Labor Force Participation Rate in Angola decreased to 86.60 percent in the third quarter of 2019 from 87 percent in the second quarter of 2019. Labor Force Participation Rate in Angola averaged 86.70 percent from 2018 until 2019, reaching an all time high of 87 percent in the second quarter of 2019 and a record low of 86.50 percent in the fourth quarter of 2018. source: Instituto Nacional de Estatística, Angola

Labor Force Participation Rate in Angola is expected to be 86.00 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 86.70 in 12 months time. In the long-term, the Angola Labor Force Participation Rate is projected to trend around 87.30 percent in 2020, according to our econometric models.

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Angola Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
86.60 87.00 87.00 86.50 2018 - 2019 percent Quarterly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 30.70 29.00 35.00 19.90 percent [+]
Minimum Wages 21454.10 16503.30 21454.10 3757.00 AOA/Month [+]
Population 30.81 29.82 30.81 5.45 Million [+]
Unemployed Persons 4150.68 3938.01 4150.68 3675.82 Thousands [+]
Wages High Skilled 211500.00 209600.00 211500.00 179200.00 AOA/Month [+]
Wages Low Skilled 47400.00 58200.00 58200.00 47400.00 AOA/Month [+]
Youth Unemployment Rate 56.10 53.80 56.10 52.40 Percent [+]
Labor Force Participation Rate 86.60 87.00 87.00 86.50 percent [+]
Living Wage Family 149400.00 149400.00 149400.00 149400.00 AOA/Month [+]
Living Wage Individual 61900.00 61900.00 61900.00 61900.00 AOA/Month [+]
Employed Persons 9352.10 9646.41 9646.41 9073.32 Thousands [+]
Employment Rate 60.00 61.80 61.80 60.00 percent [+]