Labor Force Participation Rate for Lao PDR



Indicator Definition:
Labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.

The statistic "Labor Force Participation Rate" stands at 68.62 percent as of 12/31/2024, 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 0.179 percentage points compared to the value the year prior.
The 1 year change in percentage points is 0.179.
The 3 year change in percentage points is 1.96.
The 5 year change in percentage points is 4.12.
The 10 year change in percentage points is 6.00.

The Serie's long term average value is 64.48 percent. It's latest available value, on 12/31/2024, is 4.14 percentage points higher, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2017, to it's latest available value, on 12/31/2024, is +6.48.
The Serie's change in percentage points from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0.

Ajax-Loading