Labor force participation rate by age in Venezuela

Venezuela: Labor force participation rate by age was 30.74 in 2024. ▼ Falling

Latest (2024)
30.74
Change on year
up 0.7%
World rank
142nd
of 188 countries
All-time high
49.95
in 1991
All-time low
27.99
in 2020
Years of data
35
1990–2024

Labor force participation rate by age in Venezuela, 1990–2024

010203040501990200720241990: 49.91991: 501992: 49.91993: 49.61994: 49.11995: 491996: 48.61997: 48.51998: 48.21999: 47.62000: 47.52001: 47.22002: 46.52003: 45.92004: 46.22005: 46.32006: 45.62007: 44.52008: 43.82009: 42.82010: 41.62011: 40.72012: 39.82013: 38.62014: 37.32015: 36.12016: 34.92017: 34.32018: 33.82019: 32.92020: 282021: 29.42022: 30.42023: 30.52024: 30.7

Source: Our World in Data.

Analysis

The most recent figure for labor force participation rate by age in Venezuela is 30.74, measured in 2024.

That represents a change of up 0.7% on the previous year and down 17.6% over ten years.

Over the whole period, labor force participation rate by age in Venezuela peaked at 49.95 in 1991 and was at its lowest, 27.99, in 2020.

That places Venezuela 142nd out of 188 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 49.04 47.62 49.95 10
2000s 45.63 42.82 47.45 10
2010s 37 32.89 41.61 10
2020s 29.81 27.99 30.74 5

Countries ranked near Venezuela

  1. 139 Bhutan 30.83 compare
  2. 140 Palestine 30.81 compare
  3. 141 Gambia 30.76 compare
  4. 143 Ukraine 30.66 compare
  5. 144 Equatorial Guinea 30.45 compare
  6. 145 Chile 30.25 compare

See the full ranking of 195 places →

More work & labour data for Venezuela

All data for Venezuela →

Frequently asked questions

What is labor force participation rate by age in Venezuela?
Labor force participation rate by age in Venezuela was 30.74 in 2024, according to Our World in Data.
What is the highest labor force participation rate by age recorded in Venezuela?
The highest recorded value was 49.95 in 1991.
What is the lowest labor force participation rate by age recorded in Venezuela?
The lowest recorded value was 27.99 in 2020.
How does Venezuela rank for labor force participation rate by age?
Venezuela ranks 142nd out of 188 countries with data for 2024.
Is labor force participation rate by age rising or falling in Venezuela?
Over the last ten years it is down 17.6%. The long-run trend across the full record is falling.
Where does this Venezuela data come from?
The figures come from Our World in Data, published as part of Labor force participation rate by age. Statizoid updates them automatically from the source API.

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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Labor force participation rate by age
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
195 places, 6,816 data points, 1990–2024
Last refreshed