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Armed Forces Percent Of Labor Force for Venezuela, RB

Indicator Definition:
Armed forces personnel are active duty military personnel, including paramilitary forces if the training, organization, equipment, and control suggest they may be used to support or replace regular military forces. Labor force comprises all people who meet the International Labour Organization's definition of the economically active population.

The statistic "Armed Forces Percent Of Labor Force" stands at 3.22 percent as of 12/31/2020, the highest value at least since 12/31/1991, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.2337 percentage points compared to the value the year prior.
The 1 year change in percentage points is 0.2337.
The 3 year change in percentage points is 0.625.
The 5 year change in percentage points is 1.26.
The 10 year change in percentage points is 2.32.

The Serie's long term average value is 1.25 percent. It's latest available value, on 12/31/2020, is 1.97 percentage points higher, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2005, to it's latest available value, on 12/31/2020, is +2.52.
The Serie's change in percentage points from it's maximum value, on 12/31/2020, to it's latest available value, on 12/31/2020, is 0.0.

Display Metadata Information

Measure	Realization
Indicator Name:	Armed forces personnel (% of total labor force)
Indicator Source:	International Institute for Strategic Studies, The Military Balance \| macro-rankings.com
Indicator Description:	Armed forces personnel are active duty military personnel, including paramilitary forces if the training, organization, equipment, and control suggest they may be used to support or replace regular military forces. Labor force comprises all people who meet the International Labour Organization's definition of the economically active population.
Observations earliest Date:	12/31/1990
Observations latest Date:	12/31/2020