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Home » Central and South America » What is the unemployment rate in Bolivia?

What is the unemployment rate in Bolivia?

December 14, 2021 by Sadie Daniel

approximately 5.61 percent.
This statistic shows the unemployment rate in Bolivia in 1999 to 2020. In 2020, the unemployment rate in Bolivia was at approximately 5.61 percent.
Bolivia: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2019 3.46%
2018 3.52%
2017 3.66%
2016 3.5%

Contents

How many people are unemployed in Bolivia?

352771.00

Related Last Unit
Unemployed Persons 352771.00 Number of persons
Labor Force Participation Rate 76.10 percent
Employment Rate 72.00 percent
Employed Persons 6145039.00 Number of persons

How many people are employed in Bolivia?

Related Last Reference
Population 11.68 Dec/20
Unemployed Persons 352771.00 Jun/21
Labor Force Participation Rate 76.10 Jun/21
Employment Rate 72.00 Jun/21

What country has highest unemployment?

Burkina Faso
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.

What country has the lowest unemployment rate in the world?

Lowest Unemployment Rates

  • Qatar: 0.1%
  • Solomon Islands: 0.5%
  • Niger: 0.5%
  • Lao People’s Democratic Republic: 0.6%
  • Cambodia: 0.7%
  • Bahrain: 0.8%
  • Thailand: 0.8%
  • Rwanda: 1%

What is the poverty rate in Bolivia?

Bolivia poverty rate for 2019 was 19.90%, a 3.5% decline from 2018. Bolivia poverty rate for 2018 was 23.40%, a 2.3% decline from 2017. Bolivia poverty rate for 2017 was 25.70%, a 0.2% decline from 2016.

What is the poverty line in Bolivia?

In Bolivia, using the $1.90 poverty line shows a non-negligible poverty level of 5.8 percent for 2017, among the highest in South America. Both the national and international poverty measures have shown a similar trend in the past.

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Why is Bolivia so poor?

More than 80 percent of Bolivia’s rural population lives below the poverty line, a fact that is largely due to the low productivity of small-scale farming. With no mass production techniques and frequent water shortages, the quality of product and the money said products generate remain low.

What is the most common job in Bolivia?

Economy of Bolivia

Statistics
Labor force by occupation agriculture: 29.4% industry: 22% services: 48.6% (2015 est.)
Unemployment 4% (2017 est.) note: data are for urban areas; widespread underemployment
Main industries mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing, jewelry

Is Bolivia poor or rich?

Bolivia is the poorest country in South America. Although classified as middle income, it is at the very low end of the scale. Since 2006, the Government of Bolivia has introduced economic and social reforms designed to meet the basic needs of the poorest people.

Which country has best economy?

  1. United States. 2019 Nominal GDP in Current U.S. Dollars: $21.43 trillion3
  2. China. 2019 Nominal GDP in Current U.S. Dollars: $14.34 trillion3
  3. Japan. 2019 Nominal GDP in Current U.S. Dollars: $5.08 trillion3
  4. Germany. 2019 Nominal GDP in Current U.S. Dollars: $3.86 trillion3
  5. India.
  6. United Kingdom.
  7. France.
  8. Italy.

What is China’s unemployment rate?

In 2020, the rate of registered unemployment in urban areas of China increased to about 4.2 percent due to the COVID-19 pandemic.
Unemployment rate in urban China from 2010 to 2020 with forecasts until 2026.

Characteristic Unemployment rate
2020 4.24%
2019 3.62%
2018 3.8%
2017 3.9%
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Why is Egypt unemployment rate so high?

The unemployment issue in Egypt is mainly about the educated youth seeking its first job. The mismatch of skills between job requirements and the qualification of job seekers, the high reservation wage of new school leavers, and limited labor mobility are at the root of the problem.

Which country has the highest unemployment rate in 2021?

Here are the 10 countries with the highest rates of unemployment: Burkina Faso (77.00%) Syria (50.00%) Senegal (48.00%)
Unemployment by Country 2021.

Country Unemployment Rate 2021 Population
Marshall Islands 36.00% 59,610
Republic of the Congo 36.00% 5,657,013
Namibia 34.00% 2,587,344
Kiribati 30.60% 121,392

Which European country has the highest unemployment rate?

For Germany, the Netherlands, Austria, Finland and Iceland the trend component is used instead of the more volatile seasonally adjusted data.
Unemployment rate in member states of the European Union in July 2021 (seasonally adjusted)

Characteristic Unemployment rate
Spain 14.3%
Italy 9.3%
Sweden 8.4%
France 7.9%

Which European country has more job opportunities?

The Netherlands had the highest employment rate among European countries as of the first quarter of 2021, at 79.2 percent, followed by Germany, which had an employment rate of 74.9 percent.

What is the average income in Bolivia?

In 2020, the national gross income per capita in Bolivia amounted to around 3.2 thousand U.S. dollars, down from roughly 3.5 thousand U.S. dollars per person in the previous year. Uruguay was the South American country with the highest GNI per capita that same year.

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How does Bolivia make their money?

Natural gas and oil revenues represent some of the largest sources of income for Bolivia’s economy. In 2014, the oil and gas sector represented 8.7 percent of GDP and 55 percent of total exports. The sector has contributed to more than one third of the Treasury’s income in recent years.

Is Bolivia overpopulated?

Overcrowding is at critical levels in Bolivian penitentiaries, according to a report by the Andean Information Network (AIN). With its prison system at well over 250 percent of total capacity, Bolivia has the fifth-worst overcrowding situation in Latin America after Haiti, El Salvador, Guatemala and Venezuela.

What is the literacy rate in Bolivia?

92.46%
Adult literacy rate is the percentage of people ages 15 and above who can both read and write with understanding a short simple statement about their everyday life. Bolivia literacy rate for 2015 was 92.46%, a 2.01% decline from 2012.

What is Bolivia’s main religion?

Roman Catholic
Religion in Bolivia
The predominant religion is Roman Catholic with a scattering of other protestant groups. Indigenous Bolivians have blended Catholicism and their traditional religious beliefs.

Filed Under: Central and South America

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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