Labor Force Participation Rate in Dominican Republic increased to 62.80 percent in the second quarter of 2021 from 61.70 percent in the first quarter of 2021. source: Central Bank of Dominican Republic
Labor Force Participation Rate in Dominican Republic averaged 63.28 percent from 2000 until 2021, reaching an all time high of 66.40 percent in the third quarter of 2004 and a record low of 56.60 percent in the second quarter of 2020. This page provides - Dominican Republic Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2022.
Labor Force Participation Rate in Dominican Republic is expected to be 64.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Labor Force Participation Rate is projected to trend around 64.00 percent in 2022 and 65.00 percent in 2023, according to our econometric models.