Labor Force Participation Rate in Bolivia increased to 73.70 percent in the first quarter of 2020 from 73.10 percent in the fourth quarter of 2019.

Labor Force Participation Rate in Bolivia averaged 67.31 percent from 1999 until 2020, reaching an all time high of 73.70 percent in the first quarter of 2020 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 2020.

Labor Force Participation Rate in Bolivia is expected to be 75.30 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 Bolivia to stand at 74.60 in 12 months time. In the long-term, the Bolivia Labor Force Participation Rate is projected to trend around 73.90 percent in 2021 and 73.00 percent in 2022, according to our econometric models.

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Bolivia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
73.70 73.10 73.70 61.10 1999 - 2020 percent Quarterly

Bolivia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.00 6.00 2.10 percent [+]
Minimum Wages 2122.00 2060.00 2122.00 400.00 BOB/Month [+]
Population 11.47 11.31 11.47 3.35 Million [+]
Unemployed Persons 255576.00 214770.00 255592.00 116111.00 Number of persons [+]
Labor Force Participation Rate 73.70 73.10 73.70 61.10 percent [+]
Employed Persons 5744465.00 5773042.00 5773042.00 3637048.00 Number of persons [+]
Employment Rate 70.60 70.40 71.10 59.40 percent [+]