Labor Force Participation Rate in Belgium decreased to 68.60 percent in the first quarter of 2020 from 68.90 percent in the fourth quarter of 2019.

Labor Force Participation Rate in Belgium averaged 66.77 percent from 1999 until 2020, reaching an all time high of 69.60 percent in the third quarter of 2019 and a record low of 63.60 percent in the second quarter of 2001. This page provides the latest reported value for - Belgium Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2020.

Labor Force Participation Rate in Belgium is expected to be 68.07 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 Belgium to stand at 68.29 in 12 months time. In the long-term, the Belgium Labor Force Participation Rate is projected to trend around 68.24 percent in 2021 and 68.22 percent in 2022, according to our econometric models.

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Belgium Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
68.60 68.90 69.60 63.60 1999 - 2020 percent Quarterly

Belgium Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.50 11.00 5.00 percent [+]
Employed Persons 4122.40 4172.20 4177.90 3010.70 Thousand [+]
Unemployed Persons 301449.00 324022.00 533460.00 281099.00 [+]
Labor Force Participation Rate 68.60 68.90 69.60 63.60 percent [+]
Long Term Unemployment Rate 2.30 2.20 5.70 2.20 percent [+]
Youth Unemployment Rate 13.00 13.00 26.10 11.90 percent [+]
Labour Costs 111.70 107.80 111.70 75.60 points [+]
Job Vacancies 129170.00 139420.00 149180.00 70256.00 [+]
Minimum Wages 1625.72 1593.81 1625.72 1074.44 EUR/Month [+]
Wage Growth 0.40 3.40 6.80 -6.50 percent [+]
Population 11.46 11.40 11.46 9.13 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Full Time Employment 3562.40 3578.50 3606.20 2643.50 Thousand [+]
Part Time Employment 1203.30 1201.20 1203.30 602.20 Thousand [+]
Wages 3558.00 3489.00 3558.00 2238.00 EUR/Month [+]
Wages In Manufacturing 102.90 129.20 129.20 72.50 points [+]
Employment Change -0.93 -0.24 1.80 -0.93 percent [+]
Employment Rate 65.10 65.30 65.80 55.70 percent [+]


Belgium Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.