NEET rate: Share of youth not in employment, education or training in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: NEET rate: Share of youth not in employment, education or training was 22.98 in 2017. ▼ Falling
NEET rate: Share of youth not in employment, education or training in Venezuela, Bolivarian Republic of, 2005–2017
Source: International Labour Organization.
Analysis
In 2017, neet rate: share of youth not in employment, education or training in Venezuela, Bolivarian Republic of stood at 22.98.
Compared with earlier readings it is up 7.7% on the previous year and down 9.0% over ten years.
Over the whole period, neet rate: share of youth not in employment, education or training in Venezuela, Bolivarian Republic of peaked at 27.64 in 2005 and was at its lowest, 19.46, in 2010.
That places Venezuela, Bolivarian Republic of 34th out of 113 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
NEET rate: Share of youth not in employment, education or training in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 27.64 | — |
| 2006 | 26.34 | -4.7% |
| 2007 | 25.26 | -4.1% |
| 2008 | 25.18 | -0.3% |
| 2009 | 22.01 | -12.6% |
| 2010 | 19.46 | -11.6% |
| 2011 | 19.64 | +0.9% |
| 2012 | 20.35 | +3.6% |
| 2016 | 21.32 | +4.8% |
| 2017 | 22.98 | +7.7% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 22.98 is below the median for lower middle income countries, which is 24.67, 93% of the median. (26 countries reporting)
- Venezuela, Bolivarian Republic of's 22.98 is above the median for Latin America & Caribbean, which is 19.82, 1.2× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.29 | 22.01 | 27.64 | 5 |
| 2010s | 20.75 | 19.46 | 22.98 | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
More work & labour data for Venezuela, Bolivarian Republic of
- 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 neet rate: share of youth not in employment, education or training in Venezuela, Bolivarian Republic of?
- Neet rate: share of youth not in employment, education or training in Venezuela, Bolivarian Republic of was 22.98 in 2017, according to International Labour Organization.
- What is the highest neet rate: share of youth not in employment, education or training recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 27.64 in 2005.
- What is the lowest neet rate: share of youth not in employment, education or training recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 19.46 in 2010.
- How does Venezuela, Bolivarian Republic of rank for neet rate: share of youth not in employment, education or training?
- Venezuela, Bolivarian Republic of ranks 34th out of 113 countries with data for 2017.
- Is neet rate: share of youth not in employment, education or training rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Labour Organization, published as part of NEET rate: Share of youth not in employment, education or training (previous ILO definition - ICLS13) (15-29). 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. This indicator refers to the proportion of youth who are not in employment and not in education or training. Youth not in education are those who were neither enrolled in school nor in a formal training program (e.g. vocational training). For statistical purposes, youth are defined as persons between the ages of 15 and 24 years. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.