Labor market, S1 - Valid grounds in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Labor market, S1 - Valid grounds was 0.0503 in 2014. β—† Volatile

Latest (2014)
0.0503
Change on year
unchanged
World rank
89th
of 90 countries
All-time high
0.849
in 1991
All-time low
0.0436
in 2002
Years of data
42
1973–2014

Labor market, S1 - Valid grounds in Venezuela, Bolivarian Republic of, 1973–2014

00.20.40.60.81973199320141973: 0.8151974: 0.8151975: 0.8151976: 0.8151977: 0.8151978: 0.8151979: 0.8151980: 0.8151981: 0.8151982: 0.8151983: 0.8151984: 0.8151985: 0.8151986: 0.8151987: 0.8151988: 0.8151989: 0.8151990: 0.8151991: 0.8491992: 0.8491993: 0.8491994: 0.8491995: 0.8491996: 0.8491997: 0.8491998: 0.8491999: 0.8492000: 0.8492001: 0.8492002: 0.0442003: 0.0842004: 0.0842005: 0.0842006: 0.0842007: 0.0842008: 0.0842009: 0.0842010: 0.0842011: 0.0842012: 0.052013: 0.052014: 0.05

Source: International Monetary Fund.

Analysis

Venezuela, Bolivarian Republic of recorded 0.0503 for labor market, s1 - valid grounds in 2014.

Compared with earlier readings it is down 40.0% over ten years.

Over the whole period, labor market, s1 - valid grounds in Venezuela, Bolivarian Republic of peaked at 0.849 in 1991 and was at its lowest, 0.0436, in 2002.

Venezuela, Bolivarian Republic of ranks 89th of 90 countries on this measure, 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 0.8154 0.8154 0.8154 7
1980s 0.8154 0.8154 0.8154 10
1990s 0.8456 0.8154 0.849 10
2000s 0.2329 0.0436 0.849 10
2010s 0.0638 0.0503 0.0839 5

Countries ranked near Venezuela, Bolivarian Republic of

  1. 86 Estonia 0.3826 compare
  2. 87 Russia 0.3658 compare
  3. 88 Ukraine 0.349 compare
  4. 90 Bolivia, Plurinational State of 0.0436 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, s1 - valid grounds in Venezuela, Bolivarian Republic of?
Labor market, s1 - valid grounds in Venezuela, Bolivarian Republic of was 0.0503 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - valid grounds recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 0.849 in 1991.
What is the lowest labor market, s1 - valid grounds recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0.0436 in 2002.
How does Venezuela, Bolivarian Republic of rank for labor market, s1 - valid grounds?
Venezuela, Bolivarian Republic of ranks 89th out of 90 countries with data for 2014.
Is labor market, s1 - valid grounds rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is down 40.0%. 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, S1 - Valid grounds. Statizoid updates them automatically from the source API.

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Labor market, S1 - Valid grounds in Venezuela, Bolivarian Republic of. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-valid-grounds/venezuela-rb/

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About this data

Indicator
Labor market, S1 - Valid grounds
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.