Latin America and the Caribbean: share of self-employed workers 2012-2024

The average rate of self-employment in Latin America and the Caribbean has remained constant for two consecutive years. In 2019, around 37.54 percent of the employed population of Latin America and the Caribbean were considered self-employed, or having a job where the remuneration is directly dependent upon the profits derived from the goods and services provided. This figure is expected to slightly decrease by 2024.

Self-employed workers as share of total employed population in Latin America and the Caribbean from 2012 to 2024

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Source

Release date

November 2019

Region

Central and South America

Survey time period

2012 to 2019

Supplementary notes

* Starting from the indicated year, figures are forecasts (as of November 2019).

According to ILO, self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs", which are commonly characterized as jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers comprise four sub-categories: employers, own-account workers, members of producers' cooperatives, and contributing family workers.

The figures are calculated from the total employed population. Self-employment status does not include employees (workers who hold the type of jobs defined as “paid employment jobs”, where the incumbents hold employment contracts that give them a basic remuneration), workers not classifiable by status, unemployed or non-economically active population.

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