Labor Force Participation Rate in Colombia increased to 63.80 percent in December from 63.40 percent in November of 2022. source: Dane, Colombia

Labor Force Participation Rate in Colombia averaged 62.30 percent from 2001 until 2023, 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 March of 2023.

Labor Force Participation Rate in Colombia is expected to be 63.50 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 64.00 percent in 2024, according to our econometric models.

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Colombia Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 13.70 10.30 percent Jan 2023
Unemployed Persons 3413.00 2572.33 Thousand Jan 2023
Employment Rate 54.70 57.25 percent Jan 2023
Labor Force Participation Rate 63.40 63.80 percent Jan 2023

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
63.40 63.80 66.89 51.84 2001 - 2023 percent Monthly