Jobs gap in Latin America and the Caribbean
Latin America and the Caribbean: Jobs gap was 45,788 in 2027. ▲ Rising
Jobs gap in Latin America and the Caribbean, 2004–2027
Source: International Labour Organization.
Analysis
The most recent figure for jobs gap in Latin America and the Caribbean is 45,788, measured in 2027.
The figure is down 0.2% on the previous year and down 17.4% over ten years.
Over the whole period, jobs gap in Latin America and the Caribbean peaked at 71,866 in 2020 and was at its lowest, 45,424, in 2014.
That places Latin America and the Caribbean 25th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Jobs gap in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 50,547 | — |
| 2005 | 49,780 | -1.5% |
| 2006 | 48,654 | -2.3% |
| 2007 | 47,863 | -1.6% |
| 2008 | 46,267 | -3.3% |
| 2009 | 50,550 | +9.3% |
| 2010 | 49,233 | -2.6% |
| 2011 | 47,598 | -3.3% |
| 2012 | 47,496 | -0.2% |
| 2013 | 46,903 | -1.2% |
| 2014 | 45,424 | -3.2% |
| 2015 | 47,898 | +5.4% |
| 2016 | 52,960 | +10.6% |
| 2017 | 55,407 | +4.6% |
| 2018 | 56,168 | +1.4% |
| 2019 | 57,166 | +1.8% |
| 2020 | 71,866 | +25.7% |
| 2021 | 63,455 | -11.7% |
| 2022 | 52,020 | -18.0% |
| 2023 | 48,786 | -6.2% |
| 2024 | 48,035 | -1.5% |
| 2025 | 46,351 | -3.5% |
| 2026 | 45,861 | -1.1% |
| 2027 | 45,788 | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 48,944 | 46,267 | 50,550 | 6 |
| 2010s | 50,625 | 45,424 | 57,166 | 10 |
| 2020s | 52,770 | 45,788 | 71,866 | 8 |
More work & labour data for Latin America and the Caribbean
- Labour force (ILO modelled estimates) 331,299 (2027)
- Labour force participation rate (ILO modelled estimates) 62.53 (2027)
- Persons outside the labour force (ILO modelled estimates) 198,545 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.34 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9209 % change on previous year (2027)
- Output per worker, GDP constant 2021 international $ at PPP 44,022 (2027)
- Unemployment rate (ILO modelled estimates) 5.1 (2027)
- Labour dependency ratio 1.15 (2027)
- Employment-to-population ratio (ILO modelled estimates) 59.34 (2027)
- Output per worker, GDP constant 2015 US $ 20,218 (2027)
Frequently asked questions
- What is jobs gap in Latin America and the Caribbean?
- Jobs gap in Latin America and the Caribbean was 45,788 in 2027, according to International Labour Organization.
- What is the highest jobs gap recorded in Latin America and the Caribbean?
- The highest recorded value was 71,866 in 2020.
- What is the lowest jobs gap recorded in Latin America and the Caribbean?
- The lowest recorded value was 45,424 in 2014.
- How does Latin America and the Caribbean rank for jobs gap?
- Latin America and the Caribbean ranks 25th out of 87 groups with data for 2027.
- Is jobs gap rising or falling in Latin America and the Caribbean?
- Over the last ten years it is down 17.4%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean 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.