Work & Labour in Venezuela 272 indicators covering work & labour for Venezuela. IndicatorLatest Year10-yr change Rank SDG indicator 8.2.1: Annual growth rate of output per worker, GDP 1.31 2027 up 109.6% 132nd Persons outside the labour force (ILO modelled estimates) (15+), per 0.0115 units per square kilometre 2023 up 27.9% 130th Labour force (ILO modelled estimates) (15+), per square kilometre 0.0122 units per square kilometre 2023 down 19.4% 147th CPI: National consumer price index, base year 2017 = 100 5,184 2016 up 2,640.3% 5th Employment in agriculture vs. urban population 10.6% 2023 up 42.8% 109th CPI: National consumer price index, percentage change from previous 254.95 2016 up 877.2% 1st Female labor force participation rates slopes, gaps filled 47.25 2020 down 4.5% 135th Fertility and female labor force participation, gaps filled 47.25 2020 down 4.5% 135th Female labor force participation rates latest vs 1980, gaps filled 47.25 2020 down 4.5% 135th Employment (ILO modelled estimates) (15+), per square kilometre 0.0115 units per square kilometre 2023 down 17.6% 146th Employment (ILO modelled estimates), per square kilometre 0.0115 units per square kilometre 2023 down 17.6% 146th Employment in agri vs urban pop, annual growth rate -2.29 % change on previous year 2023 up 40.4% 140th Labour force participation rate (previous ILO definition - ICLS13) 59.88 2020 down 6.2% 128th Unemployment, total (% of total labor force) 7.5% 2020 up 5.8% 60th Unemployment, male (% of male labor force) 7.3% 2020 up 0.9% 50th Unemployment, female (% of female labor force) 7.9% 2020 up 13.7% 65th SDG indicator 10.4.1: Labour income share as a percent of GDP 9.7 2026 down 68.3% 188th Labour income share as a percent of GDP 9.7 2026 down 68.3% 188th LU2: Combined rate of time-related underemployment and unemployment 12.02 2027 up 1.4% 78th LU2: Combined rate of time-related underemployment and unemployment 12.02 2027 up 1.4% 78th Total weekly hours worked of employed persons 407,957 2027 down 15.9% 56th Ratio of total weekly hours worked to population aged 15-64 21.64 2027 down 11.1% 149th Average weekly hours actually worked per employed person 38.21 2027 down 1.1% 105th Time-related underemployment rate (ILO modelled estimates) 6.67 2027 down 7.0% 68th Time-related underemployment (ILO modelled estimates) 712.03 2027 down 20.9% 44th Full-time equivalent employment (ILO modelled estimates) 10,199 2027 down 15.9% 56th NEET rate: Share of youth not in employment, education or training 23.99 2027 up 5.0% 62nd NEET: Youth not in employment, education or training 1,269 2027 up 4.8% 45th Labor force participation rate, male (% of male population ages 15+) 72.7% 2020 down 7.2% 78th Labor force participation rate, female (% of female population ages) 47.2% 2020 down 4.5% 135th Labor force participation rate, total (% of total population ages 15+) 59.9% 2020 down 6.2% 123rd Female labor force participation rate: 1980 vs. 2024 47.2% 2020 down 4.5% 135th Fertility rate versus female labor force participation rate 47.2% 2020 down 4.5% 135th Female labor force participation rate 47.2% 2020 down 4.5% 135th Ratio of female to male labor force participation rate (%) 65.0% 2020 up 2.9% 150th Labor force participation rate for ages 15-24, male (%) 45.6% 2020 down 16.1% 86th Labor force participation rate for ages 15-24, female (%) 28.6% 2020 up 0.5% 115th Labor force participation rate for ages 15-24, total (%) 37.2% 2020 down 10.6% 99th Total weekly hours worked of employed persons (ILO modelled) 0.9637 % change on previous year 2027 up 134.3% 106th NEET: Youth not in employment, education or training (ILO modelled) 1.52 % change on previous year 2027 down 85.0% 98th Time-related underemployment (ILO modelled estimates) (15+), annual 1.02 % change on previous year 2027 up 129.0% 103rd SDG indicator 8.5.2: Unemployment rate (previous ILO definition) 7.53 2020 up 5.8% 50th Urban population vs. female labor force participation rate 89.3% 2025 up 0.4% 41st Monthly minimum wage 130 2024 down 95.6% 166th Monthly minimum wage 130 2024 down 95.6% 168th Unemployment, youth male (% of male labor force ages 15-24) 11.7% 2020 down 11.4% 86th Unemployment, youth female (% of female labor force ages 15-24) 16.8% 2020 up 3.8% 71st Unemployment, youth total (% of total labor force ages 15-24) 13.6% 2020 down 4.0% 82nd Labour income distribution (ILO modelled estimates) 0.524 2025 down 75.0% 141st Labour income distribution (ILO modelled estimates) (Decile 1), per 0 units per US$ of GDP 2025 down 68.6% 123rd SDG indicator 8.6.1: Proportion of youth aged 15 to 24 years not in 37.13 2020 up 97.5% 3rd Labor force participation rate for women ages 15-24, 1980 vs. 2023 28.6% 2020 up 0.5% 115th Female employment rate, 1980 vs. 2024 43.5% 2020 down 5.5% 123rd Female employment rate 43.5% 2020 down 5.5% 123rd Labour income distribution (ILO modelled estimates) (Decile 1) -0.5693 % change on previous year 2025 down 109.9% 180th Share of youth not in education, employment or training, total (% of) 23.8% 2025 up 17.7% 63rd Share of youth not in education, employment or training, male (% of) 16.1% 2025 up 20.5% 76th Share of youth not in education, employment or training, female (% of) 32.0% 2025 up 16.7% 47th Total weekly hours worked of employed persons (ILO modelled) 0.0141 units per person 2025 down 13.3% 133rd Time-related underemployment (ILO modelled estimates) (15+), per 0 units per person 2025 down 19.4% 66th ← Previous Page 2 of 5 Next →