Ecuador Median Wages In Manufacturing - Forecast

Wages In Manufacturing in Ecuador is expected to be 446.00 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 453.00 in 12 months time. In the long-term, the Ecuador Median Wages In Manufacturing is projected to trend around 470.00 USD/Month in 2020, according to our econometric models.


Ecuador Median Wages In Manufacturing
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Ecuador Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 5.8 5.8 5.7 5.7 5.7 6.2
Wages 437 447 447 447 455 475
Population 16.78 16.67 16.73 16.8 16.86 17.87
Wages In Manufacturing 437 446 450 452 453 470
Labor Force Participation Rate 65.9 65.89 65.88 65.89 65.89 65.89
Minimum Wages 375 375 375 375 380 390
Employment Rate 94.31 94.29 94.53 94.31 94.49 94.4