Labor force participation rate, male (% of male population ages 15+) in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Labor force participation rate, male (% of male population ages 15+) was 72.7% in 2020. ▬ Flat
Labor force participation rate, male (% of male population ages 15+) in Venezuela, Bolivarian Republic of, 1961–2020
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
Venezuela, Bolivarian Republic of recorded 72.7% for labor force participation rate, male (% of male population ages 15+) in 2020.
That represents a change of down 8.4% on the previous year and down 7.2% over ten years.
Over the whole period, labor force participation rate, male (% of male population ages 15+) in Venezuela, Bolivarian Republic of peaked at 89.5% in 1961 and was at its lowest, 45.0%, in 1975.
Venezuela, Bolivarian Republic of ranks 78th of 196 countries on this measure, in the middle of the range.
Labor force participation rate, male (% of male population ages 15+) in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 89.5% | — |
| 1971 | 80.3% | -10.2% |
| 1975 | 45.0% | -44.0% |
| 1977 | 80.9% | +80.0% |
| 1979 | 80.8% | -0.1% |
| 1981 | 80.4% | -0.6% |
| 1982 | 80.3% | -0.1% |
| 1983 | 79.5% | -1.0% |
| 1984 | 80.5% | +1.3% |
| 1985 | 81.1% | +0.8% |
| 1986 | 81.1% | +0.0% |
| 1987 | 81.1% | -0.0% |
| 1988 | 82.2% | +1.3% |
| 1989 | 81.7% | -0.5% |
| 1990 | 80.7% | -1.2% |
| 1991 | 81.4% | +0.8% |
| 1992 | 80.8% | -0.7% |
| 1993 | 79.5% | -1.6% |
| 1994 | 81.0% | +1.8% |
| 1995 | 82.1% | +1.3% |
| 1996 | 82.4% | +0.4% |
| 1997 | 82.7% | +0.4% |
| 1998 | 83.2% | +0.6% |
| 2001 | 82.7% | -0.6% |
| 2002 | 83.6% | +1.1% |
| 2005 | 79.3% | -5.2% |
| 2006 | 79.9% | +0.8% |
| 2007 | 79.4% | -0.7% |
| 2008 | 79.1% | -0.3% |
| 2009 | 78.3% | -1.0% |
| 2010 | 78.4% | +0.1% |
| 2011 | 77.9% | -0.6% |
| 2012 | 77.0% | -1.1% |
| 2016 | 74.8% | -2.9% |
| 2017 | 79.4% | +6.1% |
| 2020 | 72.7% | -8.4% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 72.7% is above the median for lower middle income countries, which is 71.7%, 1.0× the median. (44 countries reporting)
- Venezuela, Bolivarian Republic of's 72.7% is below the median for Latin America & Caribbean, which is 74.0%, 98% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Labor force participation rate, male (% of male population ages 15+) in Venezuela, Bolivarian Republic of 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 | +80.0% | 45.0% | 80.9% |
| 1975 | -44.0% | 80.3% | 45.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 89.5% | 89.5% | 89.5% | 1 |
| 1970s | 71.8% | 45.0% | 80.9% | 4 |
| 1980s | 80.9% | 79.5% | 82.2% | 9 |
| 1990s | 81.5% | 79.5% | 83.2% | 9 |
| 2000s | 80.3% | 78.3% | 83.6% | 7 |
| 2010s | 77.5% | 74.8% | 79.4% | 5 |
| 2020s | 72.7% | 72.7% | 72.7% | 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 labor force participation rate, male (% of male population ages 15+) in Venezuela, Bolivarian Republic of?
- Labor force participation rate, male (% of male population ages 15+) in Venezuela, Bolivarian Republic of was 72.7% in 2020, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest labor force participation rate, male (% of male population ages 15+) recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 89.5% in 1961.
- What is the lowest labor force participation rate, male (% of male population ages 15+) recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 45.0% in 1975.
- How does Venezuela, Bolivarian Republic of rank for labor force participation rate, male (% of male population ages 15+)?
- Venezuela, Bolivarian Republic of ranks 78th out of 196 countries with data for 2020.
- Is labor force participation rate, male (% of male population ages 15+) rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is flat.
- 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 Labor force participation rate, male (% of male population ages 15+) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.