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Armenia Unemployment Rate

Armenia's unemployment rate fell to 13.4% in Q2 2025 from 13.9% in Q1 2025. This decrease occurred alongside 5.2% GDP growth in Q1 2025, led by the services sector. The economic expansion and growth in financial activities and information and communications likely contributed to the improved employment figures. Armenia's record low unemployment rate was 11.6% in Q3 2022 and record high was 21.1% in Q1 2019.

Quarterly Historical Data (2015-2025)

(in %)
Quarter Unemployment Rate
Q2 2025 13.4%
Q1 2025 13.9%
Q4 2024 12.9%
Q3 2024 13.3%
Q2 2024 13.8%
Q1 2024 15.5%
Q4 2023 13.1%
Q3 2023 12%
Q2 2023 11.7%
Q1 2023 13.7%
Q4 2022 12.7%
Q3 2022 11.6%
Q2 2022 13%
Q1 2022 14.8%
Q4 2021 14.5%
Q3 2021 15%
Q2 2021 15%
Q1 2021 17%
Q4 2020 16%
Q3 2020 18.2%
Q2 2020 17.5%
Q1 2020 19.7%
Q4 2019 17.1%
Q3 2019 17.1%
Q2 2019 16.5%
Q1 2019 21.1%
Q4 2018 20.8%
Q3 2018 20.1%
Q2 2018 20.2%
Q1 2018 20.6%
Q4 2017 18%
Q3 2017 16.5%
Q2 2017 17.8%
Q1 2017 19%
Q4 2016 17.1%
Q3 2016 18.1%
Q2 2016 18.4%
Q1 2016 18.3%
Q4 2015 19.5%
Q3 2015 16.3%

Recent Events

datetime event actual previous consensus
2025-10-06 05:00 AM Unemployment Rate (Q2) 13.4% 13.9% -
Armenia Unemployment Rate : Definition
The Armenia unemployment rate shows the percentage of the labor force that is jobless but seeking work. Calculated by the Statistical Committee of the Republic of Armenia, it divides the count of unemployed individuals by the total labor force size (employed plus unemployed) then multiplies the result by 100.