Unemployment in Armenia

Armenia Unemployment | Economic News & Forecasts

Armenia - Unemployment

Growth accelerated slightly in Q4 2018, on the heels of a soft third-quarter outturn. A stronger external sector led the uptick, with exports accelerating and import growth tumbling. Turning to the current quarter, momentum appears to have gathered steam. Economic activity accelerated in January-February, propelled by robust growth in the construction, retail trade and services sectors. On a less positive note, goods exports plummeted by double digits in the same period, weighing on the overall expansion. Meanwhile, on 9 March, Moody’s changed the outlook on Armenia's B1 credit rating from stable to positive, citing improved effectiveness of macroeconomic policies.

Armenia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate16.2  17.8  19.5  17.1  18.0  

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Armenia Unemployment Chart

Armenia Unemployment
Note: Unemployment as % of active population (aop).
Source: National Statistical Service of Armenia

Armenia Facts

Stock Market0.50.0 %Apr 22

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