Potential labour force in Latin America and the Caribbean: High income
Latin America and the Caribbean: High income: Potential labour force was 1,226 in 2027. ▼ Falling
Potential labour force in Latin America and the Caribbean: High income, 2004–2027
Source: International Labour Organization.
Analysis
In 2027, potential labour force in Latin America and the Caribbean: High income stood at 1,226.
The figure is up 0.9% on the previous year and up 0.7% over ten years.
Over the whole period, potential labour force in Latin America and the Caribbean: High income peaked at 2,212 in 2020 and was at its lowest, 1,202, in 2022.
Latin America and the Caribbean: High income ranks 79th of 87 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Potential labour force in Latin America and the Caribbean: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1,505 | — |
| 2005 | 1,494 | -0.7% |
| 2006 | 1,499 | +0.3% |
| 2007 | 1,443 | -3.7% |
| 2008 | 1,475 | +2.2% |
| 2009 | 1,578 | +7.0% |
| 2010 | 1,504 | -4.7% |
| 2011 | 1,392 | -7.4% |
| 2012 | 1,416 | +1.7% |
| 2013 | 1,453 | +2.6% |
| 2014 | 1,432 | -1.4% |
| 2015 | 1,421 | -0.7% |
| 2016 | 1,384 | -2.6% |
| 2017 | 1,218 | -12.0% |
| 2018 | 1,305 | +7.2% |
| 2019 | 1,279 | -2.0% |
| 2020 | 2,212 | +72.9% |
| 2021 | 1,469 | -33.6% |
| 2022 | 1,202 | -18.2% |
| 2023 | 1,227 | +2.1% |
| 2024 | 1,265 | +3.0% |
| 2025 | 1,206 | -4.6% |
| 2026 | 1,215 | +0.8% |
| 2027 | 1,226 | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,499 | 1,443 | 1,578 | 6 |
| 2010s | 1,380 | 1,218 | 1,504 | 10 |
| 2020s | 1,378 | 1,202 | 2,212 | 8 |
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)
- 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)
- Employment 17,964 (2025)
- Employment (ILO modelled estimates) 17,964 (2025)
- Employment (ILO modelled estimates), annual growth rate 0.8494 % change on previous year (2025)
- Employment (ILO modelled estimates) (15+), annual growth rate 0.8494 % change on previous year (2025)
Frequently asked questions
- What is potential labour force in Latin America and the Caribbean: High income?
- Potential labour force in Latin America and the Caribbean: High income was 1,226 in 2027, according to International Labour Organization.
- What is the highest potential labour force recorded in Latin America and the Caribbean: High income?
- The highest recorded value was 2,212 in 2020.
- What is the lowest potential labour force recorded in Latin America and the Caribbean: High income?
- The lowest recorded value was 1,202 in 2022.
- How does Latin America and the Caribbean: High income rank for potential labour force?
- Latin America and the Caribbean: High income ranks 79th out of 87 groups with data for 2027.
- Is potential labour force rising or falling in Latin America and the Caribbean: High income?
- Over the last ten years it is up 0.7%. 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 (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 potential labour force refers to persons not in employment who express an interest in this form of work but for whom existing conditions limit their active job search and/or their availability. This group is used to calculate alternative measures of labour underutilization. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.