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Venezuela, RB — Labor participation

Labor Force Participation Rate for Venezuela, RB, 1990–2025.

Latest value · 2025
51.93%
Labor Force Participation Rate · % of population ages 15+ · -18.9% since 1990

Labor participation for Venezuela, RB was 51.93% in 2025, according to the latest World Bank data. The series covers 36 years, from 1990 to 2025. The highest recorded value was 64.86% in 2006. The lowest was 48.18% in 2020 (about 1.1× the low point). Across that span the compound annual growth rate works out to -0.60% per year.

Venezuela, RB ranks 156 of 187 economies on this measure (1 = highest), putting it in the top 83%. The median for Latin America & Caribbean is 63.14%, so Venezuela, RB sits below it. It peaked in 2006 and has fallen 20% since. Over the last decade (2015–2025) the figure moved down 16%.

Key figures

Latest (2025)
51.93%
First (1990)
64.05%
Change
-18.9%
Highest
64.86%
in 2006
Lowest
48.18%
in 2020
Average
61.06%
Annual growth (CAGR)
-0.60%
Years of data
36

Recent years

Year% of population ages 15+
202551.93%
202452.05%
202351.37%
202250.88%
202148.61%
202048.18%
201955.16%
201858.19%
201759.9%
201661.19%
201561.67%
201462.15%
Reading this correctly. Proportion of the population aged 15 and above that is economically active: supplying labor for the production of goods and services. Figures are in % of population ages 15+. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator SL.TLF.CACT.ZS — Labor Force Participation Rate. Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.