Labor Force Participation Rate for Guinea Bissau

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 62.52 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.054 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.054.
The 3 year change in percentage points is 0.202.
The 5 year change in percentage points is -0.036.
The 10 year change in percentage points is -0.526.

The Serie's long term average value is 63.28 percent. It's latest available value, on 12/31/2024, is 0.764 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2020, to it's latest available value, on 12/31/2024, is +0.559.
The Serie's change in percentage points from it's maximum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is -1.41.