Unemployment rate in Armenia
Armenia: Unemployment rate was 8.3 in 2023. ▼ Falling
Unemployment rate in Armenia, 2007–2023
Source: International Labour Organization.
Analysis
The most recent figure for unemployment rate in Armenia is 8.3, measured in 2023.
Compared with earlier readings it is up 0.4% on the previous year and down 49.9% over ten years.
Over the whole period, unemployment rate in Armenia peaked at 22.97 in 2008 and was at its lowest, 8.05, in 2020.
That places Armenia 16th out of 58 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Unemployment rate in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 10.39 | — |
| 2008 | 22.97 | +121.0% |
| 2009 | 19.3 | -16.0% |
| 2010 | 19.52 | +1.2% |
| 2011 | 18.88 | -3.3% |
| 2012 | 17.51 | -7.3% |
| 2013 | 16.58 | -5.3% |
| 2014 | 17.5 | +5.6% |
| 2015 | 18.26 | +4.4% |
| 2016 | 17.62 | -3.5% |
| 2017 | 17.7 | +0.5% |
| 2018 | 10.59 | -40.2% |
| 2019 | 9.79 | -7.5% |
| 2020 | 8.05 | -17.8% |
| 2021 | 8.42 | +4.5% |
| 2022 | 8.26 | -1.9% |
| 2023 | 8.3 | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.55 | 10.39 | 22.97 | 3 |
| 2010s | 16.4 | 9.79 | 19.52 | 10 |
| 2020s | 8.26 | 8.05 | 8.42 | 4 |
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 8.3 in 2023, according to International Labour Organization.
- What is the highest unemployment rate recorded in Armenia?
- The highest recorded value was 22.97 in 2008.
- What is the lowest unemployment rate recorded in Armenia?
- The lowest recorded value was 8.05 in 2020.
- How does Armenia rank for unemployment rate?
- Armenia ranks 16th out of 58 countries with data for 2023.
- Is unemployment rate rising or falling in Armenia?
- Over the last ten years it is down 49.9%. 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 Unemployment rate (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under ILO Terms of Use (attribution required).
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. 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. The term disability, as defined in the International Classification of Functioning, Disability and Health (ICF), is used as an umbrella term, covering impairments, activity limitations, and participation restrictions. For measurement purposes, a person with disability is defined as a person who is limited in the kind or amount of activities that he or she can do because of ongoing difficulties due to a long-term physical condition, mental condition or health problem. For more information, refer to the Disability Labour Market Indicators (DLMI) database description.