Labor Force Participation Rate in Colombia decreased to 63.50 percent in July from 63.70 percent in June of 2022. source: Dane, Colombia

Labor Force Participation Rate in Colombia averaged 62.26 percent from 2001 until 2022, reaching an all time high of 66.89 percent in October of 2015 and a record low of 51.84 percent in April of 2020. This page provides - Colombia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2022.

Labor Force Participation Rate in Colombia is expected to be 64.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Labor Force Participation Rate is projected to trend around 63.00 percent in 2023, according to our econometric models.

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Colombia Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 11.00 11.26 percent Jul 2022
Unemployed Persons 2722.82 2794.73 Thousand Jul 2022
Labor Force Participation Rate 63.50 63.70 percent Jul 2022
Employment Rate 56.53 56.50 percent Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
63.50 63.70 66.89 51.84 2001 - 2022 percent Monthly