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Unemployment in Ecuador
The unemployment rate in Ecuador averaged 4.7% in the decade to 2022, below the 8.2% average for Latin America. The unemployment rate in 2022 was 4.3%. For more unemployment information, visit our dedicated page.
Ecuador Unemployment Chart
Nota: This chart displays Tasa de desempleo for Ecuador from 2013 to 2022.
Fuente: INEC Ecuador.
Ecuador Unemployment Datos
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Desempleo (% de la población activa, aop) | 4.1 | 4.4 | 5.0 | 5.2 | 4.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ecuadorian unemployment projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Ecuadorian unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ecuadorian unemployment projections.
Want to get access to the full dataset of Ecuadorian unemployment forecasts? Send an email to info@focus-economics.com.