Ecuador Forecast: Unemployment Rate

1988 - 2029 | Yearly | % | International Monetary Fund

Key information about Ecuador Unemployment Rate Forecast

  • Ecuador Unemployment Rate is forecasted to be 4.200 % in Dec 2024 as reported by International Monetary Fund
  • It records no change from the last reported number of 3.380 % in Dec 2023
  • Looking ahead, Ecuador Unemployment Rate is projected to stand at 3.500 % in Dec 2029
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Ecuador's Forecast: Unemployment Rate from 1988 to 2029 in the chart:

Ecuador Forecast: Unemployment Rate

What is Ecuador's Forecast: Unemployment Rate in 2029?

Ecuador Unemployment Rate is forecasted to be 4.200 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.500 2029 3.500 2028 3.190 2022 13.107 1999 % yearly 1988 - 2029

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.700 2029 yearly 1980 - 2029
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.550 2029 yearly 2010 - 2029
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2029 yearly 1980 - 2029
Armenia (%) 14.000 2029 yearly 2001 - 2029
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.524 2029 yearly 1980 - 2029
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.098 2029 yearly 2000 - 2029
Bahamas (%) 9.500 2029 yearly 1986 - 2029
Bahrain (%) 6.300 2023 yearly 2007 - 2023
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.677 2029 yearly 1981 - 2029
Belarus (%) 2.898 2029 yearly 1993 - 2029
Belgium (%) 5.700 2029 yearly 1980 - 2029
Belize (%) 3.400 2029 yearly 1990 - 2029
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.200 2029 yearly 2000 - 2029
Bosnia and Herzegovina (%) 13.200 2029 yearly 1995 - 2029
Botswana (%) 0.000 yearly -
Brazil (%) 7.482 2029 yearly 1991 - 2029
Brunei (%) 4.900 2029 yearly 2011 - 2029
Bulgaria (%) 4.000 2029 yearly 1989 - 2029
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.960 2029 yearly 1980 - 2029
Cape Verde (%) 8.500 2029 yearly 1980 - 2029
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2029 yearly 1980 - 2029
China (%) 5.100 2029 yearly 2017 - 2029
Colombia (%) 9.400 2029 yearly 1980 - 2029
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.466 2029 yearly 1991 - 2029
Cyprus (%) 4.979 2029 yearly 1982 - 2029
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2029 yearly 1991 - 2029
Ecuador (%) 3.500 2029 yearly 1988 - 2029
Egypt (%) 5.502 2029 yearly 1990 - 2029
El Salvador (%) 5.216 2029 yearly 1988 - 2029
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.508 2029 yearly 1993 - 2029
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2029 yearly 1986 - 2029
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 14.500 2029 yearly 1996 - 2029
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2029 yearly 1980 - 2029
Hong Kong SAR, China (%) 2.669 2029 yearly 1980 - 2029
Hungary (%) 3.689 2029 yearly 1980 - 2029
Iceland (%) 4.000 2029 yearly 1980 - 2029
India (%) 0.000 yearly -
Indonesia (%) 5.100 2029 yearly 1984 - 2029
Iran (%) 9.000 2029 yearly 1990 - 2029
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.900 2029 yearly 1980 - 2029
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.400 2023 yearly 1980 - 2023
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.775 2029 yearly 1994 - 2029
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.000 2029 yearly 1980 - 2029
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2029 yearly 1994 - 2029
Laos (%) 0.000 yearly -
Latvia (%) 6.286 2029 yearly 1992 - 2029
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Ecuador Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 Jun 2024 quarterly Dec 2000 - Jun 2024
Consolidated Fiscal Balance (USD mn) 1,157.610 Jun 2024 quarterly Mar 2000 - Jun 2024
Tax Revenue (USD mn) 4,720.339 Jun 2024 quarterly Mar 2000 - Jun 2024
Tax Revenue: % of GDP (%) 15.4 Jun 2024 quarterly Mar 2000 - Jun 2024
National Government Debt (USD mn) 80,597.2 Jun 2024 quarterly Dec 2005 - Jun 2024
Government Debt: % of GDP (%) 66.9 Jun 2024 quarterly Dec 2005 - Jun 2024
Forecast: Government Expenditure (USD bn) 51.430 2029 yearly 1995 - 2029
Forecast: Government Net Debt (USD bn) 72.877 2029 yearly 2001 - 2029
Forecast: Government Revenue (USD bn) 52.747 2029 yearly 1995 - 2029
Central Government: Finance (USD mn) 282.739 Sep 2024 monthly Jan 2006 - Sep 2024
Central Government: Balance (USD mn) -282.739 Sep 2024 monthly Jan 2006 - Sep 2024
Central Government: Revenue (USD mn) 1,609.799 Sep 2024 monthly Jan 2006 - Sep 2024
Central Government: Expenditure excl Amortization (USD mn) 1,892.538 Sep 2024 monthly Jan 2006 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) 487.2 Sep 2024 monthly Mar 1992 - Sep 2024
Total Exports (USD mn) 2,528.2 Apr 2023 monthly Jan 1965 - Apr 2023
Total Exports Growth (%) -10.0 Sep 2024 monthly Jan 1966 - Sep 2024
Aluminum: Exports (USD th) 73,669.642 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 31,582.671 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 8,971.615 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,411.8 Sep 2024 monthly Jan 1957 - Sep 2024
Total Imports Growth (%) -10.0 Sep 2024 monthly Jan 1958 - Sep 2024
Imports: Medicament (USD th) 940,587.785 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 633,025.171 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 468.816 Sep 2024 monthly Jan 2007 - Sep 2024
Total Imports from USA (USD mn) 673.936 Sep 2024 monthly Jan 1973 - Sep 2024
Total Exports to China (USD mn) 384.582 Sep 2024 monthly Jan 2007 - Sep 2024
Total Imports from China (USD mn) 526.989 Sep 2024 monthly May 1992 - Sep 2024
Terms of Trade Index: 2007=100 (2007=100) 94.726 Sep 2024 monthly Jan 2014 - Sep 2024
BCE Forecast: Trade Balance: 2018=100 (USD mn) 3,097.200 2025 yearly 2024 - 2025
Exports: FOB: Petroleum: Crude Petroleum (USD th) 622,899.601 Sep 2024 monthly Jan 2005 - Sep 2024
Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) 295,518.380 Sep 2024 monthly Jan 2005 - Sep 2024
BCE Forecast: Exports: fob: 2018=100 (USD th) 31,848,323.000 2025 yearly 2024 - 2025
Exports: FOB: America: United States (USD mn) 468.816 Sep 2024 monthly Jan 2007 - Sep 2024
Exports: FOB: Asia: People's Republic of China (USD mn) 384.582 Sep 2024 monthly Jan 2007 - Sep 2024
Exports: FOB: America: ALADI: Panama (USD mn) 495.017 Sep 2024 monthly Jan 2012 - Sep 2024
BCE Forecast: Imports: fob: 2018=100 (USD th) 28,751,123.000 2025 yearly 2024 - 2025
Imports: CIF: Asia: People's Republic of China (USD mn) 324.160 Jan 2020 monthly Jan 2010 - Jan 2020
Imports: CIF: Consumer Goods: Non Durable (USD th) 294,983.815 Sep 2024 monthly Jan 2005 - Sep 2024
Imports: CIF: Fuels And Lubricants (USD th) 643,202.006 Sep 2024 monthly Jan 2005 - Sep 2024
Imports: CIF: America: ALADI: Panama (USD mn) 5.454 Sep 2024 monthly Mar 2019 - Sep 2024
Import Value Index (2015=100) 119.376 2021 yearly 1980 - 2021
Export Value Index (2015=100) 145.654 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 2,407.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Current Account Balance: % of GDP (%) 7.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Direct Investment (USD mn) 41.8 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Direct Investment: % of GDP (%) 0.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Portfolio Investment (USD mn) -55.121 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -55.352 Jun 2024 quarterly Mar 1999 - Jun 2024
External Debt (USD mn) 59,724.6 Sep 2024 monthly Jan 1994 - Sep 2024
External Debt: % of GDP (%) 49.6 2023 yearly 1970 - 2023
External Debt: Short Term (USD mn) 763.5 Jun 2024 quarterly Mar 2004 - Jun 2024
External Debt: Short Term: % of GDP (%) 1.5 2023 yearly 1970 - 2023
Forecast: Current Account Balance (USD bn) 3.608 2029 yearly 1980 - 2029
Net International Investment Position (USD) -19,735,132,923.143 Jun 2024 quarterly Mar 2016 - Jun 2024
BoP: CA: Goods & Services: Goods (USD mn) 2,068.720 Jun 2024 quarterly Mar 2016 - Jun 2024
BoP: CA: Goods & Services: Services (USD mn) -533.482 Jun 2024 quarterly Mar 2016 - Jun 2024
Gross External Debt: Long Term (USD mn) 57,407.976 Jun 2024 quarterly Mar 2004 - Jun 2024
Gross External Debt (USD mn) 58,907.820 Jun 2024 quarterly Mar 2004 - Jun 2024
External Debt: Private (USD mn) 10,321.063 Sep 2024 monthly Jan 1994 - Sep 2024
External Debt: Public (USD mn) 49,403.566 Sep 2024 monthly Jan 1994 - Sep 2024
Foreign Direct Investment: BPM6 (USD th) 41,849.299 Jun 2024 quarterly Mar 2016 - Jun 2024
Foreign Direct Investment: Europe: Spain (USD th) 88,442.667 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Europe: Netherlands (USD th) 23,806.340 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Asia: China (USD th) 12,350.723 Dec 2018 quarterly Mar 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.0 Sep 2024 monthly Jan 2006 - Sep 2024
Household Debt: % of GDP (%) 17.2 Jun 2024 quarterly Dec 2006 - Jun 2024
Non-Performing Loans (USD mn) 3,921.527 Sep 2024 monthly Jan 2006 - Sep 2024
Money Supply M1 (USD mn) 30,079.874 Sep 2024 monthly Dec 2006 - Sep 2024
Money Supply M2 (USD mn) 84,617.500 Sep 2024 monthly Dec 2006 - Sep 2024
M2 Growth (%) 8.9 Sep 2024 monthly Dec 2007 - Sep 2024
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 6,115.5 Oct 2024 monthly Dec 1956 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 4.210 Jun 2024 quarterly Dec 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 2.6 Sep 2024 monthly Jan 2005 - Sep 2024
Gold Reserves (USD mn) 2,310.255 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 64,774.769 Sep 2024 monthly Jan 2006 - Sep 2024
Total Deposits Growth (%) 11.0 Sep 2024 monthly Jan 2007 - Sep 2024
Domestic Credit (USD mn) 72,401.5 Sep 2024 monthly Jan 2006 - Sep 2024
Domestic Credit Growth (%) 4.7 Sep 2024 monthly Jan 2007 - Sep 2024
Household Debt (USD mn) 21,552.2 Oct 2024 monthly Oct 2006 - Oct 2024
Total Loans (USD mn) 64,865.947 Sep 2024 monthly Jan 2006 - Sep 2024
Total Loans Growth (%) 5.20 Sep 2024 monthly Jan 2007 - Sep 2024
Private Debt: % of Nominal GDP (%) 54.45 Jun 2024 quarterly Mar 2004 - Jun 2024
International Reserve: Net Currency Position (USD mn) 6,115.522 Oct 2024 monthly Jan 2004 - Oct 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.0 Sep 2024 monthly Feb 2011 - Sep 2024

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