Venezuela Labor Force Participation Rate 1990-2024

Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.
  • Venezuela labor force participation rate for 2022 was 27.89%, a 0.83% increase from 2021.
  • Venezuela labor force participation rate for 2021 was 27.06%, a 1.14% increase from 2020.
  • Venezuela labor force participation rate for 2020 was 25.92%, a 2.77% decline from 2019.
  • Venezuela labor force participation rate for 2019 was 28.69%, a 3% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Participation Rate for Ages 15-24
St. Lucia 58.00%
Brazil 56.76%
Paraguay 56.37%
Peru 55.60%
St. Vincent and the Grenadines 51.75%
Maldives 50.33%
Guatemala 49.69%
China 48.33%
Dominican Republic 47.04%
Ecuador 46.52%
Colombia 46.02%
Belize 45.23%
Mexico 44.51%
Malaysia 43.49%
Azerbaijan 43.41%
Samoa 43.34%
Guyana 43.03%
Turkey 42.74%
Belarus 42.70%
Costa Rica 42.64%
Kazakhstan 40.84%
Armenia 40.40%
Thailand 39.80%
Mauritius 39.31%
Cuba 39.25%
Fiji 38.00%
Lebanon 36.75%
Botswana 35.79%
Suriname 35.65%
Jamaica 34.93%
Albania 34.42%
Montenegro 33.23%
Bosnia 32.36%
South Africa 29.75%
Serbia 29.32%
Namibia 29.18%
Tonga 28.30%
North Macedonia 28.24%
Venezuela 27.89%
Equatorial Guinea 27.58%
Iraq 27.20%
Romania 25.90%
Turkmenistan 25.52%
Jordan 25.14%
Iran 24.43%
Algeria 23.51%
Bulgaria 21.26%
Gabon 17.49%
Libya 16.44%
Venezuela Labor Force Participation Rate - Historical Data
Year Participation Rate for Ages 15-24 Annual Change
2022 27.89% 0.83%
2021 27.06% 1.14%
2020 25.92% -2.77%
2019 28.69% -3.00%
2018 31.69% -1.72%
2017 33.41% -1.46%
2016 34.87% -1.22%
2015 36.09% -1.24%
2014 37.33% -1.25%
2013 38.58% -1.27%
2012 39.85% -0.81%
2011 40.66% -0.95%
2010 41.61% -1.21%
2009 42.82% -1.03%
2008 43.85% -0.61%
2007 44.46% -1.15%
2006 45.61% -0.66%
2005 46.27% 0.34%
2004 45.93% 0.99%
2003 44.94% -1.05%
2002 46.00% -1.18%
2001 47.18% -0.14%
2000 47.32% -0.08%
1999 47.40% -0.89%
1998 48.29% -0.38%
1997 48.67% 0.12%
1996 48.55% -0.47%
1995 49.02% -0.12%
1994 49.14% -0.67%
1993 49.82% -0.48%
1992 50.29% -0.02%
1991 50.31% 0.28%
1990 50.03% 0.28%