The unemployment rate in Ecuador was forecast to continuously decrease between 2024 and 2029 by in total 0.7 percentage points. The rate is estimated to amount to 3.5 percent in 2029. This indicator describes the unemployment rate which can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The latter defines it as the number of unemployed people divided by the total labour force.
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IMF. (April 22, 2024). Ecuador: Unemployment rate from 2019 to 2029 [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/451274/unemployment-rate-in-ecuador/
IMF. "Ecuador: Unemployment rate from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/451274/unemployment-rate-in-ecuador/
IMF. (2024). Ecuador: Unemployment rate from 2019 to 2029. Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/451274/unemployment-rate-in-ecuador/
IMF. "Ecuador: Unemployment Rate from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/451274/unemployment-rate-in-ecuador/
IMF, Ecuador: Unemployment rate from 2019 to 2029 Statista, https://www.statista.com/statistics/451274/unemployment-rate-in-ecuador/ (last visited October 15, 2024)
Ecuador: Unemployment rate from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/451274/unemployment-rate-in-ecuador/