Labor Force Participation Rate in Saudi Arabia increased to 61 percent in the fourth quarter of 2020 from 59.50 percent in the third quarter of 2020. source: Central Department of Statistics and Information

Labor Force Participation Rate in Saudi Arabia averaged 53.83 percent from 1999 until 2020, reaching an all time high of 61 percent in the fourth quarter of 2020 and a record low of 47.80 percent in the second quarter of 2002. This page provides - Saudi Arabia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2021.

Labor Force Participation Rate in Saudi Arabia is expected to be 60.00 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 Saudi Arabia to stand at 60.00 in 12 months time. In the long-term, the Saudi Arabia Labor Force Participation Rate is projected to trend around 61.00 percent in 2022, according to our econometric models.

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Saudi Arabia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.00 59.50 61.00 47.80 1999 - 2020 percent Quarterly

Saudi Arabia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 8.50 9.00 4.35 percent [+]
Unemployed Persons 1002855.00 945323.00 1002855.00 437648.00 [+]
Population 34.22 33.41 34.22 4.04 Million [+]
Employed Persons 13391.00 10085.90 13391.00 6167.00 Thousand [+]
Labor Force Participation Rate 61.00 59.50 61.00 47.80 percent [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 60.00 60.00 60.00 55.00 [+]