Wages In Manufacturing in Ecuador increased to 450 USD/Month in the second quarter of 2019 from 447 USD/Month in the first quarter of 2019.

Wages In Manufacturing in Ecuador averaged 361.27 USD/Month from 2007 until 2019, reaching an all time high of 461 USD/Month in the third quarter of 2015 and a record low of 220 USD/Month in the first quarter of 2008. This page provides - Ecuador Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Median Wages In Manufacturing - values, historical data and charts - was last updated on October of 2020. source: Banco Central del Ecuador

Wages In Manufacturing in Ecuador is expected to be 460.00 USD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Ecuador to stand at 470.00 in 12 months time. In the long-term, the Ecuador Median Wages In Manufacturing is projected to trend around 470.00 USD/Month in 2021, according to our econometric models.

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Ecuador Median Wages In Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
450.00 447.00 461.00 220.00 2007 - 2019 USD/Month Quarterly

Ecuador Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 5.90 11.86 4.54 percent [+]
Wages 466.63 459.61 466.63 198.26 USD/Month [+]
Population 17.27 17.02 17.27 4.44 Million [+]
Wages In Manufacturing 450.00 447.00 461.00 220.00 USD/Month [+]
Labor Force Participation Rate 62.30 64.60 70.30 61.00 percent [+]
Minimum Wages 394.00 386.00 394.00 85.70 USD/Month [+]
Employment Rate 48.02 47.30 57.94 46.54 percent [+]