Labour force participation rate (ILO modelled estimates) in Venezuela
Venezuela: Labour force participation rate (ILO modelled estimates) was 51.65 in 2027. ▼ Falling
Labour force participation rate (ILO modelled estimates) in Venezuela, 1990–2027
Source: International Labour Organization.
Analysis
The most recent figure for labour force participation rate (ilo modelled estimates) in Venezuela is 51.65, measured in 2027.
That represents a change of down 0.2% on the previous year and down 13.8% over ten years.
Over the whole period, labour force participation rate (ilo modelled estimates) in Venezuela peaked at 64.86 in 2006 and was at its lowest, 48.18, in 2020.
That places Venezuela 152nd out of 188 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 38 years of available data.
Labour force participation rate (ILO modelled estimates) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 64.05 | — |
| 1991 | 64.52 | +0.7% |
| 1992 | 64.76 | +0.4% |
| 1993 | 64.63 | -0.2% |
| 1994 | 64.32 | -0.5% |
| 1995 | 64.44 | +0.2% |
| 1996 | 64.29 | -0.2% |
| 1997 | 64.56 | +0.4% |
| 1998 | 64.45 | -0.2% |
| 1999 | 63.89 | -0.9% |
| 2000 | 64.01 | +0.2% |
| 2001 | 64.12 | +0.2% |
| 2002 | 63.31 | -1.3% |
| 2003 | 62.54 | -1.2% |
| 2004 | 63.7 | +1.9% |
| 2005 | 64.28 | +0.9% |
| 2006 | 64.86 | +0.9% |
| 2007 | 64.42 | -0.7% |
| 2008 | 64.29 | -0.2% |
| 2009 | 64.04 | -0.4% |
| 2010 | 63.85 | -0.3% |
| 2011 | 63.63 | -0.4% |
| 2012 | 63.11 | -0.8% |
| 2013 | 62.63 | -0.8% |
| 2014 | 62.15 | -0.8% |
| 2015 | 61.67 | -0.8% |
| 2016 | 61.19 | -0.8% |
| 2017 | 59.9 | -2.1% |
| 2018 | 58.19 | -2.9% |
| 2019 | 55.16 | -5.2% |
| 2020 | 48.18 | -12.7% |
| 2021 | 48.61 | +0.9% |
| 2022 | 50.88 | +4.7% |
| 2023 | 51.37 | +0.9% |
| 2024 | 52.05 | +1.3% |
| 2025 | 51.93 | -0.2% |
| 2026 | 51.76 | -0.3% |
| 2027 | 51.65 | -0.2% |
Venezuela compared with similar countries
- Venezuela's 51.65 is below the median for lower middle income countries, which is 57.46, 90% of the median. (46 countries reporting)
- Venezuela's 51.65 is below the median for Latin America & Caribbean, which is 62.69, 82% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 64.39 | 63.89 | 64.76 | 10 |
| 2000s | 63.96 | 62.54 | 64.86 | 10 |
| 2010s | 61.15 | 55.16 | 63.85 | 10 |
| 2020s | 50.8 | 48.18 | 52.05 | 8 |
Countries ranked near Venezuela
- 149 Pakistan 52.37 compare
- 150 Senegal 52.22 compare
- 151 Papua New Guinea 52.21 compare
- 153 Croatia 51.64 compare
- 154 French Polynesia 51.53 compare
- 155 North Macedonia 51.41 compare
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (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)
- Legislation on sexual harassment in employment 1 (1=yes; 0=no) (2023)
Frequently asked questions
- What is labour force participation rate (ilo modelled estimates) in Venezuela?
- Labour force participation rate (ilo modelled estimates) in Venezuela was 51.65 in 2027, according to International Labour Organization.
- What is the highest labour force participation rate (ilo modelled estimates) recorded in Venezuela?
- The highest recorded value was 64.86 in 2006.
- What is the lowest labour force participation rate (ilo modelled estimates) recorded in Venezuela?
- The lowest recorded value was 48.18 in 2020.
- How does Venezuela rank for labour force participation rate (ilo modelled estimates)?
- Venezuela ranks 152nd out of 188 countries with data for 2027.
- Is labour force participation rate (ilo modelled estimates) rising or falling in Venezuela?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Labour Organization, published as part of Labour force participation rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 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 labour force participation rate is the labour force as a percent of the working-age population. 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.