Labor Force Participation Rate in Germany increased to 62 percent in the third quarter of 2019 from 61.60 percent in the second quarter of 2019. Germany Labor Force Participation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Labor Force Participation Rate in Germany averaged 59.76 percent from 1998 until 2019, reaching an all time high of 62 percent in the third quarter of 2019 and a record low of 56.90 percent in the second quarter of 2004. This page provides - Germany Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Eurostat
Labor Force Participation Rate in Germany is expected to be 63.20 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 Germany to stand at 63.60 in 12 months time. In the long-term, the Germany Labor Force Participation Rate is projected to trend around 63.60 percent in 2021 and 64.00 percent in 2022, according to our econometric models.