Latin America & Caribbean Labor Force Participation Rate 1991-2024
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.
- Latin America & Caribbean labor force participation rate for 2023 was 46.80%, a 0.55% decline from 2022.
- Latin America & Caribbean labor force participation rate for 2022 was 47.35%, a 0.15% increase from 2021.
- Latin America & Caribbean labor force participation rate for 2021 was 47.20%, a 2.76% increase from 2020.
- Latin America & Caribbean labor force participation rate for 2020 was 44.44%, a 4.2% decline from 2019.
| Latin America & Caribbean Labor Force Participation Rate - Historical Data |
| Year |
Participation Rate for Ages 15-24 |
Annual Change |
| 2023 |
46.80% |
-0.55% |
| 2022 |
47.35% |
0.15% |
| 2021 |
47.20% |
2.76% |
| 2020 |
44.44% |
-4.20% |
| 2019 |
48.63% |
0.17% |
| 2018 |
48.46% |
0.10% |
| 2017 |
48.36% |
0.17% |
| 2016 |
48.19% |
-0.15% |
| 2015 |
48.34% |
-0.48% |
| 2014 |
48.82% |
-0.65% |
| 2013 |
49.48% |
-1.04% |
| 2012 |
50.52% |
-0.04% |
| 2011 |
50.56% |
-0.77% |
| 2010 |
51.32% |
-1.01% |
| 2009 |
52.34% |
-0.35% |
| 2008 |
52.69% |
-0.44% |
| 2007 |
53.13% |
-0.56% |
| 2006 |
53.69% |
-0.33% |
| 2005 |
54.02% |
0.37% |
| 2004 |
53.65% |
0.33% |
| 2003 |
53.32% |
-0.18% |
| 2002 |
53.50% |
-0.03% |
| 2001 |
53.53% |
-0.40% |
| 2000 |
53.93% |
-0.75% |
| 1999 |
54.67% |
-0.11% |
| 1998 |
54.78% |
0.31% |
| 1997 |
54.47% |
0.30% |
| 1996 |
54.17% |
-1.09% |
| 1995 |
55.26% |
0.12% |
| 1994 |
55.14% |
-0.16% |
| 1993 |
55.30% |
0.18% |
| 1992 |
55.12% |
0.04% |
| 1991 |
55.08% |
0.04% |
