Datasource:
Labour Force Survey
Period:
January, 2024 to December, 2024
In 2024 the working age population (16 years and above) was approximately 8.3 million of whom around 4.4 million were employed, 780 thousand were unemployed, and 3.1 million were out of labour force.
The sum of the employed and unemployed population makes the population in the labour force 5.2 million persons. The proportion of the working age population participating in the labour force has steadily increased since 2022.
In 2024, it was estimated to be 62.9 % which is 3.6 percentage points higher compared to the estimated value in 2023. The rate of the population outside labour force decreased to 37.1 % in 2024 from 40.7 % observed in 2023.
In November 2024 (Q4), the working age population (16 years and above) was around 8.4 million of whom around 4.6 million were employed, 789 thousand were unemployed, and 3 million were out of labour force.
In August 2024 (Q3), the working age population (16 years and above) was around 8.3 million of whom around 4.5 million were employed, 815 thousand were unemployed, and 3 million were out of labour force. The sum of the employed and unemployed population makes the population in the labour force 5.3 million persons.
In May 2024 (Q2), the working age population (16 years and above) was around 8.3 million of whom around 4.3 million were employed, 869 thousand were unemployed, and 3.1 million were out of the labour force.
In February 2024(Q1), the employment-to-population ratio increased to 53.1% from 47.7% in February 2023(Q1). There has been a similar increase for both males and females, around 5 percentage points.