Labor Force Participation Rate in Ecuador increased to 61.80 percent in the first quarter of 2021 from 61.40 percent in the fourth quarter of 2020. source: Banco Central del Ecuador

Labor Force Participation Rate in Ecuador averaged 64.30 percent from 2007 until 2021, reaching an all time high of 70.30 percent in the second quarter of 2007 and a record low of 60.10 percent in the third quarter of 2020. This page provides - Ecuador Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Labor Force Participation Rate - values, historical data and charts - was last updated on November of 2021.

Labor Force Participation Rate in Ecuador is expected to be 63.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Labor Force Participation Rate is projected to trend around 64.80 percent in 2022 and 65.00 percent in 2023, according to our econometric models.

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Ecuador Labor Force Participation Rate


Related Last Previous Unit Reference
Unemployment Rate 6.60 7.40 percent Sep/21
Wages 466.63 459.61 USD/Month Dec/20
Labor Force Participation Rate 63.00 62.40 percent Sep/21
Minimum Wages 400.00 394.00 USD/Month Dec/20
Wages In Manufacturing 450.00 458.00 USD/Month Dec/19
Ecuador Labor Force Participation Rate
The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.