Ecuador Unemployment Rate

Unemployment Rate in Ecuador increased to 4.86 percent in the fourth quarter of 2013 from 4.60 percent in the third quarter of 2013. Unemployment Rate in Ecuador is reported by the Banco Central del Ecuador. Unemployment Rate in Ecuador averaged 9.09 Percent from 2003 until 2013, reaching an all time high of 12.05 Percent in the second quarter of 2004 and a record low of 4.60 Percent in the third quarter of 2013. In Ecuador, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Ecuador Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.86 4.60 12.05 4.60 4.80 | 2014/03 2003 - 2013 Percent Quarterly

TO

Ecuador Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 15.50 2012-12-31 14.67 15.50 4.44 15.55 2013-12-31 Million [+]
Unemployment Rate 4.86 2013-12-31 4.60 12.05 4.60 4.80 2014-03-31 Percent [+]
Wages 161.50 2014-03-15 162.60 162.80 38.30 163.47 2014-04-30 Index Points [+]
[+]


Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Ecuador Balance of Trade at 177965.00 USD Thousand  
Ecuador recorded a trade surplus of 177965 USD Thousand in February of 2014. Balance of Trade in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Exports at 2150067.00 USD Thousand  
Exports in Ecuador increased to 2150067 USD Thousand in February of 2014 from 2033186 USD Thousand in January of 2014. Exports in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Changes in Inventories at 28331.00 USD THO  
Changes in Inventories in Ecuador decreased to 28331 USD THO in the fourth quarter of 2013 from 156467 USD THO in the third quarter of 2013. Changes in Inventories in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Capital Flows at 693.07 USD Million  
Capital Flows in Ecuador increased to 693.07 USD Million in the third quarter of 2013 from 137.09 USD Million in the second quarter of 2013. Capital Flows in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Current Account at -157.73 USD Million  
Ecuador recorded a Current Account deficit of 157.73 USD Million in the third quarter of 2013. Current Account in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Crude Oil Production at 548.00 Thousands Barrels per Day  
Crude Oil Production in Ecuador increased to 548 Thousands Barrels per Day in December of 2013 from 545 Thousands Barrels per Day in November of 2013. Crude Oil Production in Ecuador is reported by the U.S. Energy Information Administration.
Ecuador Consumer Spending at 10865398.00 USD THO  
Consumer Spending in Ecuador increased to 10865398 USD THO in the fourth quarter of 2013 from 10707195 USD THO in the third quarter of 2013. Consumer Spending in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Consumer Price Index (CPI) at 147.69 Index Points  
Consumer Price Index (CPI) in Ecuador increased to 147.69 Index Points in March of 2014 from 146.67 Index Points in February of 2014. Consumer Price Index (CPI) in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador GDP Constant Prices at 17078240.00 USD THO  
GDP Constant Prices in Ecuador increased to 17078240 USD THO in the fourth quarter of 2013 from 16883179 USD THO in the third quarter of 2013. GDP Constant Prices in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Government Budget Value at -1707.54 USD Million  
Ecuador recorded a government budget deficit of 1707.54 USD Million in December of 2013. Government Budget Value in Ecuador is reported by the Banco Central Del Ecuador.
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