Potential labour force in Latin America and the Caribbean: Lower-middle income

Latin America and the Caribbean: Lower-middle income: Potential labour force was 2,180 in 2027. ▲ Rising

Latest (2027)
2,180
Change on year
up 1.7%
Rank
67th
of 87 groups
All-time high
2,180
in 2027
All-time low
1,471
in 2004
Years of data
24
2004–2027

Potential labour force in Latin America and the Caribbean: Lower-middle income, 2004–2027

05001.0k1.5k2.0k2004201520272004: 1.5k2005: 1.6k2006: 1.6k2007: 1.8k2008: 1.6k2009: 1.6k2010: 1.6k2011: 1.6k2012: 1.6k2013: 1.6k2014: 1.7k2015: 1.8k2016: 1.8k2017: 1.8k2018: 1.8k2019: 1.8k2020: 2.2k2021: 2.0k2022: 1.9k2023: 1.9k2024: 2.0k2025: 2.1k2026: 2.1k2027: 2.2k

Source: International Labour Organization.

Analysis

The most recent figure for potential labour force in Latin America and the Caribbean: Lower-middle income is 2,180, measured in 2027. That is the highest value across all 24 years on record.

That represents a change of up 1.7% on the previous year and up 22.9% over ten years.

Over the whole period, potential labour force in Latin America and the Caribbean: Lower-middle income peaked at 2,180 in 2027 and was at its lowest, 1,471, in 2004.

Latin America and the Caribbean: Lower-middle income ranks 67th of 87 groups on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Potential labour force in Latin America and the Caribbean: Lower-middle income, year by year

Annual values for Potential labour force (ILO modelled estimates) in Latin America and the Caribbean: Lower-middle income, 2004 to 2027.
Year Value Change
2004 1,471
2005 1,612 +9.6%
2006 1,650 +2.4%
2007 1,755 +6.4%
2008 1,644 -6.3%
2009 1,640 -0.2%
2010 1,644 +0.3%
2011 1,600 -2.7%
2012 1,603 +0.2%
2013 1,646 +2.7%
2014 1,750 +6.3%
2015 1,762 +0.7%
2016 1,791 +1.6%
2017 1,774 -1.0%
2018 1,805 +1.8%
2019 1,758 -2.6%
2020 2,159 +22.8%
2021 1,987 -8.0%
2022 1,913 -3.7%
2023 1,921 +0.4%
2024 2,049 +6.7%
2025 2,099 +2.4%
2026 2,144 +2.1%
2027 2,180 +1.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,629 1,471 1,755 6
2010s 1,713 1,600 1,805 10
2020s 2,057 1,913 2,180 8

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

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

Frequently asked questions

What is potential labour force in Latin America and the Caribbean: Lower-middle income?
Potential labour force in Latin America and the Caribbean: Lower-middle income was 2,180 in 2027, according to International Labour Organization.
What is the highest potential labour force recorded in Latin America and the Caribbean: Lower-middle income?
The highest recorded value was 2,180 in 2027.
What is the lowest potential labour force recorded in Latin America and the Caribbean: Lower-middle income?
The lowest recorded value was 1,471 in 2004.
How does Latin America and the Caribbean: Lower-middle income rank for potential labour force?
Latin America and the Caribbean: Lower-middle income ranks 67th out of 87 groups with data for 2027.
Is potential labour force rising or falling in Latin America and the Caribbean: Lower-middle income?
Over the last ten years it is up 22.9%. The long-run trend across the full record is rising.
Where does this Latin America and the Caribbean: Lower-middle 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.

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Potential labour force in Latin America and the Caribbean: Lower-middle income. Statizoid, drawing on International Labour Organization. Retrieved 29 August 2026, from https://labour.statizoid.com/stat/potential-labour-force-ilo-modelled-estimates/latin-america-and-the-caribbean-lower-middle-income/

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About this data

Indicator
Potential labour force (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
87 places, 2,088 data points, 2004–2027
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. 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.