Unleashing Potential: The Impact of Somalia's Low Labor Force Participation Rate on Economic Growth

[Deeq A.]

The Labor Force Participation Rate (LFPR), as defined by the Somalia National Bureau of Statistics, quantifies the fraction of a nation's working-age populace, typically defined as individuals aged 15 years and above, who are actively involved in the labor market. This involvement encompasses both individuals currently employed and those actively seeking employment (i.e., the unemployed yet available for work).

Source: Hiiraan Online