Unemployment Rate in Azerbaijan decreased to 4.80 percent in 2019 from 5.20 percent in 2018.

Unemployment Rate in Azerbaijan averaged 6.23 percent from 1991 until 2019, reaching an all time high of 11.80 percent in 2000 and a record low of 4.50 percent in 1996. This page provides - Azerbaijan Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Azerbaijan is expected to reach 5.90 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Unemployment Rate is projected to trend around 6.10 percent in 2021 and 5.70 percent in 2022, according to our econometric models.

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Azerbaijan Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.80 5.20 11.80 4.50 1991 - 2019 percent Yearly

Azerbaijan Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 5.20 11.80 4.50 percent [+]
Employed Persons 4938.50 4879.30 4938.50 3613.00 Thousand [+]
Unemployed Persons 251.60 253.80 514.70 236.60 Thousand [+]
Minimum Wages 250.00 250.00 250.00 1.10 AZN/Month [+]
Population 10.00 9.90 10.00 1.59 Million [+]
Wages 715.40 728.90 744.50 242.70 AZN/Month [+]
Wages In Manufacturing 631.40 553.70 631.40 48.80 AZN/Month [+]
Retirement Age Men 63.50 63.00 63.50 62.00 [+]
Retirement Age Women 60.50 60.00 60.50 57.00 [+]


Azerbaijan Unemployment Rate
In Azerbaijan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.