Labor Force Participation Rate in Angola increased to 88.40 percent in the fourth quarter of 2019 from 87.10 percent in the third quarter of 2019.

Labor Force Participation Rate in Angola averaged 87.25 percent from 2018 until 2019, reaching an all time high of 88.40 percent in the fourth quarter of 2019 and a record low of 86.50 percent in the fourth quarter of 2018. This page provides - Angola Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2020. source: Instituto Nacional de Estatística, Angola

Labor Force Participation Rate in Angola is expected to be 86.50 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 Angola to stand at 87.00 in 12 months time. In the long-term, the Angola Labor Force Participation Rate is projected to trend around 87.30 percent in 2021, according to our econometric models.

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Angola Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
88.40 87.10 88.40 86.50 2018 - 2019 percent Quarterly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 31.80 30.10 35.00 19.90 percent [+]
Minimum Wages 21454.10 21454.10 21454.10 3757.00 AOA/Month [+]
Population 31.70 30.81 31.70 5.45 Million [+]
Labor Force Participation Rate 88.40 87.10 88.40 86.50 percent [+]
Living Wage Family 149400.00 149400.00 149400.00 149400.00 AOA/Month [+]
Living Wage Individual 61900.00 61900.00 61900.00 61900.00 AOA/Month [+]
Employed Persons 9924.68 9931.55 9931.55 9073.32 Thousands [+]
Employment Rate 60.30 60.90 61.80 60.30 percent [+]
Unemployed Persons 4627.16 4271.11 4627.16 3675.82 Thousands [+]
Wages High Skilled 211500.00 209600.00 211500.00 179200.00 AOA/Month [+]
Wages Low Skilled 47400.00 58200.00 58200.00 47400.00 AOA/Month [+]
Youth Unemployment Rate 56.50 54.20 56.50 52.40 Percent [+]