Labor Force Participation Rate in Albania increased to 72 percent in the first quarter of 2022 from 70.40 percent in the fourth quarter of 2021. source: Instituti i Statistikave (INSTAT)

Labor Force Participation Rate in Albania averaged 66.08 percent from 2012 until 2022, reaching an all time high of 72 percent in the first quarter of 2022 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 September of 2022.

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. In the long-term, the Albania Labor Force Participation Rate is projected to trend around 65.35 percent in 2023 and 65.11 percent in 2024, according to our econometric models.

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Albania Labor Force Participation Rate



Related Last Previous Unit Reference
Unemployment Rate 11.10 11.70 percent Jun 2022
Unemployed Persons 75.00 98.00 Thousand Sep 2021
Employed Persons 1122.00 1108.00 Thousand Jun 2021
Labor Force Participation Rate 72.00 70.40 percent Mar 2022
Wages 60666.00 59242.00 ALL/Month Jun 2022
Minimum Wages 32000.00 30000.00 ALL/Month Jun 2022
Youth Unemployment Rate 20.70 20.60 percent Mar 2022
Employment Rate 63.50 62.10 percent Mar 2022

Albania Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.
Actual Previous Highest Lowest Dates Unit Frequency
72.00 70.40 72.00 57.90 2012 - 2022 percent Quarterly
NSA