Labor Force Participation Rate for Azerbaijan

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 69.94 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.231 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.231.
The 3 year change in percentage points is 1.99.
The 5 year change in percentage points is -0.873.
The 10 year change in percentage points is 2.46.

The Serie's long term average value is 73.47 percent. It's latest available value, on 12/31/2024, is 3.53 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2010, to it's latest available value, on 12/31/2024, is +4.64.
The Serie's change in percentage points from it's maximum value, on 12/31/1996, to it's latest available value, on 12/31/2024, is -14.13.