Labor Force Participation Rate in Albania decreased to 68.70 percent in the fourth quarter of 2020 from 69.80 percent in the third quarter of 2020. source: Instituti i Statistikave (INSTAT)
Labor Force Participation Rate in Albania averaged 65.56 percent from 2012 until 2020, reaching an all time high of 69.80 percent in the second quarter of 2019 and a record low of 57.90 percent in the first quarter of 2014. This page provides - Albania Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2021.
Labor Force Participation Rate in Albania is expected to be 66.82 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Albania to stand at 66.17 in 12 months time. In the long-term, the Albania Labor Force Participation Rate is projected to trend around 65.35 percent in 2022 and 65.11 percent in 2023, according to our econometric models.