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.

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Colombia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
64.10 62.80 66.90 56.90 2001 - 2019 percent Monthly

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.

Colombia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.30 9.80 17.87 7.30 percent [+]
Unemployed Persons 2331.82 2490.28 3408.44 1791.64 Thousand [+]
Population 49.83 49.29 49.83 16.01 Million [+]
Labor Force Participation Rate 64.10 62.80 66.90 56.90 percent [+]
Living Wage Family 1095100.00 1065500.00 1095100.00 1042100.00 COP/Month [+]
Living Wage Individual 782100.00 746500.00 782100.00 730000.00 COP/Month [+]
Wages High Skilled 2598000.00 2503700.00 2598000.00 2470000.00 COP/Month [+]
Wages Low Skilled 899500.00 833200.00 899500.00 825400.00 COP/Month [+]
Employed Persons 22874.45 22813.25 23098.02 15188.95 Thousand [+]
Employment Rate 57.85 57.75 61.41 48.97 percent [+]