Labor Force Participation Rate in Spain decreased to 58.35 percent in the first quarter of 2019 from 58.61 percent in the fourth quarter of 2018. Labor Force Participation Rate in Spain averaged 54.07 percent from 1976 until 2019, reaching an all time high of 60.55 percent in the third quarter of 2012 and a record low of 48.88 percent in the second quarter of 1985.
Labor Force Participation Rate in Spain is expected to be 61.50 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 Spain to stand at 62.00 in 12 months time. In the long-term, the Spain Economic Activity Rate is projected to trend around 63.00 percent in 2020, according to our econometric models.