Labor Force Participation Rate in Germany increased to 79.50 percent in the fourth quarter of 2021 from 79.20 percent in the third quarter of 2021. source: EUROSTAT
Labor Force Participation Rate in Germany averaged 76.54 percent from 1998 until 2021, reaching an all time high of 79.50 percent in the third quarter of 2019 and a record low of 70.70 percent in the second quarter of 1998. This page provides - Germany Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2022.
Labor Force Participation Rate in Germany is expected to be 78.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Labor Force Participation Rate is projected to trend around 79.20 percent in 2023 and 79.50 percent in 2024, according to our econometric models.