Serbia: Labor force participation rate: For that indicator, The World Bank provides data for Serbia from 1990 to 2017. The average value for Serbia during that period was 54.83 percent with a minumum of 50.86 percent in 2011 and a maximum of 57.68 percent in 1991. See the global rankings for that indicator or use the country comparator to compare trends over time.
The labor force participation rate is the percent of the population ages 15 and older that is economically active. That includes the employed and the unemployed individuals.
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.