Venezuela 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.
- Venezuela labor force participation rate for 2023 was 27.22%, a 1.09% increase from 2022.
- 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 - Historical Data |
| Year |
Participation Rate for Ages 15-24 |
Annual Change |
| 2023 |
27.22% |
1.09% |
| 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% |
-0.03% |
