Labor share of gdp in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: Labor share of gdp was 10.2 in 2020. ▼ Falling
Labor share of gdp in Venezuela, República Bolivariana de, 2004–2020
Source: Our World in Data.
Analysis
Venezuela, República Bolivariana de recorded 10.2 for labor share of gdp in 2020.
The figure is up 1.0% on the previous year and down 74.4% over ten years.
Over the whole period, labor share of gdp in Venezuela, República Bolivariana de peaked at 48.2 in 2014 and was at its lowest, 10.1, in 2019.
That places Venezuela, República Bolivariana de 186th out of 186 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.88 | 38.1 | 46 | 6 |
| 2010s | 32.74 | 10.1 | 48.2 | 10 |
| 2020s | 10.2 | 10.2 | 10.2 | 1 |
Countries ranked near Venezuela, República Bolivariana de
More work & labour data for Venezuela, República Bolivariana de
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 51.9% (2025)
- Labor force participation rate, male (% of male population ages 15+) 67.5% (2025)
- Ratio of female to male labor force participation rate (%) 54.9% (2025)
- Labor force participation rate, female (% of female population ages) 37.1% (2025)
- Labor force participation rate, total (% of total population ages) 56.6% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 71.9% (2025)
- Labor force participation rate, female (% of female population ages) 41.6% (2025)
Frequently asked questions
- What is labor share of gdp in Venezuela, República Bolivariana de?
- Labor share of gdp in Venezuela, República Bolivariana de was 10.2 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Venezuela, República Bolivariana de?
- The highest recorded value was 48.2 in 2014.
- What is the lowest labor share of gdp recorded in Venezuela, República Bolivariana de?
- The lowest recorded value was 10.1 in 2019.
- How does Venezuela, República Bolivariana de rank for labor share of gdp?
- Venezuela, República Bolivariana de ranks 186th out of 186 countries with data for 2020.
- Is labor share of gdp rising or falling in Venezuela, República Bolivariana de?
- Over the last ten years it is down 74.4%. The long-run trend across the full record is falling.
- Where does this Venezuela, República Bolivariana de data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).