Trends in Working Age Population Percentage in Albania from 1990 to 2022

Trends in Working Age Population Percentage in Albania from 1990 to 2022

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TGM StatBox. (2024). Trends in Working Age Population Percentage in Albania from 1990 to 2022. TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Albania
Published date: 2024
Note: The percentage of the working-age population, as defined by World Development Indicators, refers to the proportion of individuals within a specific age range (typically 15 to 64 years) relative to the total population.
Key Takeaways
Albania's working-age population percentage has demonstrated notable trends from 1990 to 2022. Starting at 61.7% in 1990, the percentage steadily increased, peaking at 67.4% in 2010. This rise can be attributed to several factors, including demographic changes, urban migration, and economic reforms that encouraged workforce participation.

However, after reaching its peak, the working-age population percentage began to decline, falling to approximately 67.2% by 2022. This decrease highlights emerging challenges, such as aging demographics, youth emigration, and shifts in labor market dynamics. The decline may also reflect increased unemployment rates and the impact of external economic conditions.

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