In 2022, the labor participation rate among the total population aged between 15 and 64 in Bosnia and Herzegovina remained nearly unchanged at around 61.55 percent. Nevertheless, 2022 still represents a peak in the labor participation rate in Bosnia and Herzegovina. 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.
Bosnia and Herzegovina: Labor force participation rate from 2012 to 2022
The 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.
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World Bank. (October 24, 2024). Bosnia and Herzegovina: Labor force participation rate from 2012 to 2022 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/993547/labor-force-participation-rate-in-bosnia-and-herzegovina/
World Bank. "Bosnia and Herzegovina: Labor force participation rate from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/993547/labor-force-participation-rate-in-bosnia-and-herzegovina/
World Bank. (2024). Bosnia and Herzegovina: Labor force participation rate from 2012 to 2022. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/993547/labor-force-participation-rate-in-bosnia-and-herzegovina/
World Bank. "Bosnia and Herzegovina: Labor Force Participation Rate from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/993547/labor-force-participation-rate-in-bosnia-and-herzegovina/
World Bank, Bosnia and Herzegovina: Labor force participation rate from 2012 to 2022 Statista, https://www.statista.com/statistics/993547/labor-force-participation-rate-in-bosnia-and-herzegovina/ (last visited December 30, 2024)
Bosnia and Herzegovina: Labor force participation rate from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/993547/labor-force-participation-rate-in-bosnia-and-herzegovina/