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Albania

Unemployment Rate (Monthly)

11.1
percent
Source: IMF

Global Ranking

14
Zambia12.5
15
Barbados12.4
16
Costa Rica11.95
17
Morocco11.4
18
Colombia11.26
19
Albania11.1
19
Algeria11.1
21
Greece10.8
22
Ukraine10.5
23
Turkey9.7
24
Iran9.4

Europe Ranking

3
Georgia18.15
4
Montenegro14.58
5
Macedonia14.49
6
Armenia12.95
7
Spain12.8
8
Albania11.1
9
Greece10.8
10
Ukraine10.5
11
Serbia8.9
12
Italy7.9
13
Cyprus7.4

Definition of Unemployment Rate (Monthly)

The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

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