Labor Force Participation Rate in Dominican Republic increased to 64.90 percent in the fourth quarter of 2023 from 64.10 percent in the third quarter of 2023. Labor Force Participation Rate in Dominican Republic averaged 63.33 percent from 2000 until 2023, 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. source: Central Bank of Dominican Republic



Related Last Previous Unit Reference
Employment Rate 61.70 60.70 percent Dec 2023
Labor Force Participation Rate 64.90 64.10 percent Dec 2023
Minimum Wages 14835.00 12900.00 DOP/Month Apr 2023
Population 10.62 10.54 Million Dec 2022
Unemployment Rate 5.00 5.40 percent Dec 2023

Dominican Republic Labor Force Participation Rate
The labour force participation rate 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
64.90 64.10 66.40 56.60 2000 - 2023 percent Quarterly