Albania youth unemployment rate

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Albania youth unemployment rate: 21.5 (4.88%)
Last Update: December 31, 2022

Albania youth unemployment rate closed down 21.5 as of December 31, 2022 from 20.5 from the previous month and 21.4 from last year.


Albania youth unemployment rate Analytics & Data




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Albania youth unemployment rate

Date Values
2022-12-31 21.5
2022-09-30 20.5
2022-06-30 20.2
2022-03-31 20.7
2021-12-31 20.6
2021-09-30 19.9
2021-06-30 19.9
2021-03-31 23.3
2020-12-31 21.7
2020-09-30 20.7
2020-06-30 21.4
2020-03-31 20
2019-12-31 21.4
2019-09-30 21.4
2019-06-30 20.9
2019-03-31 22.2
2018-12-31 22.3
2018-09-30 23.2
2018-06-30 22.6
2018-03-31 24.5


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Albania youth unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
youth unemployment rate al.ytunemploymentrate 21.5 20.5 5 0 UP UP 0 2022-12-31

Albania youth unemployment rate Factors

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What is the Albania youth unemployment rate

Welcome to our webpage showcasing current and historical data on Albania's youth unemployment rate. In this section, we will provide an overview of what the youth unemployment rate is, how it should be interpreted, and the tools and resources available to assist you in understanding and analyzing this data further.

The youth unemployment rate refers to the percentage of unemployed individuals within the age group of 15 to 24 years old in Albania. It is an important economic indicator that reflects the ability of young people to find employment and contribute to the labor market. A higher youth unemployment rate generally indicates a labor market that may not be able to provide sufficient job opportunities for young individuals.

When interpreting the youth unemployment rate, it is crucial to consider the broader economic and social context. Factors such as educational attainment, economic growth, and labor market conditions play a significant role in influencing these rates. Higher youth unemployment can have long-term consequences, such as reduced earning potential, skill depreciation, and social inequities. Conversely, a lower youth unemployment rate often reflects a healthier economy and better opportunities for young individuals.

On our webpage, you will find interactive charts and analytics that display current and historical data on Albania's youth unemployment rate. These charts visualize trends over time, allowing you to identify patterns, fluctuations, and potential causal factors. By examining historical data, you can gain insights into the impact of various economic and social events on youth unemployment.

Furthermore, users have the option to export historical data for free. This feature enables you to conduct your own in-depth analysis for research purposes, academic studies, or any other specific requirements you may have. Having access to raw data empowers you to dig deeper, identify correlations, and draw meaningful conclusions.

In addition to the raw data, we offer MacroVar signals, trends, and analysis. MacroVar provides valuable insights by analyzing various economic indicators, including the youth unemployment rate, along with other relevant factors. These signals and trends can further enhance your understanding of the current and projected labor market conditions in Albania.

We believe that information, combined with the right tools for analysis, is a powerful resource. By utilizing our webpage's data, analytics, and charts, you can explore and comprehend the patterns and dynamics of Albania's youth unemployment rate. Whether you are an economist, researcher, policymaker, or simply interested in understanding employment trends, our webpage offers the necessary resources for a comprehensive analysis.

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 2026460 2011470 1 4 UP UP 36 2024-01-31
building permits al.buildingpermits 303 361 -16 -1 Down Down 0 2023-12-31
business confidence al.bizconfidence -9.33 -0.76 1128 136 Down Down 88 2024-06-30
central bank balance sheet al.cb.assets 717054 726838 -1 -2 Down Down 17 2024-02-29
consumer confidence al.consconfidence -27.61 -26.82 3 -9 Down UP 38 2024-05-31
consumer price index cpi al.cpi 116.81 116.42 0 4 UP UP 66 2024-01-31
current account al.currentaccount 354.29 -198.11 -27900 -28600 UP UP 0 2023-12-26
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 10143.9 10195.5 -100 1500 UP UP 0 2023-12-26
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 444227 434224 200 1600 UP UP 0 2023-12-26
gdp growth al.gdpgrowth 2.3 0.4 47500 -7900 UP Down 0 2023-12-26
gdp growth annual al.gdpgrowthan 3.23 2.83 1400 -12900 Down UP 0 2023-12-26
gold reserves al.goldres 2.8 2.8 0 7900 UP UP 0 2023-12-26
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 64.6 74.5 -13 9 Down UP 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 -13.5 -12.7 6 -43 Down UP 0 2023-06-30
inflation cpi al.inflationcpi 3.4 4 -15 -53 Down Down 5 2024-01-31
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 414846 419985 -1 2 UP UP 29 2024-01-31
money supply m0 al.msm0 618967 632446 -2 2 UP UP 7 2024-01-31
money supply m1 al.msm1 779977 772512 1 5 UP UP 17 2024-01-31
money supply m2 al.msm2 981446 972613 1 4 UP UP 52 2024-01-31
money supply m3 al.msm3 1708880 1698230 1 2 UP UP 12 2024-01-31
Producer Price Index al.producerprices 131.6 131.2 0 32 UP UP 98 2023-12-31
PPI Index al.producerpricesch 5.2 6.88 -24 -228 Down UP 0 2023-09-30
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 21.5 20.5 5 0 UP UP 0 2022-12-31
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