Labor Force Participation Rate in Georgia decreased to 50.48 percent in 2020 from 51.79 percent in 2019. source: National Statistics Office of Georgia

Labor Force Participation Rate in Georgia averaged 58.55 percent from 1998 until 2020, reaching an all time high of 66.23 percent in 2001 and a record low of 50.48 percent in 2020. This page provides the latest reported value for - Georgia Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Labor Force Participation Rate - values, historical data and charts - was last updated on January of 2022.

Labor Force Participation Rate in Georgia is expected to reach 65.90 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Labor Force Participation Rate is projected to trend around 65.90 percent in 2022, according to our econometric models.

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Georgia Labor Force Participation Rate

Georgia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.
Actual Previous Highest Lowest Dates Unit Frequency
50.48 51.79 66.23 50.48 1998 - 2020 percent Yearly

Related Last Previous Unit Reference
Unemployment Rate 18.50 17.60 percent Dec/20
Employed Persons 1214.60 1129.70 Thousand Jun/21
Unemployed Persons 281.90 276.90 Thousand Dec/20
Labor Force Participation Rate 50.48 51.79 percent Dec/20
Wages 1368.52 1328.00 GEL/Month Sep/21
Population 3.73 3.72 Million Dec/20
Wages In Manufacturing 1348.86 1295.76 GEL Sep/21
Youth Unemployment Rate 39.40 27.80 percent Dec/20