Labor market, Overall in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Labor market, Overall was 0.164 in 2014. β—† Volatile

Latest (2014)
0.164
Change on year
unchanged
World rank
90th
of 90 countries
All-time high
0.9482
in 1974
All-time low
0
in 2002
Years of data
42
1973–2014

Labor market, Overall in Venezuela, Bolivarian Republic of, 1973–2014

00.20.40.60.811973199320141973: 0.8281974: 0.9481975: 0.8621976: 0.8621977: 0.8621978: 0.8621979: 0.8621980: 0.8621981: 0.8621982: 0.8621983: 0.8621984: 0.8621985: 0.8621986: 0.8621987: 0.8621988: 0.8621989: 0.8621990: 0.8621991: 0.7161992: 0.7161993: 0.7161994: 0.7161995: 0.7161996: 0.7161997: 0.7161998: 0.7161999: 0.7162000: 0.7162001: 0.7162002: 02003: 0.1252004: 0.1252005: 0.1252006: 0.1252007: 0.1252008: 0.1252009: 0.1252010: 0.1252011: 0.1252012: 0.1642013: 0.1642014: 0.164

Source: International Monetary Fund.

Analysis

The most recent figure for labor market, overall in Venezuela, Bolivarian Republic of is 0.164, measured in 2014.

The figure is up 31.3% over ten years.

Over the whole period, labor market, overall in Venezuela, Bolivarian Republic of peaked at 0.9482 in 1974 and was at its lowest, 0, in 2002.

That places Venezuela, Bolivarian Republic of 90th out of 90 countries with data for 2014, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8694 0.8279 0.9482 7
1980s 0.8619 0.8619 0.8619 10
1990s 0.7305 0.7159 0.8619 10
2000s 0.2306 0 0.7159 10
2010s 0.1484 0.1249 0.164 5

Countries ranked near Venezuela, Bolivarian Republic of

  1. 87 Algeria 0.4596 compare
  2. 88 Viet Nam 0.4279 compare
  3. 89 Bolivia, Plurinational State of 0.2967 compare

See the full ranking of 90 places β†’

More work & labour data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of β†’

Frequently asked questions

What is labor market, overall in Venezuela, Bolivarian Republic of?
Labor market, overall in Venezuela, Bolivarian Republic of was 0.164 in 2014, according to International Monetary Fund.
What is the highest labor market, overall recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 0.9482 in 1974.
What is the lowest labor market, overall recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0 in 2002.
How does Venezuela, Bolivarian Republic of rank for labor market, overall?
Venezuela, Bolivarian Republic of ranks 90th out of 90 countries with data for 2014.
Is labor market, overall rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is up 31.3%. The long-run trend across the full record is volatile.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from International Monetary Fund, published as part of Labor market, Overall. Statizoid updates them automatically from the source API.

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Labor market, Overall in Venezuela, Bolivarian Republic of. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labor-market-overall/venezuela-rb/

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About this data

Indicator
Labor market, Overall
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 3,515 data points, 1973–2014
Last refreshed

The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.