Share of employment outside the formal sector (current ILO definition) in Armenia

Armenia: Share of employment outside the formal sector (current ILO definition) was 28.47 in 2024. ▼ Falling

Latest (2024)
28.47
Change on year
down 8.2%
World rank
15th
of 46 countries
All-time high
39.8
in 2018
All-time low
28.47
in 2024
Years of data
7
2018–2024

Share of employment outside the formal sector (current ILO definition) in Armenia, 2018–2024

0102030402018202120242018: 39.82019: 34.82020: 31.12021: 32.22022: 32.62023: 312024: 28.5

Source: International Labour Organization.

Analysis

Armenia recorded 28.47 for share of employment outside the formal sector (current ilo definition) in 2024. That is the lowest value across all 7 years on record.

The figure is down 8.2% on the previous year and down 28.5% over ten years.

Armenia ranks 15th of 46 countries on this measure, in the middle of the range.

Share of employment outside the formal sector (current ILO definition) in Armenia, year by year

Annual values for Share of employment outside the formal sector (current ILO definition - ICLS19) (15+) in Armenia, 2018 to 2024.
Year Value Change
2018 39.8
2019 34.75 -12.7%
2020 31.13 -10.4%
2021 32.23 +3.5%
2022 32.55 +1.0%
2023 31.01 -4.7%
2024 28.47 -8.2%

Armenia compared with similar countries

  • Armenia's 28.47 is below the median for upper middle income countries, which is 32.87, 87% of the median. (10 countries reporting)
  • Armenia's 28.47 is above the median for Europe & Central Asia, which is 4.55, 6.3× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 37.27 34.75 39.8 2
2020s 31.08 28.47 32.55 5

Countries ranked near Armenia

  1. 12 Brazil 34.57 compare
  2. 13 Uruguay 32.11 compare
  3. 14 Mongolia 31.17 compare
  4. 16 Georgia 25.66 compare
  5. 17 United Kingdom of Great Britain and Northern Ireland 20.49
  6. 18 Russian Federation 19.23 compare

See the full ranking of 46 places →

More work & labour data for Armenia

All data for Armenia →

Frequently asked questions

What is share of employment outside the formal sector (current ilo definition) in Armenia?
Share of employment outside the formal sector (current ilo definition) in Armenia was 28.47 in 2024, according to International Labour Organization.
What is the highest share of employment outside the formal sector (current ilo definition) recorded in Armenia?
The highest recorded value was 39.8 in 2018.
What is the lowest share of employment outside the formal sector (current ilo definition) recorded in Armenia?
The lowest recorded value was 28.47 in 2024.
How does Armenia rank for share of employment outside the formal sector (current ilo definition)?
Armenia ranks 15th out of 46 countries with data for 2024.
Is share of employment outside the formal sector (current ilo definition) rising or falling in Armenia?
Over the last ten years it is down 28.5%. 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 Share of employment outside the formal sector (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.

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Share of employment outside the formal sector (current ILO definition) in Armenia. Statizoid, drawing on International Labour Organization. Retrieved 14 September 2026, from https://labour.statizoid.com/stat/share-of-employment-outside-the-formal-sector-current-ilo-definition-icls19-15/armenia/

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About this data

Indicator
Share of employment outside the formal sector (current ILO definition - ICLS19) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
46 places, 456 data points, 2014–2025
Last refreshed

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 includes only countries for which the 19th ICLS definitions are applied. This harmonized series for employment outside the formal sector is derived using the same set of criteria across countries to improve comparability. The criteria used are based on employment status, institutional sector, destination of production, bookkeeping, registration, social security contribution, places of work and size. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.