Venezuela Labor Force Participation Rate 1990-2023

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 2021 was 33.13%, a 1.05% increase from 2020.
  • Venezuela labor force participation rate for 2020 was 32.08%, a 2.83% decline from 2019.
  • Venezuela labor force participation rate for 2019 was 34.91%, a 0.11% increase from 2018.
  • Venezuela labor force participation rate for 2018 was 34.80%, a 0.03% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Participation Rate for Ages 15-24
Peru 59.45%
Paraguay 59.39%
St. Lucia 54.97%
St. Vincent and the Grenadines 52.32%
Brazil 51.64%
Guatemala 49.17%
Colombia 48.69%
China 48.07%
Maldives 46.42%
Guyana 46.39%
Belarus 45.74%
Malaysia 44.97%
Mexico 44.82%
Ecuador 44.31%
Belize 44.14%
Costa Rica 44.04%
Dominican Republic 42.78%
Turkey 41.48%
Azerbaijan 40.67%
Kazakhstan 40.38%
Thailand 39.63%
Mauritius 38.68%
Fiji 38.14%
Suriname 36.53%
Bosnia 36.07%
Cuba 35.89%
Botswana 35.40%
Armenia 35.36%
Albania 34.68%
Montenegro 34.49%
Venezuela 33.13%
Russia 32.54%
Samoa 32.27%
Jamaica 31.95%
North Macedonia 30.15%
Serbia 29.89%
Romania 28.57%
Namibia 28.45%
Lebanon 28.39%
Equatorial Guinea 27.43%
Iraq 26.99%
Turkmenistan 26.41%
Jordan 25.04%
Tonga 24.50%
Iran 24.29%
Algeria 22.83%
South Africa 22.43%
Bulgaria 20.70%
Gabon 16.66%
Libya 16.20%
Venezuela Labor Force Participation Rate - Historical Data
Year Participation Rate for Ages 15-24 Annual Change
2021 33.13% 1.05%
2020 32.08% -2.83%
2019 34.91% 0.11%
2018 34.80% -0.03%
2017 34.83% -0.08%
2016 34.91% -1.99%
2015 36.90% -1.95%
2014 38.85% -1.98%
2013 40.83% 0.89%
2012 39.94% -0.81%
2011 40.74% -0.93%
2010 41.68% -1.21%
2009 42.88% -1.02%
2008 43.91% -0.61%
2007 44.51% -1.13%
2006 45.64% -0.63%
2005 46.27% -0.02%
2004 46.29% 0.01%
2003 46.28% -0.07%
2002 46.35% -0.08%
2001 46.43% -0.03%
2000 46.46% -0.03%
1999 46.49% -0.07%
1998 46.56% -0.05%
1997 46.61% -0.03%
1996 46.63% -0.06%
1995 46.69% -0.05%
1994 46.74% -0.08%
1993 46.82% -0.07%
1992 46.89% -0.05%
1991 46.95% -0.03%
1990 46.98% -0.03%