Trends in Working Age Population Percentage in Colombia from 1990 to 2022

Trends in Working Age Population Percentage in Colombia from 1990 to 2022

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TGM StatBox. (2024). Trends in Working Age Population Percentage in Colombia from 1990 to 2022. TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Colombia
Published date: 2024
Survey Question: The percentage of the working-age population, as defined by World Development Indicators, refers to the proportion of individuals within a specific age range (typically 15 to 64 years) relative to the total population.
Key Takeaways
Trends in Working Age Population Percentage in Colombia from 1990 to 2022
Colombia's working-age population has seen a consistent upward trajectory from 59.8% in 1990 to 69.7% in 2022. This increase reflects the country's economic stabilization and demographic shifts, alongside improvements in education and labor force inclusion. The rate notably reached its peak around 2020, reflecting strong demographic trends and a relatively youthful population. Economic factors, such as the growth of the service sector and foreign investments, also contributed to a growing working-age cohort, which stabilized around 69.7% from 2020 onward.

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