Ecuador Unemployment Rate  Forecast


Unemployment Rate in Ecuador is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Ecuador to stand at 5.80 in 12 months time. In the long-term, the Ecuador Unemployment Rate is projected to trend around 6.20 percent in 2020, according to our econometric models.


Ecuador Unemployment Rate
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Ecuador Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 5.2 6.8 5.7 5.8 5.8 6.2
Wages 478 489 498 501 504 600
Population 16.53 16.71 16.78 16.84 16.9 17.53
Labor Force Participation Rate 68.9 69 67.61 68.91 67.69 67.85
Employment Rate 94.22 94.36 94.26 94.49 94.37 94.43