Employment to population ratio, ages 15-24, male (%) in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Employment to population ratio, ages 15-24, male (%) was 40.2% in 2020. ▼ Falling
Employment to population ratio, ages 15-24, male (%) in Venezuela, Bolivarian Republic of, 1990–2020
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
The most recent figure for employment to population ratio, ages 15-24, male (%) in Venezuela, Bolivarian Republic of is 40.2%, measured in 2020. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 16.0% on the previous year and down 14.6% over ten years.
Over the whole period, employment to population ratio, ages 15-24, male (%) in Venezuela, Bolivarian Republic of peaked at 50.5% in 2006 and was at its lowest, 40.2%, in 2020.
Venezuela, Bolivarian Republic of ranks 72nd of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Employment to population ratio, ages 15-24, male (%) in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 46.7% | — |
| 2001 | 44.0% | -5.9% |
| 2005 | 48.8% | +11.1% |
| 2006 | 50.5% | +3.3% |
| 2007 | 50.2% | -0.6% |
| 2008 | 50.1% | -0.2% |
| 2009 | 49.0% | -2.2% |
| 2010 | 47.1% | -3.8% |
| 2011 | 46.3% | -1.8% |
| 2012 | 45.8% | -1.2% |
| 2016 | 41.4% | -9.5% |
| 2017 | 47.9% | +15.6% |
| 2020 | 40.2% | -16.0% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 40.2% is above the median for lower middle income countries, which is 38.7%, 1.0× the median. (31 countries reporting)
- Venezuela, Bolivarian Republic of's 40.2% is below the median for Latin America & Caribbean, which is 44.0%, 92% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.7% | 46.7% | 46.7% | 1 |
| 2000s | 48.8% | 44.0% | 50.5% | 6 |
| 2010s | 45.7% | 41.4% | 47.9% | 5 |
| 2020s | 40.2% | 40.2% | 40.2% | 1 |
Countries ranked near Venezuela, Bolivarian Republic of
More work & labour data for Venezuela, Bolivarian Republic of
- 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, ages 15-24, male (%) in Venezuela, Bolivarian Republic of?
- Employment to population ratio, ages 15-24, male (%) in Venezuela, Bolivarian Republic of was 40.2% in 2020, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest employment to population ratio, ages 15-24, male (%) recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 50.5% in 2006.
- What is the lowest employment to population ratio, ages 15-24, male (%) recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 40.2% in 2020.
- How does Venezuela, Bolivarian Republic of rank for employment to population ratio, ages 15-24, male (%)?
- Venezuela, Bolivarian Republic of ranks 72nd out of 154 countries with data for 2020.
- Is employment to population ratio, ages 15-24, male (%) rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Employment to population ratio, ages 15-24, male (%) (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.