Waged and Salaried Workers, Total (As % of Total Employed) fell to 63.5% in Venezuela in 2018

Waged and Salaried Workers, Total (As % of Total Employed) (%)
Labour | Venezuela | May 18, 2019
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Excel Sheet

Waged and Salaried Workers, Total (As % of Total Employed) reached 63.5 % in 2018 in Venezuela. This is 2.82 % more than in the previous year.

Historically, Waged and Salaried Workers, Total (As % of Total Employed) in Venezuela reached an all time high of 66.0 % in 2007 and an all time low of 58.0 % in 2000. When compared to Venezuela's main peers, Waged and Salaried Workers, Total (As % of Total Employed) in Brazil amounted to 67.7 %, 49.1 % in Colombia, 39.4 % in Guyana and 76.6 % in Trinidad and Tobago in 2018.

Venezuela has been ranked 90th within the group of 175 countries we follow in terms of Waged and Salaried Workers, Total (As % of Total Employed), 6 places behind the position seen 10 years ago.

Waged and salaried workers (employees) are those workers who hold the type of jobs defined as "paid employment jobs", where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.

Waged and Salaried Workers, Total (As % of Total Employed) Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018
Bolivia % 40.9% 39.8% 37.3% 38.9% 38.3%
Brazil % 70.1% 69.8% 70.0% 68.7% 68.2%
Colombia % 46.8% 47.7% 48.5% 48.9% 48.9%
Guyana % 37.8% 38.0% 38.1% 38.4% 39.0%
Peru % 44.5% 45.4% 45.0% 45.9% 45.3%
Puerto Rico % 84.4% 84.1% 83.7% 83.3% 83.2%
Suriname % 85.9% 85.9% 85.9% 85.8% 86.0%
Trinidad and Tobago % 79.8% 78.5% 78.5% 77.8% 76.5%
Venezuela % 64.8% 64.8% 64.5% 64.1% 64.0%