Unemployment Rate in Kosovo decreased to 25 percent in the first quarter of 2020 from 25.90 percent in the fourth quarter of 2019.

Unemployment Rate in Kosovo averaged 34.36 percent from 2001 until 2020, reaching an all time high of 57 percent in the fourth quarter of 2001 and a record low of 24.50 percent in the third quarter of 2019. This page provides - Kosovo Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kosovo Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.

Unemployment Rate in Kosovo is expected to be 35.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Kosovo to stand at 35.00 in 12 months time. In the long-term, the Kosovo Unemployment Rate is projected to trend around 33.00 percent in 2021 and 27.00 percent in 2022, according to our econometric models.

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Kosovo Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
25.00 25.90 57.00 24.50 2001 - 2020 percent Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-09-17 01:00 PM Q2 25.3% 26.9% 27%
2019-12-17 03:00 PM Q3 24.5% 25.3% 25.5%
2020-03-19 01:30 PM Q4 25.9% 24.5% 24.9%
2020-09-17 02:30 PM Q1 25% 25.9% 27.5%
2020-09-21 01:30 PM Q2 25% 32%
2020-12-17 01:30 PM Q3 35.8%

Kosovo Labour Last Previous Highest Lowest Unit
Unemployment Rate 25.00 25.90 57.00 24.50 percent [+]
Population 1.80 1.80 2.21 0.93 Million [+]
Labor Force Participation Rate 41.40 41.90 43.50 35.20 percent [+]
Youth Unemployment Rate 49.10 48.90 61.00 48.90 percent [+]
Employment Rate 30.70 31.60 31.60 25.20 percent [+]


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