Labor Force Participation Rate in Dominican Republic decreased to 56.70 percent in the second quarter of 2020 from 63.40 percent in the first quarter of 2020. source: Central Bank of Dominican Republic

Labor Force Participation Rate in Dominican Republic averaged 63.42 percent from 2000 until 2020, reaching an all time high of 66.40 percent in the third quarter of 2004 and a record low of 56.70 percent in the second quarter of 2020. This page provides - Dominican Republic Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2020.

Labor Force Participation Rate in Dominican Republic is expected to be 62.00 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 Dominican Republic to stand at 63.60 in 12 months time. In the long-term, the Dominican Republic Labor Force Participation Rate is projected to trend around 64.00 percent in 2021 and 65.00 percent in 2022, according to our econometric models.

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Dominican Republic Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
56.70 63.40 66.40 56.70 2000 - 2020 percent Quarterly

Dominican Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 5.70 19.70 3.20 percent [+]
Population 10.36 10.27 10.36 3.31 Million [+]
Labor Force Participation Rate 56.70 63.40 66.40 56.70 percent [+]
Employment Rate 54.90 59.80 61.50 45.00 percent [+]


Dominican Republic 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.