Azerbaijan Annual Unemployment Rate
Azerbaijan's annual unemployment rate fell to 5.59% in 2024, down from 5.64% in 2023, according to World Bank. This represents a decrease of 0.05% from the previous year. Azerbaijan has annual unemployment rate higher than the global median (5.59% vs median 5.23%). Compared with the median in Asia, Azerbaijan is higher (5.59% vs regional median 4.05%) and ranks 13th out of 48 countries in Asia.
Yearly Historical Data (1991-2024)
(in %)Azerbaijan Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Azerbaijan's labor force that is looking for work but does not have a job.