Labor Force Participation Rate for Libya

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 51.61 percent as of 12/31/2024, the lowest value since 12/31/2011.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.246 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.246.
The 3 year change in percentage points is -0.621.
The 5 year change in percentage points is -0.936.
The 10 year change in percentage points is -0.975.

The Serie's long term average value is 50.21 percent. It's latest available value, on 12/31/2024, is 1.40 percentage points higher, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +4.33.
The Serie's change in percentage points from it's maximum value, on 12/31/2016, to it's latest available value, on 12/31/2024, is -1.06.