Labor Force Participation Rate in Bolivia increased to 75.30 percent in the first quarter of 2021 from 73.70 percent in the first quarter of 2020. source: Instituto Nacional de Estadística de Bolivia

Labor Force Participation Rate in Bolivia averaged 67.55 percent from 1999 until 2021, reaching an all time high of 75.30 percent in the first quarter of 2021 and a record low of 61.10 percent in the fourth quarter of 2012. This page provides - Bolivia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2021.

Labor Force Participation Rate in Bolivia is expected to be 74.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Labor Force Participation Rate is projected to trend around 73.00 percent in 2022, according to our econometric models.

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Bolivia Labor Force Participation Rate


Bolivia Last Unit Reference Previous Highest Lowest
Unemployment Rate 5.60 percent Dec/20 3.60 6.00 2.10
Minimum Wages 2164.00 BOB/Month Dec/21 2122.00 2164.00 400.00
Population 11.68 Million Dec/20 11.51 11.68 3.35
Unemployed Persons 352771.00 Number of persons Jun/21 400193.00 400193.00 116111.00
Labor Force Participation Rate 76.10 percent Jun/21 75.30 76.10 61.10
Employment Rate 72.00 percent Jun/21 70.60 72.00 59.40
Employed Persons 6145039.00 Number of persons Jun/21 5996501.00 6145039.00 3637048.00