Full-time equivalent employment (ILO modelled estimates) in CARICOM
CARICOM: Full-time equivalent employment (ILO modelled estimates) was 8,358 in 2027. ▲ Rising
Full-time equivalent employment (ILO modelled estimates) in CARICOM, 2005–2027
Source: International Labour Organization.
Analysis
CARICOM recorded 8,358 for full-time equivalent employment (ilo modelled estimates) in 2027. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 13.4% over ten years.
Over the whole period, full-time equivalent employment (ilo modelled estimates) in CARICOM peaked at 8,358 in 2027 and was at its lowest, 5,799, in 2005.
CARICOM ranks 84th of 87 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Full-time equivalent employment (ILO modelled estimates) in CARICOM, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5,799 | — |
| 2006 | 5,894 | +1.6% |
| 2007 | 6,005 | +1.9% |
| 2008 | 6,162 | +2.6% |
| 2009 | 6,251 | +1.5% |
| 2010 | 6,351 | +1.6% |
| 2011 | 6,483 | +2.1% |
| 2012 | 6,639 | +2.4% |
| 2013 | 6,789 | +2.3% |
| 2014 | 6,927 | +2.0% |
| 2015 | 7,106 | +2.6% |
| 2016 | 7,212 | +1.5% |
| 2017 | 7,371 | +2.2% |
| 2018 | 7,522 | +2.1% |
| 2019 | 7,655 | +1.8% |
| 2020 | 7,083 | -7.5% |
| 2021 | 7,548 | +6.6% |
| 2022 | 7,866 | +4.2% |
| 2023 | 8,057 | +2.4% |
| 2024 | 8,100 | +0.5% |
| 2025 | 8,184 | +1.0% |
| 2026 | 8,266 | +1.0% |
| 2027 | 8,358 | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,022 | 5,799 | 6,251 | 5 |
| 2010s | 7,005 | 6,351 | 7,655 | 10 |
| 2020s | 7,933 | 7,083 | 8,358 | 8 |
Countries ranked near CARICOM
- 81 Czechia 4,498 compare
- 82 Syria 4,262 compare
- 83 Azerbaijan 4,258 compare
- 84 South Sudan 4,177 compare
- 85 Switzerland 4,166 compare
- 86 Yemen 4,160 compare
- 87 Hungary 4,110 compare
More work & labour data for CARICOM
- Labour force (ILO modelled estimates) 9,122 (2027)
- Labour force participation rate (ILO modelled estimates) 63.66 (2027)
- Persons outside the labour force (ILO modelled estimates) 5,208 (2027)
- Output per worker, GDP constant 2015 US $ 16,073 (2027)
- Unemployment rate (ILO modelled estimates) 11.26 (2027)
- Labour dependency ratio 1.4 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 31,291 (2027)
- Employment-to-population ratio (ILO modelled estimates) 56.49 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.41 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.1 % change on previous year (2027)
Frequently asked questions
- What is full-time equivalent employment (ilo modelled estimates) in CARICOM?
- Full-time equivalent employment (ilo modelled estimates) in CARICOM was 8,358 in 2027, according to International Labour Organization.
- What is the highest full-time equivalent employment (ilo modelled estimates) recorded in CARICOM?
- The highest recorded value was 8,358 in 2027.
- What is the lowest full-time equivalent employment (ilo modelled estimates) recorded in CARICOM?
- The lowest recorded value was 5,799 in 2005.
- How does CARICOM rank for full-time equivalent employment (ilo modelled estimates)?
- CARICOM ranks 84th out of 87 groups with data for 2027.
- Is full-time equivalent employment (ilo modelled estimates) rising or falling in CARICOM?
- Over the last ten years it is up 13.4%. The long-run trend across the full record is rising.
- Where does this CARICOM data come from?
- The figures come from International Labour Organization, published as part of Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week). Statizoid updates them automatically from the source API.
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About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This indicator refers to total weekly hours actually worked for employed persons in their main job divided by 40 or 48. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.