Labour force participation rate for persons ages 25 to 54 (ILO) in Latin America and the Caribbean: High income
Latin America and the Caribbean: High income: Labour force participation rate for persons ages 25 to 54 (ILO) was 79.73 in 2023. ▲ Rising
Labour force participation rate for persons ages 25 to 54 in Latin America and the Caribbean: High income, 2004–2023
Source: International Labour Organization.
Analysis
In 2023, labour force participation rate for persons ages 25 to 54 in Latin America and the Caribbean: High income stood at 79.73. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 0.3% on the previous year and up 4.0% over ten years.
Over the whole period, labour force participation rate for persons ages 25 to 54 in Latin America and the Caribbean: High income peaked at 79.73 in 2023 and was at its lowest, 73.08, in 2004.
That places Latin America and the Caribbean: High income 47th out of 93 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Labour force participation rate for persons ages 25 to 54 (ILO) in Latin America and the Caribbean: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 73.08 | — |
| 2005 | 73.6 | +0.7% |
| 2006 | 74.56 | +1.3% |
| 2007 | 74.97 | +0.6% |
| 2008 | 75.62 | +0.9% |
| 2009 | 75.99 | +0.5% |
| 2010 | 75.77 | -0.3% |
| 2011 | 76.49 | +1.0% |
| 2012 | 76.47 | -0.0% |
| 2013 | 76.67 | +0.3% |
| 2014 | 77.08 | +0.5% |
| 2015 | 77.09 | +0.0% |
| 2016 | 77.16 | +0.1% |
| 2017 | 77.29 | +0.2% |
| 2018 | 77.54 | +0.3% |
| 2019 | 77.68 | +0.2% |
| 2020 | 75.72 | -2.5% |
| 2021 | 77.27 | +2.0% |
| 2022 | 79.52 | +2.9% |
| 2023 | 79.73 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.64 | 73.08 | 75.99 | 6 |
| 2010s | 76.92 | 75.77 | 77.68 | 10 |
| 2020s | 78.06 | 75.72 | 79.73 | 4 |
More work & labour data for Latin America and the Caribbean: High income
- Labour force (ILO modelled estimates) 19,892 (2027)
- Labour force participation rate (ILO modelled estimates) 60.43 (2027)
- Persons outside the labour force (ILO modelled estimates) 13,027 (2027)
- Unemployment rate (ILO modelled estimates) 8.14 (2027)
- Labour dependency ratio 1.17 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 76,690 (2027)
- Output per worker, GDP constant 2015 US $ 40,488 (2027)
- Employment-to-population ratio (ILO modelled estimates) 55.51 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.8477 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.8323 % change on previous year (2027)
Frequently asked questions
- What is labour force participation rate for persons ages 25 to 54 in Latin America and the Caribbean: High income?
- Labour force participation rate for persons ages 25 to 54 in Latin America and the Caribbean: High income was 79.73 in 2023, according to International Labour Organization.
- What is the highest labour force participation rate for persons ages 25 to 54 recorded in Latin America and the Caribbean: High income?
- The highest recorded value was 79.73 in 2023.
- What is the lowest labour force participation rate for persons ages 25 to 54 recorded in Latin America and the Caribbean: High income?
- The lowest recorded value was 73.08 in 2004.
- How does Latin America and the Caribbean: High income rank for labour force participation rate for persons ages 25 to 54?
- Latin America and the Caribbean: High income ranks 47th out of 93 groups with data for 2023.
- Is labour force participation rate for persons ages 25 to 54 rising or falling in Latin America and the Caribbean: High income?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean: High income data come from?
- The figures come from International Labour Organization, published as part of Labour force participation rate for persons ages 25 to 54 (ILO modelled estimates). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under ILO Terms of Use (attribution required).
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. The prime-age labour force participation rate is the labour force of persons aged 25 to 54 years divided by the population aged 25 to 54 years. The labour force is the sum of all persons of working age who are employed and those who are unemployed. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.