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Venezuela Labor Force Participation Rate 1960-2024

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 26.13%, a 0.22% decline from 2021.
  • Venezuela labor force participation rate for 2021 was 26.34%, a 0.95% increase from 2020.
  • Venezuela labor force participation rate for 2020 was 25.40%, a 2.98% decline from 2019.
  • Venezuela labor force participation rate for 2019 was 28.38%, a 3.17% decline from 2018.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Participation Rate for Ages 15-24
St. Lucia 59.26%
Brazil 56.39%
Peru 55.95%
Paraguay 55.91%
St. Vincent and the Grenadines 53.22%
Guatemala 51.60%
Belize 49.54%
China 48.42%
Maldives 47.24%
Azerbaijan 46.59%
Ecuador 45.87%
Dominican Republic 45.81%
Colombia 44.45%
Malaysia 44.44%
Mexico 44.37%
Guyana 44.06%
Turkey 43.85%
Samoa 43.43%
Costa Rica 42.97%
Kazakhstan 42.24%
Belarus 41.96%
Cuba 41.17%
Fiji 39.26%
Thailand 39.14%
Botswana 38.81%
Armenia 38.25%
Lebanon 35.53%
Suriname 34.40%
Albania 34.16%
Serbia 32.72%
Jamaica 32.72%
Mauritius 32.30%
Montenegro 30.26%
South Africa 29.82%
Turkmenistan 29.44%
Russia 29.16%
Bosnia 28.50%
North Macedonia 28.41%
Equatorial Guinea 28.13%
Tonga 28.06%
Namibia 27.71%
Iraq 26.32%
Venezuela 26.13%
Jordan 25.80%
Romania 25.50%
Algeria 22.78%
Bulgaria 22.20%
Iran 21.97%
Gabon 18.04%
Libya 16.78%
Dominica 0.00%
Grenada 0.00%
Tuvalu 0.00%
American Samoa 0.00%
Marshall Islands 0.00%
Nauru 0.00%
Venezuela Labor Force Participation Rate - Historical Data
Year Participation Rate for Ages 15-24 Annual Change
2022 26.13% -0.22%
2021 26.34% 0.95%
2020 25.40% -2.98%
2019 28.38% -3.17%
2018 31.55% -1.81%
2017 33.36% -1.51%
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% 1.02%
2003 44.91% -1.14%
2002 46.05% -1.28%
2001 47.32% -0.17%
2000 47.50% -0.11%
1999 47.60% -0.97%
1998 48.57% -0.42%
1997 48.99% 0.11%
1996 48.88% -0.52%
1995 49.40% -0.14%
1994 49.54% -0.73%
1993 50.27% -0.51%
1992 50.78% -0.03%
1991 50.81% 50.81%
1990 0.00% 0.00%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%