Labor Force Participation Rate in Namibia increased to 71.20 percent in 2018 from 69.40 percent in 2016. source: Central Bureau of Statistics, Namibia

Labor Force Participation Rate in Namibia averaged 69.26 percent from 2012 until 2018, reaching an all time high of 71.20 percent in 2018 and a record low of 66.30 percent in 2012. This page provides - Namibia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Labor Force Participation Rate - values, historical data and charts - was last updated on March of 2023.

Labor Force Participation Rate in Namibia is expected to reach 71.50 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Labor Force Participation Rate is projected to trend around 71.30 percent in 2023, according to our econometric models.

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Namibia Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 21.70 21.40 percent Dec 2021
Youth Unemployment Rate 46.10 43.40 percent Dec 2018
Unemployed Persons 364411.00 349383.00 Thousand Dec 2018
Labor Force Participation Rate 71.20 69.40 percent Dec 2018
Employed Persons 725742.00 676885.00 Thousand Dec 2018