Ecuador Labour Force Participation Rate
2013 - 2024 | Quarterly | % | CEIC Data
Key information about Ecuador Labour Force Participation Rate
- Ecuador Labour Force Participation Rate dropped to 64.1 % in Dec 2024, compared with 65.5 % in the previous quarter.
- Ecuador Labour Force Participation Rate is updated quarterly, available from Dec 2013 to Dec 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 18.0 million people in Dec 2024.
- Unemployment Rate of Ecuador dropped to 3.4 % in Dec 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 Dec 2024 in the chart:
What was Ecuador's Labour Force Participation Rate in Dec 2024?
Ecuador Labour Force Participation Rate dropped to 64.1 % in Dec 2024, compared with 65.5 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 64.1 Dec 2024 | 65.5 Sep 2024 | 62.0 Jun 2014 | 69.2 Sep 2016 | % | quarterly | Dec 2013 - Dec 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 (%) | 62.3 2023 | yearly | 1990 - 2023 |
| Armenia (%) | 60.2 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Australia (%) | 67.6 Dec 2024 | monthly | Feb 1978 - Dec 2024 |
| Austria (%) | 77.1 Jun 2022 | quarterly | Mar 2021 - Jun 2022 |
| Azerbaijan (%) | 63.5 2023 | yearly | 1990 - 2023 |
| Bahrain (%) | 70.9 2023 | yearly | 1990 - 2023 |
| Bangladesh (%) | 61.7 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 (%) | 68.3 2023 | yearly | 1990 - 2023 |
| Brazil (%) | 62.6 Dec 2024 | monthly | Mar 2012 - Dec 2024 |
| Brunei (%) | 64.0 2023 | yearly | 1990 - 2023 |
| Bulgaria (%) | 55.5 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
| Cambodia (%) | 87.4 2020 | yearly | 2020 - 2020 |
| Canada (%) | 64.8 Jan 2025 | monthly | Jan 1976 - Jan 2025 |
| Chile (%) | 61.6 Dec 2024 | monthly | Mar 2009 - Dec 2024 |
| China (%) | 65.8 2023 | yearly | 1990 - 2023 |
| Colombia (%) | 64.4 Dec 2024 | monthly | Jan 2001 - Dec 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 (%) | 73.8 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Ecuador (%) | 64.1 Dec 2024 | quarterly | Dec 2013 - Dec 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 (%) | 66.8 Dec 2024 | monthly | May 2004 - Dec 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 (%) | 63.4 2023 | yearly | 1990 - 2023 |
| Greece (%) | 60.2 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Hong Kong SAR, China (%) | 56.9 Nov 2024 | monthly | Dec 1981 - Nov 2024 |
| Hungary (%) | 68.0 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Iceland (%) | 78.0 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| India (%) | 45.1 2024 | yearly | 1990 - 2024 |
| 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 (%) | 62.8 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
| Italy (%) | 66.9 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Ivory Coast (%) | 66.7 2023 | yearly | 1990 - 2023 |
| Japan (%) | 63.4 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Jordan (%) | 38.5 2023 | yearly | 1990 - 2023 |
| Kazakhstan (%) | 68.4 Sep 2024 | quarterly | Jun 2001 - Sep 2024 |
| Kenya (%) | 67.0 2023 | yearly | 1990 - 2023 |
| South Korea (%) | 63.4 Jan 2025 | monthly | Jun 1999 - Jan 2025 |
| Kosovo (%) | 42.3 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Kuwait (%) | 74.1 2023 | yearly | 1990 - 2023 |
| Kyrgyzstan (%) | 58.7 2023 | yearly | 1994 - 2023 |
| Laos (%) | 66.0 2023 | yearly | 1990 - 2023 |
| Latvia (%) | 68.8 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Lebanon (%) | 45.8 2023 | yearly | 1990 - 2023 |
| Lithuania (%) | 63.2 Dec 2024 | quarterly | Jun 1998 - Dec 2024 |
| Luxembourg (%) | 55.0 2023 | yearly | 2000 - 2023 |
| Macau SAR, China (%) | 67.7 Dec 2024 | monthly | Sep 1996 - Dec 2024 |
| North Macedonia (%) | 52.1 Jun 2024 | quarterly | Mar 2023 - Jun 2024 |
| Malawi (%) | 67.3 2023 | yearly | 1990 - 2023 |
| Malaysia (%) | 70.5 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Malta (%) | 82.9 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Mauritius (%) | 58.5 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Mexico (%) | 59.3 Dec 2024 | monthly | Jan 2005 - Dec 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 (%) | 39.8 2023 | yearly | 1990 - 2023 |
| Netherlands (%) | 73.2 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| New Zealand (%) | 71.3 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
| Nigeria (%) | 82.6 2023 | yearly | 1990 - 2023 |
| Norway (%) | 65.3 2023 | yearly | 1989 - 2023 |
| Oman (%) | 67.8 2023 | yearly | 1990 - 2023 |
| Pakistan (%) | 32.3 2021 | yearly | 1990 - 2021 |
| Palestinian Territory (%) | 45.6 Jun 2024 | quarterly | Jun 2002 - Jun 2024 |
| Panama (%) | 63.3 2024 | yearly | 2003 - 2024 |
| 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 (%) | 58.6 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Portugal (%) | 60.5 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Qatar (%) | 87.7 2023 | yearly | 2006 - 2023 |
| Romania (%) | 51.5 Sep 2024 | quarterly | Mar 1996 - Sep 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 (%) | 58.5 Dec 2024 | quarterly | Mar 2021 - Dec 2024 |
| Sri Lanka (%) | 46.6 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Sudan (%) | 47.6 2023 | yearly | 1990 - 2023 |
| Sweden (%) | 74.1 Dec 2024 | monthly | Apr 2005 - Dec 2024 |
| Switzerland (%) | 67.6 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Syria (%) | 38.0 2023 | yearly | 1990 - 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doEcuador Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 Sep 2024 | quarterly | Dec 2000 - Sep 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 (%) | 14.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| National Government Debt (USD mn) | 82,846.8 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Government Debt: % of GDP (%) | 67.4 Sep 2024 | quarterly | Dec 2005 - Sep 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) | 1,205.850 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Balance (USD mn) | -1,205.850 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Expenditure excl Amortization (USD mn) | 2,777.894 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Revenue (USD mn) | 1,572.044 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 487.9 Nov 2024 | monthly | Mar 1992 - Nov 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 18.5 Nov 2024 | monthly | Jan 1966 - Nov 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) | 2,651.0 Nov 2024 | monthly | Jan 1957 - Nov 2024 |
| Total Imports Growth (%) | -3.6 Nov 2024 | monthly | Jan 1958 - Nov 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) | 528.656 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Total Imports from USA (USD mn) | 893.277 Dec 2024 | monthly | Jan 1973 - Dec 2024 |
| Total Exports to China (USD mn) | 447.691 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Total Imports from China (USD mn) | 602.610 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Terms of Trade Index: 2007=100 (2007=100) | 95.804 Dec 2024 | monthly | Jan 2014 - Dec 2024 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 3,097.200 2025 | yearly | 2024 - 2025 |
| Exports: FOB: Petroleum: Crude Petroleum (USD th) | 585,206.846 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) | 330,692.663 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 31,848,323.000 2025 | yearly | 2024 - 2025 |
| Exports: FOB: America: United States (USD mn) | 528.656 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Exports: FOB: Asia: People's Republic of China (USD mn) | 447.691 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Exports: FOB: America: ALADI: Panama (USD mn) | 549.766 Nov 2024 | monthly | Jan 2012 - Nov 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) | 331,483.999 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Imports: CIF: Fuels And Lubricants (USD th) | 635,447.590 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Imports: CIF: America: ALADI: Panama (USD mn) | 5.008 Nov 2024 | monthly | Mar 2019 - Nov 2024 |
| 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 (%) | -0.1 Sep 2024 | quarterly | Mar 1999 - Sep 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) | 58,167.5 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| External Debt: % of GDP (%) | 48.7 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 (%) | 1.5 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 |
| External Debt: Private (USD mn) | 8,767.811 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| External Debt: Public (USD mn) | 49,399.679 Nov 2024 | monthly | Jan 1994 - Nov 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: Asia: China (USD th) | 12,350.723 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Europe: Netherlands (USD th) | 23,806.340 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.3 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Household Debt: % of GDP (%) | 17.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Non-Performing Loans (USD mn) | 3,542.798 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Money Supply M1 (USD mn) | 31,044.443 Nov 2024 | monthly | Dec 2006 - Nov 2024 |
| Money Supply M2 (USD mn) | 86,665.568 Nov 2024 | monthly | Dec 2006 - Nov 2024 |
| M2 Growth (%) | 10.6 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 4,869.1 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 5.127 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Gold Reserves (USD mn) | 2,376.078 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Total Deposits (USD mn) | 68,090.944 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Total Deposits Growth (%) | 12.7 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Domestic Credit (USD mn) | 74,824.0 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Domestic Credit Growth (%) | 5.1 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Household Debt (USD mn) | 21,883.4 Dec 2024 | monthly | Oct 2006 - Dec 2024 |
| Total Loans (USD mn) | 66,189.221 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Total Loans Growth (%) | 5.92 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 54.12 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| International Reserve: Net Currency Position (USD mn) | 4,869.126 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 7.5 Dec 2024 | monthly | Feb 2011 - Dec 2024 |
More Indicators for Ecuador
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.