Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Portugal
LFWA64TTPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,778,183.00
Year-over-Year Change
2.54%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total working-age population in Portugal, specifically those aged 15 to 64 years. It provides important insights into the size and composition of the country's labor force, which is crucial for economic policymaking and analysis.
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 working-age population total from 15 to 64 years for Portugal represents the number of individuals within that age range who are considered part of the potential labor force. This metric is widely used by economists, policymakers, and analysts to understand the overall labor market dynamics and potential for economic growth.
Methodology
The data is collected through national labor force surveys conducted by the Portuguese statistical agency.
Historical Context
This trend is closely monitored by the European Central Bank and other international organizations to assess the economic conditions and labor market trends in Portugal.
Key Facts
- Portugal's working-age population totaled 6.8 million in 2021.
- The working-age population accounts for approximately 66% of Portugal's total population.
- The size of the working-age population is a key determinant of economic growth potential.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total working-age population in Portugal, specifically those aged 15 to 64 years, which represents the potential labor force in the country.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the working-age population is crucial for understanding the labor market dynamics, economic growth potential, and policy implications in Portugal.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Portuguese statistical agency.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the European Central Bank and other international organizations to assess the economic conditions and labor market trends in Portugal, which informs policymaking decisions.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Portugal (LFWA64TTPTQ647S), retrieved from FRED.