Labor Force Participation Rate in Angola increased to 89.20 percent in the first quarter of 2020 from 88.40 percent in the fourth quarter of 2019.

Labor Force Participation Rate in Angola averaged 87.64 percent from 2018 until 2020, reaching an all time high of 89.20 percent in the first quarter of 2020 and a record low of 86.50 percent in the fourth quarter of 2018. This page provides - Angola Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Labor Force Participation Rate - values, historical data and charts - was last updated on August of 2020. source: Instituto Nacional de Estatística, Angola

Labor Force Participation Rate in Angola is expected to be 89.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Angola to stand at 91.00 in 12 months time. In the long-term, the Angola Labor Force Participation Rate is projected to trend around 91.00 percent in 2021 and 92.30 percent in 2022, according to our econometric models.

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Angola Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
89.20 88.40 89.20 86.50 2018 - 2020 percent Quarterly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.00 31.80 35.00 19.90 percent [+]
Minimum Wages 21454.10 21454.10 21454.10 3757.00 AOA/Month [+]
Population 31.70 30.81 31.70 5.45 Million [+]
Unemployed Persons 4735.50 4627.16 4735.50 3675.82 Thousands [+]
Youth Unemployment Rate 57.80 56.50 57.80 52.40 Percent [+]
Labor Force Participation Rate 89.20 88.40 89.20 86.50 percent [+]
Employed Persons 10083.99 9924.68 10083.99 9073.32 Thousands [+]
Employment Rate 60.70 60.30 61.80 60.30 percent [+]