Colombia Labor Force Participation Rate

Labor Force Participation Rate in Colombia increased to 65.10 percent in October from 64.40 percent in September of 2018. Labor Force Participation Rate in Colombia averaged 62.42 percent from 2001 until 2018, reaching an all time high of 66.90 percent in October of 2011 and a record low of 56.90 percent in January of 2007.

Labor Force Participation Rate in Colombia is expected to be 64.50 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 Colombia to stand at 64.46 in 12 months time. In the long-term, the Colombia Labor Force Participation Rate is projected to trend around 65.00 percent in 2020, according to our econometric models.

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Colombia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	9.10	9.50	17.87	7.30	percent	[+]
Unemployed Persons	2302.00	2378.34	3408.44	1791.64	Thousand	[+]
Population	49.29	48.75	49.29	16.01	Million	[+]
Labor Force Participation Rate	65.10	64.40	66.90	56.90	percent	[+]
Living Wage Family	1095100.00	1065500.00	1095100.00	1042100.00	COP/Month	[+]
Living Wage Individual	782100.00	746500.00	782100.00	730000.00	COP/Month	[+]
Wages High Skilled	2598000.00	2503700.00	2598000.00	2470000.00	COP/Month	[+]
Wages Low Skilled	899500.00	833200.00	899500.00	825400.00	COP/Month	[+]
Employed Persons	23098.00	22703.86	23098.00	15188.95	Thousand	[+]
Employment Rate	59.20	58.28	61.41	48.97	percent	[+]

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. This page provides - Colombia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	65.10	64.40	66.90	56.90	2001 - 2018	percent	Monthly	NSA

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Country	Last		Previous	Range
United Kingdom	79.00	Sep/18	78.8	79 : 74.1	%
France	72.30	Sep/18	72.2	72.3 : 69.5	%
Indonesia	69.20	Dec/18	69.02	69.21 : 57.14	%
Switzerland	68.40	Jun/18	68.4	68.8 : 66.8	%
Singapore	67.70	Dec/17	68	68.3 : 55.3	%
Italy	65.80	Oct/18	65.6	65.9 : 61.7	%
Australia	65.60	Oct/18	65.5	65.8 : 60.1	%
Canada	65.40	Nov/18	65.2	67.7 : 61.4	%
Netherlands	64.20	Jun/18	63.9	67.1 : 61.7	%
South Korea	63.40	Nov/18	63.4	63.9 : 48.5	%
United States	62.90	Nov/18	62.9	67.3 : 58.1	%
Russia	62.80	Oct/18	63.2	70.3 : 62.5	%
Japan	62.00	Oct/18	61.9	74 : 58.5	%
Brazil	61.70	Sep/18	61.6	61.9 : 60.9	%
Germany	60.90	Jun/18	61	61.7 : 56.9	%
Mexico	59.50	Sep/18	60	61.47 : 58.18	%
South Africa	59.50	Sep/18	59.1	60.8 : 53.6	%
Spain	58.73	Sep/18	58.8	60.55 : 48.88	%
Euro Area	57.20	Jun/18	57	57.3 : 55	%
Saudi Arabia	56.20	Jun/18	55.5	56.5 : 47.8	%
Turkey	53.50	Aug/18	53.2	53.5 : 43.9	%
India	52.50	Dec/13	50.9	52.9 : 50.9	%
Argentina	46.40	Jun/18	46.7	46.9 : 44.5	%