Ratio of total weekly hours worked to population aged 15-64 in Venezuela
Venezuela: Ratio of total weekly hours worked to population aged 15-64 was 21.64 in 2027. ▼ Falling
Ratio of total weekly hours worked to population aged 15-64 in Venezuela, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for ratio of total weekly hours worked to population aged 15-64 in Venezuela is 21.64, measured in 2027.
Compared with earlier readings it is up 0.2% on the previous year and down 11.1% over ten years.
Over the whole period, ratio of total weekly hours worked to population aged 15-64 in Venezuela peaked at 26.37 in 2008 and was at its lowest, 17.99, in 2020.
Venezuela ranks 149th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Ratio of total weekly hours worked to population aged 15-64 in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 25.65 | — |
| 2006 | 26.34 | +2.7% |
| 2007 | 26.21 | -0.5% |
| 2008 | 26.37 | +0.6% |
| 2009 | 26.26 | -0.4% |
| 2010 | 26.26 | +0.0% |
| 2011 | 25.95 | -1.2% |
| 2012 | 25.72 | -0.9% |
| 2013 | 25.17 | -2.1% |
| 2014 | 25.06 | -0.4% |
| 2015 | 24.93 | -0.5% |
| 2016 | 24.83 | -0.4% |
| 2017 | 24.34 | -2.0% |
| 2018 | 23.54 | -3.3% |
| 2019 | 22.26 | -5.4% |
| 2020 | 17.99 | -19.2% |
| 2021 | 19.18 | +6.6% |
| 2022 | 20.98 | +9.4% |
| 2023 | 21.29 | +1.5% |
| 2024 | 21.65 | +1.7% |
| 2025 | 21.69 | +0.2% |
| 2026 | 21.6 | -0.4% |
| 2027 | 21.64 | +0.2% |
Venezuela compared with similar countries
- Venezuela's 21.64 is below the median for lower middle income countries, which is 24.55, 88% of the median. (46 countries reporting)
- Venezuela's 21.64 is below the median for Latin America & Caribbean, which is 26.17, 83% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.17 | 25.65 | 26.37 | 5 |
| 2010s | 24.81 | 22.26 | 26.26 | 10 |
| 2020s | 20.75 | 17.99 | 21.69 | 8 |
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 ratio of total weekly hours worked to population aged 15-64 in Venezuela?
- Ratio of total weekly hours worked to population aged 15-64 in Venezuela was 21.64 in 2027, according to International Labour Organization.
- What is the highest ratio of total weekly hours worked to population aged 15-64 recorded in Venezuela?
- The highest recorded value was 26.37 in 2008.
- What is the lowest ratio of total weekly hours worked to population aged 15-64 recorded in Venezuela?
- The lowest recorded value was 17.99 in 2020.
- How does Venezuela rank for ratio of total weekly hours worked to population aged 15-64?
- Venezuela ranks 149th out of 188 countries with data for 2027.
- Is ratio of total weekly hours worked to population aged 15-64 rising or falling in Venezuela?
- Over the last ten years it is down 11.1%. 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 Ratio of total weekly hours worked to population aged 15-64 (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. The ratio of total weekly hours worked to population aged 15-64 is the total weekly hours worked by employed persons in their main job divided by the population aged 15-64. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.