The Labor force participation rate of Turkey attained a value of 59.08 % in 2021
The indicator recorded a historical change (bps difference) of 98 bps between 2018 to 2021, and is expected to grow by...
GlobalData projects the figure to change by 83 bps between 2022 and 2026, reaching...
Labor Force Participation
The Labor force participation rate is defined as the ratio of the total labor force of working age that are either employed or seeking employment, to the overall size of the total population in the same age group. The labor force or workforce of a country comprises the number of people of working age who are either employed or seeking employment. Typically, this would include everyone of working age `to work. People excluded are those falling outside the working-age group (such as students and retired persons), as well as people of working age who, either voluntarily or due to other constraints, are not seeking employment in the period under consideration (such as stay-at-home parents and people in prisons or similar institutions).
The Female labor force participation rate is defined as the ratio of a female labor force of working age that are either employed or seeking employment, to the overall size of the total female population in the same age group. The Male labor force participation rate is defined as the ratio of a male labor force of working age that is either employed or seeking employment, to the overall size of the total male population in the same age group.
Labor Force Participation Rate of Turkey
The labor force participation rate of Turkey was 59.0% in 2021. The rate was highest in 2021 at 59.0% and lowest in 2020 at 57.6%, between 2018 and 2021.
Labor Force: Global Scenario
According to GlobalData, Qatar had the highest labor force participation rate in the world in 2021 at 88.6%, followed by Madagascar (87.3%), Nepal (86.3%), Solomon Islands (85.3%), Iceland (85.1%), Cambodia (84.8%), Tanzania (84.5%) and Rwanda (84.2%).
The country with the lowest labor force participation rate was Yemen at 39.0%, followed by Jordan (43.2%), Algeria (43.6%), Tajikistan (43.7%), Comoros (44.0%), Iraq (44.2%), Samoa (46.6%), Iran (46.7%) and Egypt (46.9%).
Factors that Impact Labor Force Participation Rate
Some of the major factors impacting the labor force participation rate in the country include birth rate, disability, education, marital status, economy, demographic, and social factors.
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