Labor Force Participation Rate in Colombia increased to 61.93 percent in October from 61.10 percent in September of 2021. source: Dane, Colombia

Labor Force Participation Rate in Colombia averaged 62.24 percent from 2001 until 2021, reaching an all time high of 66.89 percent in October of 2015 and a record low of 51.84 percent in April of 2020. This page provides - Colombia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2021.

Labor Force Participation Rate in Colombia is expected to be 61.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Labor Force Participation Rate is projected to trend around 62.00 percent in 2022 and 63.00 percent in 2023, according to our econometric models.

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Colombia Labor Force Participation Rate


Related Last Previous Unit Reference
Unemployment Rate 11.80 12.10 percent Oct/21
Unemployed Persons 2957.00 2992.92 Thousand Oct/21
Labor Force Participation Rate 61.93 61.10 percent Oct/21
Employment Rate 54.60 53.70 percent Oct/21
Colombia Labor Force Participation Rate
The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.