Labor Force Participation Rate in Cape Verde decreased to 57.04 percent in 2020 from 60.38 percent in 2019. source: INE, Cape Verde

Labor Force Participation Rate in Cape Verde averaged 59.95 percent from 2011 until 2020, reaching an all time high of 63.70 percent in 2016 and a record low of 57.04 percent in 2020. This page provides - Cape Verde Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2021.

Labor Force Participation Rate in Cape Verde is expected to reach 62.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Labor Force Participation Rate is projected to trend around 62.00 percent in 2022, according to our econometric models.

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Cape Verde Labor Force Participation Rate


Related Last Previous Unit Reference
Unemployment Rate 14.50 11.30 percent Dec/20
Youth Unemployment Rate 28.37 28.01 percent Dec/20
Employment Rate 45.30 50.90 percent Dec/20
Employed Persons 186627.00 206344.00 Thousand Dec/20
Unemployed Persons 31724.00 26259.00 Thousand Dec/20
Labor Force Participation Rate 57.04 60.38 percent Dec/20