Unemployment in Armenia
The unemployment rate in Armenia averaged 17.6% in the decade to 2022, well above the 7.4% average for Eastern Europe. The unemployment rate in Armenia in 2022 was 13.0%. For more unemployment information, visit our dedicated page.
Armenia Unemployment Chart
Note: This chart displays Unemployment Rate for Armenia from 2020 to 2016.
Source: Macrobond.
Armenia Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 19.0 | 17.9 | 15.4 | 13.0 | 12.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Armenian unemployment projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Armenian unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Armenian unemployment projections.
Want to get access to the full dataset of Armenian unemployment forecasts? Send an email to info@focus-economics.com.