Youth Unemployment Rate in Albania increased to 21.40 percent in the third quarter of 2019 from 20.90 percent in the second quarter of 2019.

Youth Unemployment Rate in Albania averaged 27.50 percent from 2012 until 2019, reaching an all time high of 34.20 percent in the second quarter of 2015 and a record low of 20.90 percent in the second quarter of 2019. This page provides - Albania Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in Albania is expected to be 20.36 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Albania to stand at 20.01 in 12 months time. In the long-term, the Albania Youth Unemployment Rate is projected to trend around 18.71 percent in 2020, according to our econometric models.


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Albania Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
21.40 20.90 34.20 20.90 2012 - 2019 percent Quarterly
NSA
Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.80 12.00 22.30 11.80 percent [+]
Employed Persons 1162.00 1145.00 1162.00 892.00 Thousand [+]
Unemployed Persons 70.00 72.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 69.80 69.80 69.80 57.90 percent [+]
Wages 51870.00 52645.00 52645.00 3084.00 ALL/Month [+]
Minimum Wages 26000.00 26000.00 26000.00 1200.00 ALL/Month [+]
Population 2.87 2.88 3.37 1.58 Million [+]
Retirement Age Women 60.67 60.50 60.67 50.00 [+]
Retirement Age Men 65.00 65.00 65.00 55.00 [+]
Youth Unemployment Rate 21.40 20.90 34.20 20.90 percent [+]
Employment Rate 61.50 61.40 61.50 47.10 percent [+]