Labor Force Participation Rate in Ecuador increased to 63.40 percent in the second quarter of 2022 from 62.20 percent in the first quarter of 2022. source: Banco Central del Ecuador

Labor Force Participation Rate in Ecuador averaged 64.18 percent from 2007 until 2022, 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 December of 2022.

Labor Force Participation Rate in Ecuador is expected to be 64.80 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 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 5.40 6.70 percent Jun 2022
Wages 466.63 466.63 USD/Month Dec 2021
Minimum Wages 425.00 400.00 USD/Month Dec 2022
Labor Force Participation Rate 63.40 62.20 percent Jun 2022
Wages in Manufacturing 450.00 458.00 USD/Month Dec 2019

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.
Actual Previous Highest Lowest Dates Unit Frequency
63.40 62.20 70.30 60.10 2007 - 2022 percent Quarterly