Employment to population ratio, 15+, total (%) (national estimate) in Venezuela
Venezuela: Employment to population ratio, 15+, total (%) (national estimate) was 55.4% in 2020. ▲ Rising
Employment to population ratio, 15+, total (%) in Venezuela, 1975–2020
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
In 2020, employment to population ratio, 15+, total (%) in Venezuela stood at 55.4%.
Compared with earlier readings it is down 12.2% on the previous year and down 6.6% over ten years.
Over the whole period, employment to population ratio, 15+, total (%) in Venezuela peaked at 63.1% in 2017 and was at its lowest, 31.6%, in 1975.
That places Venezuela 112th out of 178 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Employment to population ratio, 15+, total (%) (national estimate) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | 31.6% | — |
| 1977 | 52.4% | +66.0% |
| 1979 | 51.9% | -0.9% |
| 1981 | 51.0% | -1.8% |
| 1982 | 50.1% | -1.7% |
| 1983 | 47.9% | -4.3% |
| 1984 | 48.3% | +0.7% |
| 1985 | 49.1% | +1.7% |
| 1986 | 49.6% | +1.0% |
| 1987 | 50.7% | +2.3% |
| 1988 | 52.6% | +3.6% |
| 1989 | 51.7% | -1.7% |
| 1990 | 46.6% | -9.8% |
| 1994 | 53.5% | +14.9% |
| 1995 | 55.3% | +3.3% |
| 1996 | 55.1% | -0.4% |
| 1998 | 58.2% | +5.6% |
| 2001 | 50.0% | -14.1% |
| 2002 | 58.0% | +16.0% |
| 2005 | 57.4% | -1.0% |
| 2006 | 59.3% | +3.2% |
| 2007 | 59.7% | +0.8% |
| 2008 | 60.3% | +0.9% |
| 2009 | 60.1% | -0.2% |
| 2010 | 59.3% | -1.4% |
| 2011 | 59.2% | -0.1% |
| 2012 | 58.9% | -0.5% |
| 2016 | 57.9% | -1.7% |
| 2017 | 63.1% | +8.8% |
| 2020 | 55.4% | -12.2% |
Venezuela compared with similar countries
- Venezuela's 55.4% is below the median for lower middle income countries, which is 56.8%, 98% of the median. (37 countries reporting)
- Venezuela's 55.4% is below the median for Latin America & Caribbean, which is 58.8%, 94% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Employment to population ratio, 15+, total (%) (national estimate) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +66.0% | 31.6% | 52.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.3% | 31.6% | 52.4% | 3 |
| 1980s | 50.1% | 47.9% | 52.6% | 9 |
| 1990s | 53.8% | 46.6% | 58.2% | 5 |
| 2000s | 57.8% | 50.0% | 60.3% | 7 |
| 2010s | 59.7% | 57.9% | 63.1% | 5 |
| 2020s | 55.4% | 55.4% | 55.4% | 1 |
Countries ranked near Venezuela
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Unemployment rate (ILO modelled estimates) 5.73 (2027)
- Labour dependency ratio 1.69 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,625 (2027)
- Output per worker, GDP constant 2015 US $ 10,899 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
Frequently asked questions
- What is employment to population ratio, 15+, total (%) in Venezuela?
- Employment to population ratio, 15+, total (%) in Venezuela was 55.4% in 2020, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest employment to population ratio, 15+, total (%) recorded in Venezuela?
- The highest recorded value was 63.1% in 2017.
- What is the lowest employment to population ratio, 15+, total (%) recorded in Venezuela?
- The lowest recorded value was 31.6% in 1975.
- How does Venezuela rank for employment to population ratio, 15+, total (%)?
- Venezuela ranks 112th out of 178 countries with data for 2020.
- Is employment to population ratio, 15+, total (%) rising or falling in Venezuela?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Employment to population ratio, 15+, total (%) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Employment to population ratio is the proportion of a country's population that is employed.