Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean
Latin America and the Caribbean: Potential labour force and willing non-jobseekers rate was 8 in 2027. ▼ Falling
Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean, 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 is 8, measured in 2027. That is the lowest value across all 24 years on record.
The figure is down 15.8% over ten years.
Over the whole period, potential labour force and willing non-jobseekers rate in Latin America and the Caribbean peaked at 12.6 in 2020 and was at its lowest, 8, in 2026.
That places Latin America and the Caribbean 27th out of 87 groups with data for 2027, putting it in the middle of the range.
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, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.7 | — |
| 2005 | 10.4 | -2.8% |
| 2006 | 10.2 | -1.9% |
| 2007 | 10.1 | -1.0% |
| 2008 | 9.7 | -4.0% |
| 2009 | 9.9 | +2.1% |
| 2010 | 9.8 | -1.0% |
| 2011 | 9.6 | -2.0% |
| 2012 | 9.5 | -1.0% |
| 2013 | 9.2 | -3.2% |
| 2014 | 8.8 | -4.3% |
| 2015 | 8.9 | +1.1% |
| 2016 | 9.3 | +4.5% |
| 2017 | 9.5 | +2.2% |
| 2018 | 9.5 | +0.0% |
| 2019 | 9.5 | +0.0% |
| 2020 | 12.6 | +32.6% |
| 2021 | 10.4 | -17.5% |
| 2022 | 8.8 | -15.4% |
| 2023 | 8.4 | -4.5% |
| 2024 | 8.3 | -1.2% |
| 2025 | 8.1 | -2.4% |
| 2026 | 8 | -1.2% |
| 2027 | 8 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.17 | 9.7 | 10.7 | 6 |
| 2010s | 9.36 | 8.8 | 9.8 | 10 |
| 2020s | 9.07 | 8 | 12.6 | 8 |
Countries ranked near Latin America and the Caribbean
More work & labour data for Latin America and the Caribbean
- Persons outside the labour force (ILO modelled estimates) 198,545 (2027)
- Labour force participation rate (ILO modelled estimates) 62.53 (2027)
- Labour force (ILO modelled estimates) 331,299 (2027)
- Unemployment rate (ILO modelled estimates) 5.1 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9209 % change on previous year (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.34 % change on previous year (2027)
- Labour dependency ratio 1.15 (2027)
- Output per worker, GDP constant 2015 US $ 20,218 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 44,022 (2027)
- Employment-to-population ratio (ILO modelled estimates) 59.34 (2027)
Frequently asked questions
- What is potential labour force and willing non-jobseekers rate in Latin America and the Caribbean?
- Potential labour force and willing non-jobseekers rate in Latin America and the Caribbean was 8 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?
- The highest recorded value was 12.6 in 2020.
- What is the lowest potential labour force and willing non-jobseekers rate recorded in Latin America and the Caribbean?
- The lowest recorded value was 8 in 2026.
- How does Latin America and the Caribbean rank for potential labour force and willing non-jobseekers rate?
- Latin America and the Caribbean ranks 27th 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?
- Over the last ten years it is down 15.8%. The long-run trend across the full record is falling.
- Where does this Latin America and the Caribbean 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.