Ecuador Gross Average Nominal Monthly Wages - Forecast

Wages in Ecuador is expected to be 447.00 USD/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Gross Average Nominal Monthly Wages is projected to trend around 475.00 USD/Month in 2020, according to our econometric models.


Forecast Data Chart
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Ecuador Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 5.2 5.1 5.8 5.6 5.7 5.8
Wages 437 447 447 455 461 475
Population 16.78 16.98 17.04 17.1 17.17 17.83
Wages In Manufacturing 437 450 452 453 440 470
Labor Force Participation Rate 63.2 64.01 63.92 63.76 62.95 62.78
Minimum Wages 386 375 375 380 393 390
Employment Rate 94.79 94.83 94.81 94.8 94.88 94.89