Albania unemployment rate

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Albania unemployment rate: 10.7 (1.9%)
Last Update: December 31, 2023

Albania unemployment rate closed down 10.7 as of December 31, 2023 from 10.5 from the previous month and 12.3 from last year.


Albania unemployment rate Analytics & Data




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Albania unemployment rate

Date Values
2023-12-31 10.7
2023-09-30 10.5
2023-06-30 10.7
2023-03-31 10.9
2022-12-31 10.8
2022-09-30 10.8
2022-06-30 11.5
2022-03-31 11.7
2021-12-31 11.9
2021-09-30 11.6
2021-06-30 12.1
2021-03-31 12.6
2020-12-31 12.3
2020-09-30 12.1
2020-06-30 12.5
2020-03-31 11.9
2019-12-31 11.6
2019-09-30 11.8
2019-06-30 12
2019-03-31 12.6


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Albania unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate al.unemploymentrate 10.7 10.5 2 -13 Down Down 30 2023-12-31

Albania unemployment rate Factors

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What is the Albania unemployment rate

Welcome to our webpage showcasing current and historical data, trends and signals, analytics, and charts for the unemployment rate in Albania.

The unemployment rate is a key economic indicator that measures the percentage of the labor force that is unemployed. It is an important gauge of economic health and reflects the overall state of the job market within a country. A high unemployment rate can indicate a sluggish economy, while a low unemployment rate usually suggests a robust economy with ample job opportunities.

To interpret the unemployment rate, it is crucial to understand the context and factors influencing the data. Factors such as demographics, labor force participation rate, and the overall economic environment can affect the unemployment rate. Changes in the unemployment rate over time can demonstrate trends and provide insights into economic cycles, policy effects, and structural changes in the labor market.

Our webpage not only presents the current unemployment rate in Albania but also provides historical data, trends, and signals. You can explore interactive charts and analytics that depict the unemployment rate over different time periods. Our platform also offers the option to download historical data for free, allowing you to perform further analysis and integrate the data into your own research or models.

To enhance your analysis, our platform includes MacroVar signals, trends, and analysis. MacroVar offers a comprehensive set of quantitative indicators and models that provide insights into the macroeconomic environment. By leveraging MacroVar, you can access robust analytics and charts that highlight the relationships and correlations between the unemployment rate in Albania and other economic variables.

We are delighted to provide you with a comprehensive resource to understand and analyze the unemployment rate in Albania. Whether you are an economist, a researcher, or a business professional, our webpage offers valuable data and insights to inform your decision-making process. Start exploring the data now and gain a deeper understanding of the labor market dynamics in Albania.

Albania Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Albania Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade al.balanceoftrade -41505.5 -39706.2 5 -8 Down UP 18 2023-10-31
bank lending rate al.banks.lendingrate 4.77 4.98 -4 40 UP UP 100 2022-12-31
banks balance sheet al.banks.bs 2028090 2026460 0 5 UP UP 41 2024-02-29
building permits al.buildingpermits 303 361 -16 -1 Down Down 0 2023-12-31
business confidence al.bizconfidence -6.01 -9.6 -37 -466 Down Down 12 2024-09-30
central bank balance sheet al.cb.assets 717054 726838 -1 -2 Down Down 17 2024-02-29
consumer confidence al.consconfidence -26.25 -27.67 -5 -12 Down UP 36 2024-08-31
consumer price index cpi al.cpi 117.29 116.81 0 3 UP UP 55 2024-02-29
current account al.currentaccount -232.11 367.23 -163 -34 Down UP 17 2023-12-31
current account to gdp al.currentaccountgdp -6 -7.6 -2100 -4700 UP UP 0 2023-12-26
deposit interest rate al.depositrate 2 2 0 167 UP UP 80 2023-08-02
exports al.exports 36550.5 33595.9 9 -13 Down Down 12 2023-11-30
external debt al.externaldebt 10147.2 10124.6 0 19 UP UP 0 2023-12-31
fiscal expenditure al.fiscalexp 83352 39090 113 -33 Down Down 3 2024-03-31
gdp al.gdp 18.88 17.93 500 5800 UP UP 0 2023-12-26
Real GDP al.realgdp 447416 443892 1 15 UP UP 77 2023-12-31
gdp growth al.gdpgrowth 0.79 2.3 -66 -38 Down Down 66 2023-12-31
gdp growth annual al.gdpgrowthan 3.8 3.83 -1 60 Down UP 75 2023-12-31
gold reserves al.goldres 3.42 3.42 0 119 UP UP 99 2021-06-30
government budget al.govbudget -1.4 -3.7 -62 -60 UP UP 0 2023-01-31
Government budget al.govbudgetvalue 20900 15426 35 -13 Down Down 53 2024-02-29
government debt al.govdebt 1327640 1348500 -2 13 UP UP 0 2023-12-31
government debt to gdp al.govdebtgdp 59.2 64.5 -8 -0 Down Down 0 2023-01-31
government revenues al.govrev 104251 54516 91 -33 Down Down 3 2024-03-31
imports al.imports 78056 73302.1 6 1 UP UP 42 2023-11-30
industrial production al.indproduction -5.8 -14.5 -60 222 Down Down 88 2023-12-31
inflation cpi al.inflationcpi 2.3 2.6 -12 -57 Down Down 5 2024-03-31
interest rate al.interestrate 3 3 0 71 UP UP 70 2023-08-02
lending rate al.lendingrate 4 4 0 45 UP UP 72 2023-08-02
loans to private sector al.loanprivate 420184 414846 1 4 UP UP 39 2024-02-29
money supply m0 al.msm0 609400 618967 -2 -1 UP Down 2 2024-02-29
money supply m1 al.msm1 778481 779977 -0 6 UP UP 32 2024-02-29
money supply m2 al.msm2 979527 981446 -0 5 UP UP 59 2024-02-29
money supply m3 al.msm3 1703050 1708880 -0 2 UP UP 12 2024-02-29
Producer Price Index al.producerprices 131.6 131.2 0 32 UP UP 98 2023-12-31
PPI Index al.producerpricesch 3.1 5.2 -40 -191 Down UP 33 2023-12-31
retail sales al.retailsalesan 10.85 1.49 628 670 UP UP 98 2023-06-30
unemployment rate al.unemploymentrate 10.7 10.5 2 -13 Down Down 30 2023-12-31
youth unemployment rate al.ytunemploymentrate 22 22 0 10 UP UP 0 2023-03-31
Construction sector al.esi.constr 7.3 3.9 87 -204 UP UP 2 2023-06-30
Consumer sector al.esi.cons -13.7 -14.7 -7 -39 UP UP 7 2023-06-30
Manufacturing sector al.esi.man 8.6 10.5 -18 -11 Down Down 54 2023-06-30
Retail sector al.esi.ret 15 13.7 9 56 UP UP 0 2023-06-30
Services sector al.esi.serv 30.1 24.6 22 18 UP UP 80 2023-06-30
ESI - Economic Composite al.esi.conf 105.4 110.5 -5 8 Down UP 0 2022-02-28