Labor Force Participation Rate in Spain decreased to 57.69 percent in the first quarter of 2021 from 58.19 percent in the fourth quarter of 2020. source: National Statistics Institute (INE)
Labor Force Participation Rate in Spain averaged 54.24 percent from 1976 until 2021, reaching an all time high of 60.55 percent in the third quarter of 2012 and a record low of 48.88 percent in the second quarter of 1985. This page provides - Spain Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Economic Activity Rate - values, historical data and charts - was last updated on June of 2021.
Labor Force Participation Rate in Spain is expected to be 57.20 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 Spain to stand at 57.90 in 12 months time. In the long-term, the Spain Economic Activity Rate is projected to trend around 58.50 percent in 2022 and 58.80 percent in 2023, according to our econometric models.