Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High income
Latin America and the Caribbean: High income: Potential labour force and willing non-jobseekers rate was 10.2 in 2027. ▼ Falling
Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High income, 2004–2027
Source: International Labour Organization.
Analysis
The most recent figure for potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High income is 10.2, measured in 2027.
Compared with earlier readings it is down 8.9% over ten years.
Over the whole period, potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High income peaked at 16.5 in 2020 and was at its lowest, 10, in 2023.
Latin America and the Caribbean: High income ranks 13th of 87 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 14.8 | — |
| 2005 | 14.4 | -2.7% |
| 2006 | 14.2 | -1.4% |
| 2007 | 13.7 | -3.5% |
| 2008 | 13.7 | +0.0% |
| 2009 | 14.2 | +3.6% |
| 2010 | 13.5 | -4.9% |
| 2011 | 12.7 | -5.9% |
| 2012 | 12.5 | -1.6% |
| 2013 | 12.6 | +0.8% |
| 2014 | 12.3 | -2.4% |
| 2015 | 12.2 | -0.8% |
| 2016 | 12.1 | -0.8% |
| 2017 | 11.2 | -7.4% |
| 2018 | 11.4 | +1.8% |
| 2019 | 11.1 | -2.6% |
| 2020 | 16.5 | +48.6% |
| 2021 | 12.2 | -26.1% |
| 2022 | 10.1 | -17.2% |
| 2023 | 10 | -1.0% |
| 2024 | 10.2 | +2.0% |
| 2025 | 10.2 | +0.0% |
| 2026 | 10.2 | +0.0% |
| 2027 | 10.2 | +0.0% |
Biggest year-on-year movements
Years where Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High 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 | +48.6% | 11.1 | 16.5 |
| 2021 | -26.1% | 16.5 | 12.2 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.17 | 13.7 | 14.8 | 6 |
| 2010s | 12.16 | 11.1 | 13.5 | 10 |
| 2020s | 11.2 | 10 | 16.5 | 8 |
Countries ranked near Latin America and the Caribbean: High income
- 10 Guyana 11.3 compare
- 11 Rwanda 10.5 compare
- 12 Netherlands 9.7 compare
- 13 Kyrgyzstan 9.6 compare
- 14 Italy 9.4 compare
- 15 Switzerland 8.9 compare
- 16 Luxembourg 8.2 compare
More work & labour data for Latin America and the Caribbean: High income
- Labour force (ILO modelled estimates) 19,892 (2027)
- Labour force participation rate (ILO modelled estimates) 60.43 (2027)
- Persons outside the labour force (ILO modelled estimates) 13,027 (2027)
- Unemployment rate (ILO modelled estimates) 8.14 (2027)
- Labour dependency ratio 1.17 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 76,690 (2027)
- Output per worker, GDP constant 2015 US $ 40,488 (2027)
- Employment-to-population ratio (ILO modelled estimates) 55.51 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.8477 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.8323 % change on previous year (2027)
Frequently asked questions
- What is potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High income?
- Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean: High income was 10.2 in 2027, according to International Labour Organization.
- What is the highest potential labour force and willing non-jobseekers rate recorded in Latin America and the Caribbean: High income?
- The highest recorded value was 16.5 in 2020.
- What is the lowest potential labour force and willing non-jobseekers rate recorded in Latin America and the Caribbean: High income?
- The lowest recorded value was 10 in 2023.
- How does Latin America and the Caribbean: High income rank for potential labour force and willing non-jobseekers rate?
- Latin America and the Caribbean: High income ranks 13th out of 87 groups with data for 2027.
- Is potential labour force and willing non-jobseekers rate rising or falling in Latin America and the Caribbean: High income?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is falling.
- Where does this Latin America and the Caribbean: High income data come from?
- The figures come from International Labour Organization, published as part of Potential labour force and willing non-jobseekers rate (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. The potential labour force and willing non-jobseekers includes those who have been recently searching for a job but are not available to work within a short reference period, those who have not searched recently for a job, but they are available to work within a short reference period, and finally those who do not fall in neither of the previous categories but that wanted employment. The rate refers to this group divided by the sum of the extended labour force and willing non-jobseekers. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.