Labour force participation rate for persons ages 25 to 54 in Venezuela
Venezuela: Labour force participation rate for persons ages 25 to 54 was 81.89 in 2017. ▬ Flat
Labour force participation rate for persons ages 25 to 54 in Venezuela, 2005–2017
Source: International Labour Organization.
Analysis
In 2017, labour force participation rate for persons ages 25 to 54 in Venezuela stood at 81.89. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 3.8% over ten years.
Over the whole period, labour force participation rate for persons ages 25 to 54 in Venezuela peaked at 81.89 in 2017 and was at its lowest, 77.51, in 2005.
That places Venezuela 49th out of 82 countries with data for 2017, putting it in the middle of the range.
Labour force participation rate for persons ages 25 to 54 in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 77.51 | — |
| 2006 | 79.05 | +2.0% |
| 2007 | 78.92 | -0.2% |
| 2008 | 79.04 | +0.2% |
| 2009 | 79.24 | +0.2% |
| 2010 | 79.8 | +0.7% |
| 2011 | 79.79 | -0.0% |
| 2012 | 79.68 | -0.1% |
| 2016 | 78.61 | -1.3% |
| 2017 | 81.89 | +4.2% |
Venezuela compared with similar countries
- Venezuela's 81.89 is above the median for lower middle income countries, which is 79.7, 1.0× the median. (19 countries reporting)
- Venezuela's 81.89 is above the median for Latin America & Caribbean, which is 81.89, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.75 | 77.51 | 79.24 | 5 |
| 2010s | 79.95 | 78.61 | 81.89 | 5 |
Countries ranked near Venezuela
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)
- Labour dependency ratio 1.69 (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)
Frequently asked questions
- What is labour force participation rate for persons ages 25 to 54 in Venezuela?
- Labour force participation rate for persons ages 25 to 54 in Venezuela was 81.89 in 2017, according to International Labour Organization.
- What is the highest labour force participation rate for persons ages 25 to 54 recorded in Venezuela?
- The highest recorded value was 81.89 in 2017.
- What is the lowest labour force participation rate for persons ages 25 to 54 recorded in Venezuela?
- The lowest recorded value was 77.51 in 2005.
- How does Venezuela rank for labour force participation rate for persons ages 25 to 54?
- Venezuela ranks 49th out of 82 countries with data for 2017.
- Is labour force participation rate for persons ages 25 to 54 rising or falling in Venezuela?
- Over the last ten years it is up 3.8%. 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 force participation rate for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. 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 Gender Equality and Non-Discrimination Indicators (GEND) database description.