Labour dependency ratio in Latin America and the Caribbean: Upper-middle income

Latin America and the Caribbean: Upper-middle income: Labour dependency ratio was 1.14 in 2027. ▼ Falling

Latest (2027)
1.14
Change on year
down 0.8%
Rank
58th
of 87 groups
All-time high
1.68
in 1991
All-time low
1.14
in 2027
Years of data
37
1991–2027

Labour dependency ratio in Latin America and the Caribbean: Upper-middle income, 1991–2027

00.511.51991200920271991: 1.71992: 1.61993: 1.61994: 1.61995: 1.61996: 1.61997: 1.61998: 1.61999: 1.62000: 1.62001: 1.52002: 1.52003: 1.52004: 1.42005: 1.42006: 1.42007: 1.32008: 1.32009: 1.32010: 1.32011: 1.32012: 1.32013: 1.32014: 1.32015: 1.32016: 1.32017: 1.32018: 1.32019: 1.22020: 1.52021: 1.32022: 1.22023: 1.22024: 1.22025: 1.22026: 1.12027: 1.1

Source: International Labour Organization.

Analysis

The most recent figure for labour dependency ratio in Latin America and the Caribbean: Upper-middle income is 1.14, measured in 2027. That is the lowest value across all 37 years on record.

That represents a change of down 0.8% on the previous year and down 11.1% over ten years.

Over the whole period, labour dependency ratio in Latin America and the Caribbean: Upper-middle income peaked at 1.68 in 1991 and was at its lowest, 1.14, in 2027.

Latin America and the Caribbean: Upper-middle income ranks 58th of 87 groups on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 37 years of available data.

Labour dependency ratio in Latin America and the Caribbean: Upper-middle income, year by year

Annual values for Labour dependency ratio (ILO modelled estimates) in Latin America and the Caribbean: Upper-middle income, 1991 to 2027.
Year Value Change
1991 1.68
1992 1.65 -1.7%
1993 1.61 -2.5%
1994 1.6 -0.5%
1995 1.61 +0.9%
1996 1.63 +0.9%
1997 1.57 -3.3%
1998 1.56 -0.8%
1999 1.57 +0.6%
2000 1.56 -0.8%
2001 1.52 -2.1%
2002 1.51 -0.7%
2003 1.48 -2.1%
2004 1.43 -3.2%
2005 1.39 -3.0%
2006 1.35 -2.8%
2007 1.33 -1.4%
2008 1.31 -1.5%
2009 1.31 +0.1%
2010 1.31 -0.5%
2011 1.29 -0.9%
2012 1.27 -1.9%
2013 1.27 +0.0%
2014 1.26 -0.5%
2015 1.26 -0.2%
2016 1.28 +1.5%
2017 1.28 -0.3%
2018 1.26 -0.9%
2019 1.25 -1.2%
2020 1.46 +16.7%
2021 1.32 -9.4%
2022 1.22 -7.4%
2023 1.2 -2.2%
2024 1.17 -1.9%
2025 1.16 -1.5%
2026 1.14 -1.0%
2027 1.14 -0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.61 1.56 1.68 9
2000s 1.42 1.31 1.56 10
2010s 1.27 1.25 1.31 10
2020s 1.23 1.14 1.46 8

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

  1. 55 Suriname 1.69 compare
  2. 56 Venezuela, Bolivarian Republic of 1.69 compare
  3. 57 Bosnia and Herzegovina 1.68 compare
  4. 58 Zimbabwe 1.67 compare
  5. 59 French Polynesia 1.65 compare
  6. 60 Honduras 1.65 compare
  7. 60 North Macedonia 1.65 compare

See the full ranking of 276 places →

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

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

Frequently asked questions

What is labour dependency ratio in Latin America and the Caribbean: Upper-middle income?
Labour dependency ratio in Latin America and the Caribbean: Upper-middle income was 1.14 in 2027, according to International Labour Organization.
What is the highest labour dependency ratio recorded in Latin America and the Caribbean: Upper-middle income?
The highest recorded value was 1.68 in 1991.
What is the lowest labour dependency ratio recorded in Latin America and the Caribbean: Upper-middle income?
The lowest recorded value was 1.14 in 2027.
How does Latin America and the Caribbean: Upper-middle income rank for labour dependency ratio?
Latin America and the Caribbean: Upper-middle income ranks 58th out of 87 groups with data for 2027.
Is labour dependency ratio rising or falling in Latin America and the Caribbean: Upper-middle income?
Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
Where does this Latin America and the Caribbean: Upper-middle income data come from?
The figures come from International Labour Organization, published as part of Labour dependency ratio (ILO modelled estimates). Statizoid updates them automatically from the source API.

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Labour dependency ratio in Latin America and the Caribbean: Upper-middle income. Statizoid, drawing on International Labour Organization. Retrieved 06 September 2026, from https://labour.statizoid.com/stat/labour-dependency-ratio-ilo-modelled-estimates/latin-america-and-the-caribbean-upper-middle-income/

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About this data

Indicator
Labour dependency ratio (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
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 provides the ratio of dependents (persons aged 0 to 14 + persons aged 15 and above that are either outside the labour force or unemployed) to total employment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.