Full-time equivalent employment (ILO modelled estimates) (Based on 40) in Venezuela
Venezuela: Full-time equivalent employment (ILO modelled estimates) (Based on 40) was 10,199 in 2027. ▼ Falling
Full-time equivalent employment (ILO modelled estimates) in Venezuela, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for full-time equivalent employment (ilo modelled estimates) in Venezuela is 10,199, measured in 2027.
Compared with earlier readings it is up 1.0% on the previous year and down 15.9% over ten years.
Over the whole period, full-time equivalent employment (ilo modelled estimates) in Venezuela peaked at 12,480 in 2016 and was at its lowest, 8,175, in 2020.
That places Venezuela 56th out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Full-time equivalent employment (ILO modelled estimates) (Based on 40) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 10,838 | — |
| 2006 | 11,362 | +4.8% |
| 2007 | 11,533 | +1.5% |
| 2008 | 11,820 | +2.5% |
| 2009 | 11,974 | +1.3% |
| 2010 | 12,174 | +1.7% |
| 2011 | 12,226 | +0.4% |
| 2012 | 12,303 | +0.6% |
| 2013 | 12,222 | -0.7% |
| 2014 | 12,337 | +0.9% |
| 2015 | 12,436 | +0.8% |
| 2016 | 12,480 | +0.4% |
| 2017 | 12,129 | -2.8% |
| 2018 | 11,348 | -6.4% |
| 2019 | 10,326 | -9.0% |
| 2020 | 8,175 | -20.8% |
| 2021 | 8,665 | +6.0% |
| 2022 | 9,504 | +9.7% |
| 2023 | 9,716 | +2.2% |
| 2024 | 9,962 | +2.5% |
| 2025 | 10,062 | +1.0% |
| 2026 | 10,102 | +0.4% |
| 2027 | 10,199 | +1.0% |
Venezuela compared with similar countries
- Venezuela's 10,199 is above the median for lower middle income countries, which is 4,804, 2.1× the median. (46 countries reporting)
- Venezuela's 10,199 is above the median for Latin America & Caribbean, which is 3,178, 3.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,505 | 10,838 | 11,974 | 5 |
| 2010s | 11,998 | 10,326 | 12,480 | 10 |
| 2020s | 9,548 | 8,175 | 10,199 | 8 |
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 full-time equivalent employment (ilo modelled estimates) in Venezuela?
- Full-time equivalent employment (ilo modelled estimates) in Venezuela was 10,199 in 2027, according to International Labour Organization.
- What is the highest full-time equivalent employment (ilo modelled estimates) recorded in Venezuela?
- The highest recorded value was 12,480 in 2016.
- What is the lowest full-time equivalent employment (ilo modelled estimates) recorded in Venezuela?
- The lowest recorded value was 8,175 in 2020.
- How does Venezuela rank for full-time equivalent employment (ilo modelled estimates)?
- Venezuela ranks 56th out of 188 countries with data for 2027.
- Is full-time equivalent employment (ilo modelled estimates) rising or falling in Venezuela?
- Over the last ten years it is down 15.9%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Labour Organization, published as part of Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week). Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This indicator refers to total weekly hours actually worked for employed persons in their main job divided by 40 or 48. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.