (previous ILO definition - ICLS13) (15+). 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 that are in unemployment or the potential labour force. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.