The economic activity rate expresses the percentage of economically active persons (employed persons and unemployed based on the ILO definition) in the reference population. In other words, the proportion of the population which offers its services on the labour market.
There are different economic activity rates:
- the gross economic activity rate calculated for the total population
- the standardised economic activity rate calculated for the population aged 15 and over
- and the net economic activity rate calculated for the population aged 15 to 64.
