Labor Force Participation Rate in Angola increased to 90.50 percent in the fourth quarter of 2020 from 90.40 percent in the third quarter of 2020. source: Instituto Nacional de Estatística, Angola

Labor Force Participation Rate in Angola averaged 88.33 percent from 2018 until 2020, reaching an all time high of 90.50 percent in the fourth quarter of 2020 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 March of 2021.

Labor Force Participation Rate in Angola is expected to be 90.70 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 91.00 in 12 months time. In the long-term, the Angola Labor Force Participation Rate is projected to trend around 92.30 percent in 2022, according to our econometric models.

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Angola Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
90.50 90.40 90.50 86.50 2018 - 2020 percent Quarterly

Angola Labour Last Previous Highest Lowest Unit
Unemployment Rate 30.60 34.00 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 [+]
Unemployed Persons 4747.60 5208.60 5208.60 3675.82 Thousands [+]
Youth Unemployment Rate 56.40 50.80 57.80 50.80 Percent [+]
Labor Force Participation Rate 90.50 90.40 90.50 86.50 percent [+]
Employed Persons 10749.50 10112.90 10749.50 9073.32 Thousands [+]
Employment Rate 62.80 59.70 62.80 58.90 percent [+]