Unemployment rate in Armenia
Armenia: Unemployment rate was 13.4 in 2024. ▼ Falling
Unemployment rate in Armenia, 2018–2024
Source: International Labour Organization.
Analysis
The most recent figure for unemployment rate in Armenia is 13.4, measured in 2024.
That represents a change of up 8.0% on the previous year and down 29.4% over ten years.
Armenia ranks 4th of 41 countries on this measure, in the top 10%.
Unemployment rate in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 18.97 | — |
| 2019 | 18.3 | -3.5% |
| 2020 | 18.18 | -0.7% |
| 2021 | 15.47 | -14.9% |
| 2022 | 13.45 | -13.0% |
| 2023 | 12.4 | -7.8% |
| 2024 | 13.4 | +8.0% |
Armenia compared with similar countries
- Armenia's 13.4 is above the median for Europe & Central Asia, which is 6.93, 1.9× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.63 | 18.3 | 18.97 | 2 |
| 2020s | 14.58 | 12.4 | 18.18 | 5 |
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 unemployment rate in Armenia?
- Unemployment rate in Armenia was 13.4 in 2024, according to International Labour Organization.
- What is the highest unemployment rate recorded in Armenia?
- The highest recorded value was 18.97 in 2018.
- What is the lowest unemployment rate recorded in Armenia?
- The lowest recorded value was 12.4 in 2023.
- How does Armenia rank for unemployment rate?
- Armenia ranks 4th out of 41 countries with data for 2024.
- Is unemployment rate rising or falling in Armenia?
- Over the last ten years it is down 29.4%. 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 Unemployment rate (current ILO definition - ICLS19). 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 includes only countries for which the 19th ICLS definitions are applied. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.