Ecuador: Unemployment rate

* indicates monthly or quarterly data series

Unemployment rate, percent

 Latest value 3.4
 Reference Q4 2023
 Measure percent
 Data availability Q4 2013 - Q4 2023
 Average 4.74
 Min - Max 3.2 - 13.3
 Source National Institute of Statistics and Census of Ecuador
For that indicator, we provide data for Ecuador from Q4 2013 to Q4 2023. The average value for Ecuador during that period was 4.74 percent with a minimum of 3.2 percent in Q4 2022 and a maximum of 13.3 percent in Q2 2020. Click on the following link to see the values of Unemployment rate, percent around the world.
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* indicates monthly or quarterly data series

Recent values chart
Ecuador - Unemployment rate  - recent values

Historical chart
Ecuador - Unemployment rate  - historical chart - 2013-2023
Measure: percent
Source: National Institute of Statistics and Census of Ecuador

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Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.

 Related indicators Latest value Reference Measure
 Labor force 8.88 2022 million people
 Unemployment rate 3.76 2022 percent
 Female unemployment 4.72 2022 percent
 Male unemployment 3.41 2022 percent
 Youth unemployment 7.54 2023 percent
 Labor force participation 65.43 2023 percent
 Labor force: percent female 41.60 2022 percent
 Female labor force participation 53.19 2023 percent
 Male labor force participation 77.92 2023 percent
 Self-employment 53.30 2022 percent
 Informal employment 63.50 2019 percent
 Employment 8.45 Q3/2023 million employed people
 Unemployment rate 3.70 Q3/2023 percent
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