Venezuela: Self-employment

* indicates monthly or quarterly data series
 Venezuela

Self-employment, percent of total employment

 Latest value 40.15
 Year 2022
 Measure percent
 Data availability 1991 - 2022
 Average 37.69
 Min - Max 34.04 - 41.97
 Source The World Bank
The latest value from 2022 is 40.15 percent, a decline from 40.41 percent in 2021. In comparison, the world average is 40.56 percent, based on data from 179 countries. Historically, the average for Venezuela from 1991 to 2022 is 37.69 percent. The minimum value, 34.04 percent, was reached in 2007 while the maximum of 41.97 percent was recorded in 2000. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Venezuela - Self-employment - Recent values chart

Historical series
Venezuela - Self-employment - historical chart - 1991-2022




Definition: Self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs." i.e. jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers include four sub-categories of employers, own-account workers, members of producers' cooperatives, and contributing family workers.

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 Related indicators Latest Reference Measure
 Labor force 11.42 2023 million people
 Unemployment rate 5.53 2023 percent
 Female unemployment 6.03 2023 percent
 Male unemployment 5.24 2023 percent
 Youth unemployment 10.77 2023 percent
 Labor force participation 54.66 2023 percent
 Labor force: percent female 36.85 2023 percent
 Female labor force participation 39.30 2023 percent
 Male labor force participation 70.81 2023 percent
 Self-employment 40.15 2022 percent
 Employment 15.01 12/2018 million employed people
 Unemployment rate 6.40 12/2018 percent
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