Labor Force Participation Rate in Romania decreased to 55.20 percent in the fourth quarter of 2020 from 55.50 percent in the third quarter of 2020. source: Institutul National de Statistica
Labor Force Participation Rate in Romania averaged 56.90 percent from 1996 until 2020, reaching an all time high of 67.80 percent in the third quarter of 1996 and a record low of 52.70 percent in the first quarter of 2016. This page provides - Romania Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2021.
Labor Force Participation Rate in Romania is expected to be 55.35 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 Romania to stand at 53.57 in 12 months time. In the long-term, the Romania Labor Force Participation Rate is projected to trend around 53.57 percent in 2022 and 53.60 percent in 2023, according to our econometric models.