Labor Force Participation Rate in Colombia increased to 64.10 percent in October from 62.80 percent in September of 2019.
Labor Force Participation Rate in Colombia averaged 62.47 percent from 2001 until 2019, reaching an all time high of 66.90 percent in October of 2011 and a record low of 56.90 percent in January of 2007. This page provides - Colombia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Dane, Colombia
Labor Force Participation Rate in Colombia is expected to be 64.60 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 Colombia to stand at 64.60 in 12 months time. In the long-term, the Colombia Labor Force Participation Rate is projected to trend around 65.50 percent in 2020, according to our econometric models.