Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Colombia
COLLRINTTTTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.79
Year-over-Year Change
-0.76%
Date Range
1/1/2007 - 6/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Colombia measures the percentage of the Colombian population aged 15 and above who are not actively participating in the labor force. This metric is an important indicator of labor market engagement.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The inactivity rate represents individuals who are neither employed nor actively seeking work. This statistic is closely watched by economists and policymakers to assess the underlying strength and participation in the Colombian labor market.
Methodology
The data is collected through household surveys conducted by the National Administrative Department of Statistics (DANE) in Colombia.
Historical Context
The inactivity rate is used to inform economic and social policies aimed at promoting labor force participation and employment.
Key Facts
- The inactivity rate in Colombia was 47.3% in 2021.
- The inactivity rate for women is typically higher than for men in Colombia.
- Inactivity rates tend to be lower in urban areas compared to rural regions.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Colombia measures the percentage of the population aged 15 and above who are not actively participating in the labor force, either by being employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The inactivity rate is an important indicator of labor market engagement and can inform economic and social policies aimed at promoting labor force participation and employment.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the National Administrative Department of Statistics (DANE) in Colombia.
Q: How is this trend used in economic policy?
A: The inactivity rate is used by economists and policymakers to assess the underlying strength and participation in the Colombian labor market and to inform policies aimed at promoting employment and economic activity.
Q: Are there update delays or limitations?
A: The data is released on an intra-annual basis, with some potential for delays in data reporting or limitations in geographic or demographic coverage.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Colombia (COLLRINTTTTSTSAM), retrieved from FRED.