Proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean

Latin America and the Caribbean: Proportion of adults (15 years and older) out of labor force with an was 59.0% in 2024. ▲ Rising

Latest (2024)
59.0%
Change on year
up 3.1%
Rank
23rd
of 38 groups
All-time high
59.0%
in 2024
All-time low
27.4%
in 2011
Years of data
5
2011–2024

Proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean, 2011–2024

02040602011201720242011: 27.42014: 422017: 44.12021: 57.22024: 59

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean is 59.0%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 3.1% on the previous year and up 40.6% over ten years.

Over the whole period, proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean peaked at 59.0% in 2024 and was at its lowest, 27.4%, in 2011.

That places Latin America and the Caribbean 23rd out of 38 groups with data for 2024, putting it in the middle of the range.

Proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean, year by year

Annual values for Proportion of adults (15 years and older) out of labor force with an account at a financial institution or mobile-money-service provider (% of adults aged 15 years and older) in Latin America and the Caribbean, 2011 to 2024.
Year Value Change
2011 27.4%
2014 42.0% +53.2%
2017 44.1% +5.1%
2021 57.2% +29.8%
2024 59.0% +3.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 37.8% 27.4% 44.1% 3
2020s 58.1% 57.2% 59.0% 2

Countries ranked near Latin America and the Caribbean

  1. 20 Belgium 95.9% compare
  2. 21 New Zealand 95.7% compare
  3. 22 United States 95.6% compare
  4. 23 Latvia 94.4% compare
  5. 24 Malta 93.1% compare
  6. 25 Cyprus 92.2% compare
  7. 26 Iran (Islamic Republic of) 88.2% compare

See the full ranking of 151 places →

More work & labour data for Latin America and the Caribbean

All data for Latin America and the Caribbean →

Frequently asked questions

What is proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean?
Proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean was 59.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest proportion of adults (15 years and older) out of labor force with an recorded in Latin America and the Caribbean?
The highest recorded value was 59.0% in 2024.
What is the lowest proportion of adults (15 years and older) out of labor force with an recorded in Latin America and the Caribbean?
The lowest recorded value was 27.4% in 2011.
How does Latin America and the Caribbean rank for proportion of adults (15 years and older) out of labor force with an?
Latin America and the Caribbean ranks 23rd out of 38 groups with data for 2024.
Is proportion of adults (15 years and older) out of labor force with an rising or falling in Latin America and the Caribbean?
Over the last ten years it is up 40.6%. The long-run trend across the full record is rising.
Where does this Latin America and the Caribbean data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of adults (15 years and older) out of labor force with an account at a financial institution or mobile-money-service provider (% of adults aged 15 years and older). Statizoid updates them automatically from the source API.

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Proportion of adults (15 years and older) out of labor force with an in Latin America and the Caribbean. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 18 September 2026, from https://labour.statizoid.com/stat/proportion-of-adults-15-years-and-older-out-of-labor-force-with-an-account-at-a-financial/latin-america-and-the-caribbean/

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About this data

Indicator
Proportion of adults (15 years and older) out of labor force with an account at a financial institution or mobile-money-service provider (% of adults aged 15 years and older)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
151 places, 755 data points, 2011–2024
Last refreshed