Ecuador Labour Force Participation Rate

2013 - 2024 | Quarterly | % | CEIC Data

Key information about Ecuador Labour Force Participation Rate

  • Ecuador Labour Force Participation Rate increased to 65.5 % in Sep 2024, compared with 64.8 % in the previous quarter.
  • Ecuador Labour Force Participation Rate is updated quarterly, available from Dec 2013 to Sep 2024, with an average rate of 65.9 % .
  • The data reached the an all-time high of 69.2 % in Sep 2016 and a record low of 62.0 % in Jun 2014.
  • Ecuador Labour Force Participation Rate is reported by reported by CEIC Data.
  • In the latest reports, Ecuador Population reached 17.8 million people in Dec 2023.
  • Unemployment Rate of Ecuador increased to 4.0 % in Sep 2024.
  • The country's Monthly Earnings stood at 444.0 USD in Dec 2019.

View Ecuador's Labour Force Participation Rate from Dec 2013 to Sep 2024 in the chart:

Ecuador Labour Force Participation Rate

What was Ecuador's Labour Force Participation Rate in Sep 2024?

Ecuador Labour Force Participation Rate increased to 65.5 % in Sep 2024, compared with 64.8 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
65.5 Sep 2024 64.8 Jun 2024 62.0 Jun 2014 69.2 Sep 2016 % quarterly Dec 2013 - Sep 2024

Labour Force Participation Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 63.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Algeria (%) 41.7 2018 yearly 2003 - 2018
Argentina (%) 60.8 2023 yearly 1990 - 2023
Armenia (%) 60.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Australia (%) 67.1 Nov 2024 monthly Feb 1978 - Nov 2024
Austria (%) 77.1 Jun 2022 quarterly Mar 2021 - Jun 2022
Azerbaijan (%) 70.2 2023 yearly 1990 - 2023
Bahrain (%) 71.9 2023 yearly 1990 - 2023
Bangladesh (%) 58.2 2023 yearly 1990 - 2023
Belarus (%) 86.8 2022 yearly 1995 - 2022
Belgium (%) 71.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Bolivia (%) 77.7 Sep 2022 quarterly Dec 2015 - Sep 2022
Bosnia and Herzegovina (%) 47.8 2023 yearly 2006 - 2023
Botswana (%) 64.5 2023 yearly 1990 - 2023
Brazil (%) 62.6 Nov 2024 monthly Mar 2012 - Nov 2024
Brunei (%) 64.3 2023 yearly 1990 - 2023
Bulgaria (%) 55.5 Jun 2024 quarterly Jun 2000 - Jun 2024
Cambodia (%) 87.4 2020 yearly 2020 - 2020
Canada (%) 64.9 Nov 2024 monthly Jan 1976 - Nov 2024
Chile (%) 61.6 Nov 2024 monthly Mar 2009 - Nov 2024
China (%) 66.4 2023 yearly 1990 - 2023
Colombia (%) 63.9 Oct 2024 monthly Jan 2001 - Oct 2024
Croatia (%) 54.1 Sep 2024 quarterly Mar 2007 - Sep 2024
Cyprus (%) 65.7 Sep 2024 quarterly Jun 1999 - Sep 2024
Czech Republic (%) 60.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Denmark (%) 74.6 Oct 2024 monthly Jan 2007 - Oct 2024
Ecuador (%) 65.5 Sep 2024 quarterly Dec 2013 - Sep 2024
Egypt (%) 43.4 2023 yearly 2009 - 2023
Estonia (%) 66.9 Sep 2024 quarterly Mar 2000 - Sep 2024
European Union (%) 75.6 2022 yearly 1990 - 2022
Finland (%) 67.2 Nov 2024 monthly May 2004 - Nov 2024
France (%) 74.8 Sep 2024 quarterly Mar 2003 - Sep 2024
Georgia (%) 53.3 2023 yearly 1998 - 2023
Germany (%) 56.0 Jun 2024 quarterly Mar 2007 - Jun 2024
Ghana (%) 68.8 2023 yearly 1990 - 2023
Greece (%) 59.8 Nov 2024 monthly Jan 2004 - Nov 2024
Hong Kong SAR, China (%) 56.9 Nov 2024 monthly Dec 1981 - Nov 2024
Hungary (%) 68.3 Sep 2024 quarterly Mar 2009 - Sep 2024
Iceland (%) 78.0 Nov 2024 monthly Jan 2003 - Nov 2024
India (%) 42.4 2023 yearly 1990 - 2023
Indonesia (%) 70.6 Aug 2024 semiannually Feb 2005 - Aug 2024
Iran (%) 41.0 Dec 2022 quarterly Jun 2018 - Dec 2022
Ireland (%) 66.6 Sep 2024 quarterly Mar 1998 - Sep 2024
Israel (%) 62.4 Nov 2024 monthly Jan 2012 - Nov 2024
Italy (%) 66.4 Oct 2024 monthly Jan 2004 - Oct 2024
Ivory Coast (%) 64.4 2023 yearly 1990 - 2023
Japan (%) 63.5 Nov 2024 monthly Jan 1968 - Nov 2024
Jordan (%) 39.4 2023 yearly 1990 - 2023
Kazakhstan (%) 68.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Kenya (%) 73.7 2023 yearly 1990 - 2023
South Korea (%) 64.6 Nov 2024 monthly Jun 1999 - Nov 2024
Kosovo (%) 42.3 Dec 2023 quarterly Mar 2016 - Dec 2023
Kuwait (%) 71.5 2023 yearly 1990 - 2023
Kyrgyzstan (%) 58.7 2023 yearly 1994 - 2023
Laos (%) 59.6 2023 yearly 1990 - 2023
Latvia (%) 68.8 Sep 2024 quarterly Mar 2002 - Sep 2024
Lebanon (%) 45.5 2023 yearly 1990 - 2023
Lithuania (%) 64.0 Sep 2024 quarterly Jun 1998 - Sep 2024
Luxembourg (%) 55.1 2023 yearly 2000 - 2023
Macau SAR, China (%) 68.0 Nov 2024 monthly Sep 1996 - Nov 2024
North Macedonia (%) 52.1 Jun 2024 quarterly Mar 2023 - Jun 2024
Malawi (%) 69.0 2023 yearly 1990 - 2023
Malaysia (%) 70.5 Oct 2024 monthly Jan 2010 - Oct 2024
Malta (%) 82.9 Sep 2024 quarterly Mar 2018 - Sep 2024
Mauritius (%) 58.5 Sep 2024 quarterly Mar 2004 - Sep 2024
Mexico (%) 60.0 Nov 2024 monthly Jan 2005 - Nov 2024
Moldova (%) 45.5 Sep 2024 quarterly Mar 2015 - Sep 2024
Mongolia (%) 63.0 Sep 2024 quarterly Sep 2006 - Sep 2024
Montenegro (%) 64.5 Sep 2024 quarterly Mar 2008 - Sep 2024
Morocco (%) 43.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Mozambique (%) 79.0 2023 yearly 1990 - 2023
Myanmar (%) 60.7 2023 yearly 1991 - 2023
Nepal (%) 40.5 2023 yearly 1990 - 2023
Netherlands (%) 73.2 Nov 2024 monthly Jan 2003 - Nov 2024
New Zealand (%) 71.0 Sep 2024 quarterly Mar 1986 - Sep 2024
Nigeria (%) 59.1 2023 yearly 1990 - 2023
Norway (%) 65.3 2023 yearly 1989 - 2023
Oman (%) 68.3 2023 yearly 1990 - 2023
Pakistan (%) 32.3 2021 yearly 1990 - 2021
Palestinian Territory (%) 45.6 Jun 2024 quarterly Jun 2002 - Jun 2024
Panama (%) 62.4 2023 yearly 2003 - 2023
Paraguay (%) 70.0 Sep 2024 quarterly Mar 2017 - Sep 2024
Peru (%) 72.4 2022 yearly 2001 - 2022
Philippines (%) 63.3 Oct 2024 quarterly Jul 2003 - Oct 2024
Poland (%) 58.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Portugal (%) 60.3 Sep 2024 quarterly Mar 2011 - Sep 2024
Qatar (%) 87.7 2023 yearly 2006 - 2023
Romania (%) 52.7 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 68.4 Feb 2024 monthly Aug 2009 - Feb 2024
Saudi Arabia (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Serbia (%) 56.4 Sep 2024 quarterly Mar 2014 - Sep 2024
Slovakia (%) 61.6 Jun 2024 quarterly Mar 2021 - Jun 2024
Slovenia (%) 58.7 Sep 2024 quarterly Mar 2008 - Sep 2024
South Africa (%) 60.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Spain (%) 59.0 Sep 2024 quarterly Mar 2021 - Sep 2024
Sri Lanka (%) 47.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Sudan (%) 47.6 2023 yearly 1990 - 2023
Sweden (%) 73.8 Nov 2024 monthly Apr 2005 - Nov 2024
Switzerland (%) 67.6 Sep 2024 quarterly Mar 2010 - Sep 2024
Syria (%) 38.7 2023 yearly 1990 - 2023

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Ecuador Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.8 Jun 2024 quarterly Dec 2000 - Jun 2024
Consolidated Fiscal Balance (USD mn) -868.114 Sep 2024 quarterly Mar 2000 - Sep 2024
Tax Revenue (USD mn) 4,355.023 Sep 2024 quarterly Mar 2000 - Sep 2024
Tax Revenue: % of GDP (%) 15.5 Jun 2024 quarterly Mar 2000 - Jun 2024
National Government Debt (USD mn) 82,846.8 Sep 2024 quarterly Dec 2005 - Sep 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) -39.293 Oct 2024 monthly Jan 2006 - Oct 2024
Central Government: Balance (USD mn) 39.293 Oct 2024 monthly Jan 2006 - Oct 2024
Central Government: Revenue (USD mn) 1,769.562 Oct 2024 monthly Jan 2006 - Oct 2024
Central Government: Expenditure excl Amortization (USD mn) 1,730.269 Oct 2024 monthly Jan 2006 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) 400.5 Oct 2024 monthly Mar 1992 - Oct 2024
Total Exports (USD mn) 2,528.2 Apr 2023 monthly Jan 1965 - Apr 2023
Total Exports Growth (%) 9.1 Oct 2024 monthly Jan 1966 - Oct 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) 2,621.8 Oct 2024 monthly Jan 1957 - Oct 2024
Total Imports Growth (%) -5.9 Oct 2024 monthly Jan 1958 - Oct 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) 489.356 Oct 2024 monthly Jan 2007 - Oct 2024
Total Imports from USA (USD mn) 739.310 Oct 2024 monthly Jan 1973 - Oct 2024
Total Exports to China (USD mn) 375.499 Oct 2024 monthly Jan 2007 - Oct 2024
Total Imports from China (USD mn) 698.021 Oct 2024 monthly May 1992 - Oct 2024
Terms of Trade Index: 2007=100 (2007=100) 96.787 Oct 2024 monthly Jan 2014 - Oct 2024
BCE Forecast: Trade Balance: 2018=100 (USD mn) 3,097.200 2025 yearly 2024 - 2025
BCE Forecast: Exports: fob: 2018=100 (USD th) 31,848,323.000 2025 yearly 2024 - 2025
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
Export Value Index (2015=100) 145.654 2021 yearly 1980 - 2021
Import Value Index (2015=100) 119.376 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 1,473.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Current Account Balance: % of GDP (%) 4.8 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Direct Investment (USD mn) 73.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.2 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Portfolio Investment (USD mn) -24.262 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.2 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -24.443 Sep 2024 quarterly Mar 1999 - Sep 2024
External Debt (USD mn) 59,250.8 Oct 2024 monthly Jan 1994 - Oct 2024
External Debt: % of GDP (%) 49.6 2023 yearly 1970 - 2023
External Debt: Short Term (USD mn) 986.1 Sep 2024 quarterly Mar 2004 - Sep 2024
External Debt: Short Term: % of GDP (%) 1.6 2023 yearly 1970 - 2023
Forecast: Current Account Balance (USD bn) 3.608 2029 yearly 1980 - 2029
Net International Investment Position (USD) -18,707,079,496.587 Sep 2024 quarterly Mar 2016 - Sep 2024
BoP: CA: Goods & Services: Goods (USD mn) 1,405.024 Sep 2024 quarterly Mar 2016 - Sep 2024
BoP: CA: Goods & Services: Services (USD mn) -688.520 Sep 2024 quarterly Mar 2016 - Sep 2024
Gross External Debt: Long Term (USD mn) 59,522.334 Sep 2024 quarterly Mar 2004 - Sep 2024
Gross External Debt (USD mn) 61,229.061 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Direct Investment: BPM6 (USD th) 73,581.424 Sep 2024 quarterly Mar 2016 - Sep 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 (%) 5.9 Nov 2024 monthly Jan 2006 - Nov 2024
Household Debt: % of GDP (%) 17.2 Jun 2024 quarterly Dec 2006 - Jun 2024
Non-Performing Loans (USD mn) 3,873.587 Nov 2024 monthly Jan 2006 - Nov 2024
Money Supply M1 (USD mn) 30,432.593 Oct 2024 monthly Dec 2006 - Oct 2024
Money Supply M2 (USD mn) 85,874.271 Oct 2024 monthly Dec 2006 - Oct 2024
M2 Growth (%) 10.1 Oct 2024 monthly Dec 2007 - Oct 2024
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 5,357.5 Nov 2024 monthly Dec 1956 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 4.210 Jun 2024 quarterly Dec 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 2.3 Oct 2024 monthly Jan 2005 - Oct 2024
Gold Reserves (USD mn) 2,240.039 Nov 2024 monthly Dec 1956 - Nov 2024
Total Deposits (USD mn) 66,610.476 Nov 2024 monthly Jan 2006 - Nov 2024
Total Deposits Growth (%) 12.9 Nov 2024 monthly Jan 2007 - Nov 2024
Domestic Credit (USD mn) 74,025.7 Nov 2024 monthly Jan 2006 - Nov 2024
Domestic Credit Growth (%) 6.0 Nov 2024 monthly Jan 2007 - Nov 2024
Household Debt (USD mn) 21,809.4 Nov 2024 monthly Oct 2006 - Nov 2024
Total Loans (USD mn) 65,791.871 Nov 2024 monthly Jan 2006 - Nov 2024
Total Loans Growth (%) 5.15 Nov 2024 monthly Jan 2007 - Nov 2024
Private Debt: % of Nominal GDP (%) 54.45 Jun 2024 quarterly Mar 2004 - Jun 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 5.7 Nov 2024 monthly Feb 2011 - Nov 2024

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