Unemployment Rate and Employment Data in Ecuador
Ecuador Unemployment Data
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 3.8 % | 2Q/23 |
| Employment Rate | 44.3 % | 1Q/23 |
Latest data on Unemployment Rate (%)
What is Unemployment Rate in Ecuador?
- Unemployment Rate in Ecuador increased to 3.8 % in the second quarter of 2023. The maximum rate was 16.8 % and minimum was 4.54 %.
- Data published Quarterly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| 3.8 | 2Q/23 | 14.08.2023 |
| 3.2 | 1Q/23 | 21.07.2023 |
| 4 | 1Q/23 | 24.05.2023 |
| 3.2 | 4Q/22 | 03.03.2023 |
| 4.7 | 3Q/22 | 24.01.2023 |
| 6.8 | 2Q/21 | 24.01.2023 |
| 5.4 | 2Q/22 | 06.09.2022 |
| 6.6 | 3Q/21 | 26.10.2021 |
Historical Chart by presidents (%)
Unemployment Rate in Ecuador by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Lenin Moreno | 24.05.2017 - | 5.2000 | 5.8000 | 5.8000 | 5.2000 | 11.54% |
Latest data on Employment Rate (%)
What is Employment Rate in Ecuador?
- Employment Rate in Ecuador increased to 44.3 % in the first quarter of 2023. The maximum rate was 57.94 % and minimum was 20.2 %.
- Data published Quarterly by National Institute of Statistics and Census.
Historical Data (%) by years
Data
Period
Date
| 44.3 | 1Q/23 | 09.06.2023 |
| 42.9 | 4Q/22 | 10.02.2023 |
| 42 | 2Q/22 | 06.09.2022 |
| 40 | 3Q/21 | 26.10.2021 |
| 41.7 | 1Q/21 | 28.07.2021 |
| 37.4 | 4Q/20 | 27.04.2021 |
| 39.3 | 3Q/20 | 18.11.2020 |
| 48.02 | 4Q/19 | 08.02.2020 |
Historical Chart by QoQ presidents (%)
Employment Rate in Ecuador by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other labor indicators in Ecuador
| Index | Updated | Actual | Previous |
| Wages | 2023 | 525 USD/Month | 525 |
| Labor Force Participation Rate | 1Q/23 | 65.5 % | 65.7 |
Unemployment Rate in other countries
| Country | Updated | Actual | Previous |
| Colombia | Aug/23 | 9.28 % | 9.57 |
| Panama | 2022 | 8.8 % | 10.3 |
| Puerto Rico | Aug/23 | 6.1 % | 6.8 |
| Honduras | 2022 | 8.7 % | 8.6 |
| Brazil | Aug/23 | 7.8 % | 7.9 |
| Chile | Aug/23 | 9 % | 8.77 |
| Paraguay | 1Q/23 | 6.5 % | 5.7 |
| Argentina | 2Q/23 | 6.2 % | 6.9 |
| Canada | Sep/23 | 5.5 % | 5.5 |
| Ecuador | 2Q/23 | 3.8 % | 3.2 |
| Mexico | Aug/23 | 3 % | 3.1 |
| Peru | Aug/23 | 6.6 % | 6.3 |
| United States | Sep/23 | 3.8 % | 3.8 |
| Uruguay | Aug/23 | 8.2 % | 7.8 |
| Jamaica | 2Q/23 | 4.5 % | 6.6 |
| Suriname | 2022 | 8.6 % | 9.1 |
| Venezuela | Dec/18 | 6.4 % | 7.3 |
| Belize | 2022 | 5 % | 10.2 |
| Cameroon | 2022 | 4 % | 4.1 |
| Cape Verde | 2022 | 13.6 % | 13.9 |
| Cuba | 2021 | 2.8 % | 2.6 |
| Dominican Republic | 1Q/23 | 5.2 % | 4.8 |
| El Salvador | 2022 | 5 % | 7.2 |
| Guyana | 2021 | 14.5 % | 15.4 |
| Haiti | 2022 | 14.8 % | 15 |
| Nicaragua | 2Q/23 | 3.3 % | 3.3 |
| Trinidad and Tobago | 1Q/23 | 4.9 % | 4.7 |
