Full-time equivalent employment (ILO modelled estimates) in Latin America and the Caribbean: Lower-middle income

Latin America and the Caribbean: Lower-middle income: Full-time equivalent employment (ILO modelled estimates) was 19,186 in 2027. ▲ Rising

Latest (2027)
19,186
Change on year
up 1.9%
Rank
76th
of 87 groups
All-time high
19,186
in 2027
All-time low
11,523
in 2005
Years of data
23
2005–2027

Full-time equivalent employment (ILO modelled estimates) in Latin America and the Caribbean: Lower-middle income, 2005–2027

05.0k10.0k15.0k20.0k2005201620272005: 11.5k2006: 11.8k2007: 12.2k2008: 12.3k2009: 12.6k2010: 12.9k2011: 13.4k2012: 13.7k2013: 14.0k2014: 14.7k2015: 14.9k2016: 15.3k2017: 15.6k2018: 16.1k2019: 16.5k2020: 15.0k2021: 16.8k2022: 17.1k2023: 17.6k2024: 18.1k2025: 18.5k2026: 18.8k2027: 19.2k

Source: International Labour Organization.

Analysis

Latin America and the Caribbean: Lower-middle income recorded 19,186 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 1.9% on the previous year and up 23.4% over ten years.

Over the whole period, full-time equivalent employment (ilo modelled estimates) in Latin America and the Caribbean: Lower-middle income peaked at 19,186 in 2027 and was at its lowest, 11,523, in 2005.

Latin America and the Caribbean: Lower-middle income ranks 76th 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 Latin America and the Caribbean: Lower-middle income, year by year

Annual values for Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week) in Latin America and the Caribbean: Lower-middle income, 2005 to 2027.
Year Value Change
2005 11,523
2006 11,808 +2.5%
2007 12,189 +3.2%
2008 12,314 +1.0%
2009 12,588 +2.2%
2010 12,886 +2.4%
2011 13,360 +3.7%
2012 13,711 +2.6%
2013 14,043 +2.4%
2014 14,658 +4.4%
2015 14,938 +1.9%
2016 15,333 +2.6%
2017 15,551 +1.4%
2018 16,141 +3.8%
2019 16,477 +2.1%
2020 15,003 -8.9%
2021 16,757 +11.7%
2022 17,144 +2.3%
2023 17,594 +2.6%
2024 18,083 +2.8%
2025 18,451 +2.0%
2026 18,820 +2.0%
2027 19,186 +1.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12,084 11,523 12,588 5
2010s 14,710 12,886 16,477 10
2020s 17,630 15,003 19,186 8

Countries ranked near Latin America and the Caribbean: Lower-middle income

  1. 73 Bolivia, Plurinational State of 6,710 compare
  2. 74 Malawi 6,449 compare
  3. 75 Chad 5,362 compare
  4. 76 Dominican Republic 5,298 compare
  5. 77 Guinea 4,808 compare
  6. 78 Haiti 4,800 compare
  7. 79 Cuba 4,774 compare

See the full ranking of 276 places →

More work & labour data for Latin America and the Caribbean: Lower-middle income

All data for Latin America and the Caribbean: Lower-middle income →

Frequently asked questions

What is full-time equivalent employment (ilo modelled estimates) in Latin America and the Caribbean: Lower-middle income?
Full-time equivalent employment (ilo modelled estimates) in Latin America and the Caribbean: Lower-middle income was 19,186 in 2027, according to International Labour Organization.
What is the highest full-time equivalent employment (ilo modelled estimates) recorded in Latin America and the Caribbean: Lower-middle income?
The highest recorded value was 19,186 in 2027.
What is the lowest full-time equivalent employment (ilo modelled estimates) recorded in Latin America and the Caribbean: Lower-middle income?
The lowest recorded value was 11,523 in 2005.
How does Latin America and the Caribbean: Lower-middle income rank for full-time equivalent employment (ilo modelled estimates)?
Latin America and the Caribbean: Lower-middle income ranks 76th out of 87 groups with data for 2027.
Is full-time equivalent employment (ilo modelled estimates) rising or falling in Latin America and the Caribbean: Lower-middle income?
Over the last ten years it is up 23.4%. The long-run trend across the full record is rising.
Where does this Latin America and the Caribbean: Lower-middle income 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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Full-time equivalent employment (ILO modelled estimates) in Latin America and the Caribbean: Lower-middle income. Statizoid, drawing on International Labour Organization. Retrieved 08 September 2026, from https://labour.statizoid.com/stat/full-time-equivalent-employment-ilo-modelled-estimates-based-on-40-hours-per-week/latin-america-and-the-caribbean-lower-middle-income/

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About this data

Indicator
Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 6,324 data points, 2005–2027
Last refreshed

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.