Labor force participation rate for ages 15-24 … female national in Venezuela
Venezuela: Labor force participation rate for ages 15-24 … female national was 28.6% in 2020. ▲ Rising
Labor force participation rate for ages 15-24, female (%) in Venezuela, 1961–2020
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
The most recent figure for labor force participation rate for ages 15-24, female (%) in Venezuela is 28.6%, measured in 2020.
Compared with earlier readings it is down 5.3% on the previous year and up 0.5% over ten years.
Over the whole period, labor force participation rate for ages 15-24, female (%) in Venezuela peaked at 42.4% in 2003 and was at its lowest, 21.7%, in 1961.
That places Venezuela 115th out of 174 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Labor force participation rate for ages 15-24 … female national in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 21.7% | — |
| 1971 | 24.3% | +12.3% |
| 1977 | 25.9% | +6.6% |
| 1979 | 25.6% | -1.4% |
| 1981 | 23.7% | -7.2% |
| 1982 | 23.2% | -2.3% |
| 1983 | 22.4% | -3.2% |
| 1984 | 24.2% | +7.8% |
| 1985 | 23.1% | -4.7% |
| 1986 | 22.5% | -2.5% |
| 1987 | 21.8% | -3.0% |
| 1988 | 21.8% | -0.2% |
| 1989 | 23.6% | +8.2% |
| 1990 | 26.4% | +12.2% |
| 1991 | 27.8% | +5.2% |
| 1992 | 26.8% | -3.6% |
| 1993 | 24.0% | -10.6% |
| 1994 | 25.8% | +7.6% |
| 1995 | 28.8% | +11.7% |
| 1996 | 30.7% | +6.6% |
| 1997 | 34.3% | +11.7% |
| 1998 | 35.8% | +4.4% |
| 2001 | 38.9% | +8.7% |
| 2002 | 42.0% | +7.9% |
| 2003 | 42.4% | +1.0% |
| 2005 | 33.7% | -20.5% |
| 2006 | 32.5% | -3.5% |
| 2007 | 31.3% | -3.8% |
| 2008 | 30.7% | -1.9% |
| 2009 | 29.9% | -2.5% |
| 2010 | 28.5% | -4.8% |
| 2011 | 27.8% | -2.3% |
| 2012 | 27.3% | -2.1% |
| 2016 | 23.0% | -15.7% |
| 2017 | 30.2% | +31.6% |
| 2020 | 28.6% | -5.3% |
Venezuela compared with similar countries
- Venezuela's 28.6% is below the median for lower middle income countries, which is 32.7%, 87% of the median. (37 countries reporting)
- Venezuela's 28.6% is below the median for Latin America & Caribbean, which is 35.4%, 81% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.7% | 21.7% | 21.7% | 1 |
| 1970s | 25.3% | 24.3% | 25.9% | 3 |
| 1980s | 22.9% | 21.8% | 24.2% | 9 |
| 1990s | 28.9% | 24.0% | 35.8% | 9 |
| 2000s | 35.2% | 29.9% | 42.4% | 8 |
| 2010s | 27.4% | 23.0% | 30.2% | 5 |
| 2020s | 28.6% | 28.6% | 28.6% | 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 labor force participation rate for ages 15-24, female (%) in Venezuela?
- Labor force participation rate for ages 15-24, female (%) in Venezuela was 28.6% in 2020, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest labor force participation rate for ages 15-24, female (%) recorded in Venezuela?
- The highest recorded value was 42.4% in 2003.
- What is the lowest labor force participation rate for ages 15-24, female (%) recorded in Venezuela?
- The lowest recorded value was 21.7% in 1961.
- How does Venezuela rank for labor force participation rate for ages 15-24, female (%)?
- Venezuela ranks 115th out of 174 countries with data for 2020.
- Is labor force participation rate for ages 15-24, female (%) rising or falling in Venezuela?
- Over the last ten years it is up 0.5%. 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 Labor force participation rate for ages 15-24, female (%) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.