Labour dependency ratio (ILO modelled estimates) in Venezuela
Venezuela: Labour dependency ratio (ILO modelled estimates) was 1.69 in 2027. ▬ Flat
Labour dependency ratio in Venezuela, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, labour dependency ratio in Venezuela stood at 1.69.
That represents a change of down 0.8% on the previous year and up 18.0% over ten years.
Over the whole period, labour dependency ratio in Venezuela peaked at 2.11 in 2020 and was at its lowest, 1.38, in 2009.
That places Venezuela 56th out of 188 countries with data for 2027, putting it in the middle of the range.
Labour dependency ratio (ILO modelled estimates) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1.75 | — |
| 1992 | 1.67 | -4.4% |
| 1993 | 1.63 | -2.6% |
| 1994 | 1.68 | +3.2% |
| 1995 | 1.71 | +1.6% |
| 1996 | 1.75 | +2.0% |
| 1997 | 1.7 | -2.8% |
| 1998 | 1.68 | -0.8% |
| 1999 | 1.79 | +6.7% |
| 2000 | 1.75 | -2.3% |
| 2001 | 1.7 | -3.0% |
| 2002 | 1.82 | +6.9% |
| 2003 | 1.85 | +2.0% |
| 2004 | 1.73 | -6.8% |
| 2005 | 1.55 | -10.1% |
| 2006 | 1.46 | -6.1% |
| 2007 | 1.43 | -2.2% |
| 2008 | 1.39 | -2.5% |
| 2009 | 1.38 | -0.5% |
| 2010 | 1.41 | +1.5% |
| 2011 | 1.4 | -0.6% |
| 2012 | 1.4 | +0.1% |
| 2013 | 1.43 | +2.2% |
| 2014 | 1.42 | -0.8% |
| 2015 | 1.41 | -0.7% |
| 2016 | 1.39 | -0.9% |
| 2017 | 1.44 | +2.9% |
| 2018 | 1.52 | +6.1% |
| 2019 | 1.68 | +10.2% |
| 2020 | 2.11 | +25.8% |
| 2021 | 2.05 | -3.0% |
| 2022 | 1.84 | -9.9% |
| 2023 | 1.79 | -3.1% |
| 2024 | 1.73 | -3.5% |
| 2025 | 1.71 | -0.9% |
| 2026 | 1.71 | -0.2% |
| 2027 | 1.69 | -0.8% |
Venezuela compared with similar countries
- Venezuela's 1.69 is below the median for lower middle income countries, which is 1.75, 97% of the median. (46 countries reporting)
- Venezuela's 1.69 is above the median for Latin America & Caribbean, which is 1.17, 1.5× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Labour dependency ratio (ILO modelled estimates) in Venezuela 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 |
|---|---|---|---|
| 2020 | +25.8% | 1.68 | 2.11 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.71 | 1.63 | 1.79 | 9 |
| 2000s | 1.61 | 1.38 | 1.85 | 10 |
| 2010s | 1.45 | 1.39 | 1.68 | 10 |
| 2020s | 1.83 | 1.69 | 2.11 | 8 |
Countries ranked near Venezuela
- 53 Cameroon 1.7 compare
- 53 Uzbekistan 1.7 compare
- 55 Suriname 1.69 compare
- 57 Bosnia and Herzegovina 1.68 compare
- 58 Zimbabwe 1.67 compare
- 59 French Polynesia 1.65 compare
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)
- 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)
- Legislation on sexual harassment in employment 1 (1=yes; 0=no) (2023)
Frequently asked questions
- What is labour dependency ratio in Venezuela?
- Labour dependency ratio in Venezuela was 1.69 in 2027, according to International Labour Organization.
- What is the highest labour dependency ratio recorded in Venezuela?
- The highest recorded value was 2.11 in 2020.
- What is the lowest labour dependency ratio recorded in Venezuela?
- The lowest recorded value was 1.38 in 2009.
- How does Venezuela rank for labour dependency ratio?
- Venezuela ranks 56th out of 188 countries with data for 2027.
- Is labour dependency ratio rising or falling in Venezuela?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is flat.
- Where does this Venezuela data come from?
- The figures come from International Labour Organization, published as part of Labour dependency ratio (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This indicator provides the ratio of dependents (persons aged 0 to 14 + persons aged 15 and above that are either outside the labour force or unemployed) to total employment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.