Account, in labor force (% age 15+) in Venezuela

Venezuela: Account, in labor force (% age 15+) was 88.8% in 2024. ▲ Rising

Latest (2024)
88.8%
Change on year
down 1.7%
World rank
48th
of 99 countries
All-time high
90.3%
in 2021
All-time low
66.4%
in 2011
Years of data
5
2011–2024

Account, in labor force in Venezuela, 2011–2024

0204060801002011201720242011: 66.4 % age 15+2014: 74.8 % age 15+2017: 80.7 % age 15+2021: 90.3 % age 15+2024: 88.8 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

In 2024, account, in labor force in Venezuela stood at 88.8%.

The figure is down 1.7% on the previous year and up 18.7% over ten years.

Over the whole period, account, in labor force in Venezuela peaked at 90.3% in 2021 and was at its lowest, 66.4%, in 2011.

Venezuela ranks 48th of 99 countries on this measure, in the middle of the range.

Account, in labor force (% age 15+) in Venezuela, year by year

Annual values for Account, in labor force (% age 15+) in Venezuela, 2011 to 2024.
Year % age 15+ Change
2011 66.4% —
2014 74.8% +12.7%
2017 80.7% +7.9%
2021 90.3% +11.9%
2024 88.8% -1.7%

Venezuela compared with similar countries

  • Venezuela's 88.8% is above the median for lower middle income countries, which is 62.1%, 1.4× the median. (21 countries reporting)
  • Venezuela's 88.8% is above the median for Latin America & Caribbean, which is 70.1%, 1.3× the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 73.9% 66.4% 80.7% 3
2020s 89.6% 88.8% 90.3% 2

Countries ranked near Venezuela

  1. 45 India 91.4% compare
  2. 46 Ukraine 90.8% compare
  3. 47 Chile 90.2% compare
  4. 49 Argentina 87.9% compare
  5. 50 South Africa 87.8% compare
  6. 51 Ghana 87.0% compare

See the full ranking of 111 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is account, in labor force in Venezuela?
Account, in labor force in Venezuela was 88.8% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in Venezuela?
The highest recorded value was 90.3% in 2021.
What is the lowest account, in labor force recorded in Venezuela?
The lowest recorded value was 66.4% in 2011.
How does Venezuela rank for account, in labor force?
Venezuela ranks 48th out of 99 countries with data for 2024.
Is account, in labor force rising or falling in Venezuela?
Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from Global Findex database, published as part of Account, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, in labor force in Venezuela. Statizoid, drawing on Global Findex database. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/account-in-labor-force-percent-age-15/venezuela-rb/

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)