Jobs gap (ILO modelled estimates) in Latin America and the Caribbean: Lower-middle income
Latin America and the Caribbean: Lower-middle income: Jobs gap (ILO modelled estimates) was 4,763 in 2027. ▲ Rising
Jobs gap in Latin America and the Caribbean: Lower-middle income, 2004–2027
Source: International Labour Organization.
Analysis
In 2027, jobs gap in Latin America and the Caribbean: Lower-middle income stood at 4,763.
The figure is up 1.5% on the previous year and up 20.3% over ten years.
Over the whole period, jobs gap in Latin America and the Caribbean: Lower-middle income peaked at 5,205 in 2020 and was at its lowest, 3,138, in 2004.
Latin America and the Caribbean: Lower-middle income ranks 72nd of 87 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Jobs gap (ILO modelled estimates) in Latin America and the Caribbean: Lower-middle income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 3,138 | — |
| 2005 | 3,301 | +5.2% |
| 2006 | 3,393 | +2.8% |
| 2007 | 3,565 | +5.1% |
| 2008 | 3,479 | -2.4% |
| 2009 | 3,565 | +2.5% |
| 2010 | 3,616 | +1.4% |
| 2011 | 3,527 | -2.5% |
| 2012 | 3,470 | -1.6% |
| 2013 | 3,650 | +5.2% |
| 2014 | 3,821 | +4.7% |
| 2015 | 3,897 | +2.0% |
| 2016 | 3,981 | +2.2% |
| 2017 | 3,960 | -0.5% |
| 2018 | 4,109 | +3.8% |
| 2019 | 4,123 | +0.3% |
| 2020 | 5,205 | +26.3% |
| 2021 | 4,722 | -9.3% |
| 2022 | 4,440 | -6.0% |
| 2023 | 4,310 | -2.9% |
| 2024 | 4,511 | +4.7% |
| 2025 | 4,609 | +2.2% |
| 2026 | 4,693 | +1.8% |
| 2027 | 4,763 | +1.5% |
Biggest year-on-year movements
Years where Jobs gap (ILO modelled estimates) in Latin America and the Caribbean: Lower-middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +26.3% | 4,123 | 5,205 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,407 | 3,138 | 3,565 | 6 |
| 2010s | 3,815 | 3,470 | 4,123 | 10 |
| 2020s | 4,657 | 4,310 | 5,205 | 8 |
Countries ranked near Latin America and the Caribbean: Lower-middle income
More work & labour data for Latin America and the Caribbean: Lower-middle income
- Labour force (ILO modelled estimates) 20,680 (2027)
- Labour force participation rate (ILO modelled estimates) 66.85 (2027)
- Persons outside the labour force (ILO modelled estimates) 10,255 (2027)
- Unemployment rate (ILO modelled estimates) 6.79 (2027)
- Labour dependency ratio 1.26 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 15,281 (2027)
- Output per worker, GDP constant 2015 US $ 5,320 (2027)
- Employment-to-population ratio (ILO modelled estimates) 62.31 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.74 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.88 % change on previous year (2027)
All data for Latin America and the Caribbean: Lower-middle income →
Frequently asked questions
- What is jobs gap in Latin America and the Caribbean: Lower-middle income?
- Jobs gap in Latin America and the Caribbean: Lower-middle income was 4,763 in 2027, according to International Labour Organization.
- What is the highest jobs gap recorded in Latin America and the Caribbean: Lower-middle income?
- The highest recorded value was 5,205 in 2020.
- What is the lowest jobs gap recorded in Latin America and the Caribbean: Lower-middle income?
- The lowest recorded value was 3,138 in 2004.
- How does Latin America and the Caribbean: Lower-middle income rank for jobs gap?
- Latin America and the Caribbean: Lower-middle income ranks 72nd out of 87 groups with data for 2027.
- Is jobs gap rising or falling in Latin America and the Caribbean: Lower-middle income?
- Over the last ten years it is up 20.3%. 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 Jobs gap (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
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. The jobs gap is defined as the sum of the unemployed, the potential labour force and willing non-jobseekers. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.