Labor force participation rate, aged 15-24 in Venezuela

Venezuela: Labor force participation rate, aged 15-24 was 0.5% in 2006. ▲ Rising

Latest (2006)
0.5%
Change on year
down 2.7%
World rank
35th
of 108 countries
All-time high
0.5%
in 2002
All-time low
0.4%
in 1989
Years of data
10
1989–2006

Labor force participation rate, aged 15-24 in Venezuela, 1989–2006

00.20.40.61989199720061989: 0.424 % of labor force aged 15-241992: 0.432 % of labor force aged 15-241995: 0.469 % of labor force aged 15-241998: 0.515 % of labor force aged 15-242000: 0.491 % of labor force aged 15-242001: 0.523 % of labor force aged 15-242002: 0.548 % of labor force aged 15-242004: 0.513 % of labor force aged 15-242005: 0.478 % of labor force aged 15-242006: 0.465 % of labor force aged 15-24

Source: World Bank. Measured in % of labor force aged 15-24.

Analysis

Venezuela recorded 0.5% for labor force participation rate, aged 15-24 in 2006.

Compared with earlier readings it is down 2.7% on the previous year and down 1.0% over ten years.

Over the whole period, labor force participation rate, aged 15-24 in Venezuela peaked at 0.5% in 2002 and was at its lowest, 0.4%, in 1989.

Venezuela ranks 35th of 108 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 10 years of available data.

Labor force participation rate, aged 15-24 in Venezuela, year by year

Annual values for Labor force participation rate, aged 15-24 (% of labor force aged 15-24) in Venezuela, 1989 to 2006.
Year % of labor force aged 15-24 Change
1989 0.4%
1992 0.4% +1.9%
1995 0.5% +8.6%
1998 0.5% +9.7%
2000 0.5% -4.5%
2001 0.5% +6.4%
2002 0.5% +4.8%
2004 0.5% -6.4%
2005 0.5% -6.9%
2006 0.5% -2.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.4% 0.4% 0.4% 1
1990s 0.5% 0.4% 0.5% 3
2000s 0.5% 0.5% 0.5% 6

Countries ranked near Venezuela

  1. 32 Indonesia 0.5% compare
  2. 33 Ecuador 0.5% compare
  3. 34 Guinea 0.5% compare
  4. 36 Bolivia 0.5% compare
  5. 37 El Salvador 0.4% compare
  6. 38 Uruguay 0.4% compare

See the full ranking of 108 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is labor force participation rate, aged 15-24 in Venezuela?
Labor force participation rate, aged 15-24 in Venezuela was 0.5% in 2006, according to the World Bank.
What is the highest labor force participation rate, aged 15-24 recorded in Venezuela?
The highest recorded value was 0.5% in 2002.
What is the lowest labor force participation rate, aged 15-24 recorded in Venezuela?
The lowest recorded value was 0.4% in 1989.
How does Venezuela rank for labor force participation rate, aged 15-24?
Venezuela ranks 35th out of 108 countries with data for 2006.
Is labor force participation rate, aged 15-24 rising or falling in Venezuela?
Over the last ten years it is down 1.0%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from the World Bank, published as part of Labor force participation rate, aged 15-24 (% of labor force aged 15-24). Statizoid updates them automatically from the source API.

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Labor force participation rate, aged 15-24 in Venezuela. Statizoid. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/labor-force-participation-rate-aged-15-24-percent-of-labor-force-aged-15-24/venezuela-rb/

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About this data

Indicator
Labor force participation rate, aged 15-24 (% of labor force aged 15-24)
Unit
% of labor force aged 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
108 places, 1,528 data points, 1970–2021
Last refreshed