Labor Force Participation Rate in Namibia increased to 71.20 percent in 2018 from 69.40 percent in 2016.

Labor Force Participation Rate in Namibia averaged 69.26 percent from 2012 until 2018, reaching an all time high of 71.20 percent in 2018 and a record low of 66.30 percent in 2012. This page provides - Namibia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2020. source: Central Bureau of Statistics, Namibia

Labor Force Participation Rate in Namibia is expected to be 70.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Labor Force Participation Rate is projected to trend around 71.30 percent in 2020, according to our econometric models.

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Namibia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
71.20 69.40 71.20 66.30 2012 - 2018 percent Yearly

Namibia Labour Last Previous Highest Lowest Unit
Unemployment Rate 33.40 34.00 37.60 19.50 percent [+]
Population 2.46 2.41 2.46 0.60 Million [+]
Labor Force Participation Rate 71.20 69.40 71.20 66.30 percent [+]
Employed Persons 725742.00 676885.00 725742.00 657584.00 Thousand [+]
Unemployed Persons 364411.00 349383.00 364411.00 248944.00 Thousand [+]
Youth Unemployment Rate 46.10 43.40 46.10 37.80 percent [+]