Labor force participation rate in Bosnia and Herzegovina 2021
The labor participation rate among the total population aged between 15 and 64 in Bosnia and Herzegovina increased by 3.2 percentage points in 2021 in comparison to the previous year. With 61 percent, the labor participation rate thereby reached its highest value in the observed period. Notably, the labor participation rate has been, with the exception of 2013, continuously increasing over the last years.
The labor force participation rate refers to the share of the population aged 15 years and over who are economically active. Unemployed people actively searching for work are included, whereas the long-term unemployed (economically inactive) are not. It is calculated by dividing the total number of workers aged 15 and over by the total population aged 15 and over.
Find more key insights for the labor participation rate among the total population aged between 15 and 64 in countries like North Macedonia and Croatia.
The labor force participation rate refers to the share of the population aged 15 years and over who are economically active. Unemployed people actively searching for work are included, whereas the long-term unemployed (economically inactive) are not. It is calculated by dividing the total number of workers aged 15 and over by the total population aged 15 and over.
Find more key insights for the labor participation rate among the total population aged between 15 and 64 in countries like North Macedonia and Croatia.
