Unemployment rate in Ecuador
Ecuador: Unemployment rate was 3.1 in 2031. βΌ Falling
Unemployment rate in Ecuador, 1988β2031
Source: International Monetary Fund.
Analysis
The most recent figure for unemployment rate in Ecuador is 3.1, measured in 2031. That is the lowest value across all 44 years on record.
Compared with earlier readings it is down 33.8% over ten years.
Over the whole period, unemployment rate in Ecuador peaked at 13.11 in 1999 and was at its lowest, 3.1, in 2025.
Ecuador ranks 17th of 22 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.45 | 7 | 7.9 | 2 |
| 1990s | 8.31 | 5.49 | 13.11 | 10 |
| 2000s | 7.55 | 5.95 | 10.16 | 10 |
| 2010s | 4.34 | 3.69 | 5.21 | 10 |
| 2020s | 3.63 | 3.1 | 5.35 | 10 |
| 2030s | 3.1 | 3.1 | 3.1 | 2 |
Countries ranked near Ecuador
- 14 Saudi Arabia 3.5 compare
- 15 Chinese Taipei 3.35 compare
- 16 Poland 3.18 compare
- 18 Korea 2.8 compare
- 19 Hong Kong, China 2.67 compare
- 20 Japan 2.53 compare
More work & labour data for Ecuador
- Population - Est. & Proj. β Total Population - Both sexes, annual -0.578 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth -0.567 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth -0.589 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -1.04 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate 1.13 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 17,174 1000 No (2050)
- Population - Est. & Proj. β Rural population 5,794 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 9,543 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 9,549 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 19,092 1000 No (2100)
Frequently asked questions
- What is unemployment rate in Ecuador?
- Unemployment rate in Ecuador was 3.1 in 2031, according to International Monetary Fund.
- What is the highest unemployment rate recorded in Ecuador?
- The highest recorded value was 13.11 in 1999.
- What is the lowest unemployment rate recorded in Ecuador?
- The lowest recorded value was 3.1 in 2025.
- How does Ecuador rank for unemployment rate?
- Ecuador ranks 17th out of 22 countries with data for 2031.
- Is unemployment rate rising or falling in Ecuador?
- Over the last ten years it is down 33.8%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Unemployment rate (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.