Paraguay: Male labor force participation
* indicates monthly or quarterly data series
Paraguay |
Male labor force participation rate |
---|---|
Latest value | 82.39 |
Year | 2023 |
Measure | percent |
Data availability | 1991 - 2023 |
Average | 84.37 |
Min - Max | 81.06 - 86.50 |
Source | The World Bank |
The latest value from 2023 is 82.39 percent, an increase from 82.28 percent in 2022. In comparison, the world average is 70.48 percent, based on data from 178 countries. Historically, the average for Paraguay from 1991 to 2023 is 84.37 percent. The minimum value, 81.06 percent, was reached in 2015 while the maximum of 86.5 percent was recorded in 1995.
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The male labor force participation rate is the percent of the male population ages 15 and older who are economically active. That includes the employed people as well as the unemployed people.
Definition: Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Labor force | 3.47 | 2023 | million people |
Unemployment rate | 5.78 | 2023 | percent |
Female unemployment | 7.31 | 2023 | percent |
Male unemployment | 4.66 | 2023 | percent |
Youth unemployment | 13.03 | 2023 | percent |
Labor force participation | 70.89 | 2023 | percent |
Labor force: percent female | 42.17 | 2023 | percent |
Female labor force participation | 59.50 | 2023 | percent |
Male labor force participation | 82.39 | 2023 | percent |
Self-employment | 42.21 | 2022 | percent |
Informal employment | 68.90 | 2019 | percent |
Employment | 2.85 | Q2/2024 | million employed people |
Unemployment rate | 6.43 | Q2/2024 | percent |