Ecuador Forecast: Unemployment Rate

1988 - 2028 | Yearly | % | International Monetary Fund

Key information about Ecuador Unemployment Rate Forecast

  • Ecuador Unemployment Rate is forecasted to be 3.582 % in Dec 2023 as reported by International Monetary Fund
  • It records no change from the last reported number of 3.800 % in Dec 2022
  • Looking ahead, Ecuador Unemployment Rate is projected to stand at 3.544 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Ecuador's Forecast: Unemployment Rate from 1988 to 2028 in the chart:

Ecuador Forecast: Unemployment Rate

What is Ecuador's Forecast: Unemployment Rate in 2028?

Ecuador Unemployment Rate is forecasted to be 3.582 % in Dec 2023 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.544 2028 3.544 2027 3.544 2028 13.107 1999 % yearly 1988 - 2028

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 11.000 2028 yearly 1980 - 2028
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.675 2028 yearly 2010 - 2028
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.400 2028 yearly 1980 - 2028
Armenia (%) 14.000 2028 yearly 2001 - 2028
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.633 2028 yearly 1980 - 2028
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.502 2028 yearly 2000 - 2028
Bahamas (%) 10.954 2028 yearly 1986 - 2028
Bahrain (%) 4.030 2028 yearly 2007 - 2028
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.550 2028 yearly 1981 - 2028
Belarus (%) 3.754 2028 yearly 1993 - 2028
Belgium (%) 5.487 2028 yearly 1980 - 2028
Belize (%) 5.021 2028 yearly 1990 - 2028
Benin (%) 0.000 yearly -
Bhutan (%) 5.900 2022 yearly 2003 - 2022
Bolivia (%) 5.200 2028 yearly 2000 - 2028
Bosnia and Herzegovina (%) 17.155 2028 yearly 1995 - 2028
Botswana (%) 0.000 yearly -
Brazil (%) 8.085 2028 yearly 1991 - 2028
Brunei (%) 6.822 2028 yearly 2011 - 2028
Bulgaria (%) 4.200 2028 yearly 1989 - 2028
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 6.000 2028 yearly 1980 - 2028
Cape Verde (%) 8.500 2028 yearly 1980 - 2028
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.207 2028 yearly 1980 - 2028
China (%) 3.500 2028 yearly 1980 - 2028
Colombia (%) 9.347 2028 yearly 1980 - 2028
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.121 2028 yearly 1991 - 2028
Cyprus (%) 5.380 2028 yearly 1982 - 2028
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2028 yearly 1991 - 2028
Ecuador (%) 3.544 2028 yearly 1988 - 2028
Egypt (%) 6.916 2028 yearly 1990 - 2028
El Salvador (%) 5.500 2028 yearly 1988 - 2028
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 4.372 2028 yearly 1993 - 2028
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2028 yearly 1986 - 2028
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 20.809 2028 yearly 1996 - 2028
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 3.038 2028 yearly 1980 - 2028
Hungary (%) 3.172 2028 yearly 1980 - 2028
Iceland (%) 3.986 2028 yearly 1980 - 2028
India (%) 0.000 yearly -
Indonesia (%) 5.100 2028 yearly 1984 - 2028
Iran (%) 10.153 2028 yearly 1990 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.700 2028 yearly 1980 - 2028
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 8.375 2021 yearly 1980 - 2021
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 22.833 2022 yearly 1984 - 2022
Kazakhstan (%) 4.800 2028 yearly 1994 - 2028
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.592 2028 yearly 1980 - 2028
Kosovo (%) 25.700 2019 yearly 2012 - 2019
Kuwait (%) 1.276 2021 yearly 1981 - 2021
Kyrgyzstan (%) 9.014 2028 yearly 1994 - 2028
Laos (%) 0.000 yearly -
Latvia (%) 6.307 2028 yearly 1992 - 2028
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Ecuador Key Series

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Includes 183 key indicators for Ecuador, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.6 Mar 2023 quarterly Dec 2000 - Mar 2023
Consolidated Fiscal Balance (USD mn) 306.125 Jun 2023 quarterly Mar 2000 - Jun 2023
Tax Revenue (USD mn) 4,078.019 Jun 2023 quarterly Mar 2000 - Jun 2023
Tax Revenue: % of GDP (%) 13.1 Mar 2023 quarterly Mar 2000 - Mar 2023
National Government Debt (USD mn) 74,726.4 Jun 2023 quarterly Dec 2005 - Jun 2023
Government Debt: % of GDP (%) 65.1 Mar 2023 quarterly Dec 2005 - Mar 2023
Forecast: Government Expenditure (USD bn) 41.946 2022 yearly 1995 - 2022
Forecast: Government Net Debt (USD bn) 66.678 2022 yearly 2001 - 2022
Forecast: Government Revenue (USD bn) 42.032 2022 yearly 1995 - 2022
Central Government: Balance (USD mn) -470.410 Jul 2023 monthly Jan 2006 - Jul 2023
Central Government: Expenditure excl Amortization (USD mn) 1,802.770 Jul 2023 monthly Jan 2006 - Jul 2023
Central Government: Revenue (USD mn) 1,332.360 Jul 2023 monthly Jan 2006 - Jul 2023
Central Government: Finance (USD mn) 470.410 Jul 2023 monthly Jan 2006 - Jul 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) 256.5 Jun 2023 monthly Mar 1992 - Jun 2023
Total Exports (USD mn) 2,528.2 Apr 2023 monthly Jan 1965 - Apr 2023
Total Exports Growth (%) -5.7 Jul 2023 monthly Jan 1966 - Jul 2023
Aluminum: Exports (USD th) 65,385.665 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 24,074.538 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,882.325 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,484.7 Jul 2023 monthly Jan 1957 - Jul 2023
Total Imports Growth (%) -8.0 Jul 2023 monthly Jan 1958 - Jul 2023
Imports: Medicament (USD th) 958,068.888 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 529,529.069 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 618.077 Jul 2023 monthly Jan 2007 - Jul 2023
Total Imports from USA (USD mn) 483.092 Jul 2023 monthly Jan 1973 - Jul 2023
Total Exports to China (USD mn) 457.911 Jul 2023 monthly Jan 2007 - Jul 2023
Total Imports from China (USD mn) 479.421 Jul 2023 monthly May 1992 - Jul 2023
Terms of Trade Index: 2007=100 (2007=100) 90.508 Jun 2023 monthly Jan 2014 - Jun 2023
Exports: FOB: Petroleum: Crude Petroleum (USD th) 640,853.948 Jul 2023 monthly Jan 2005 - Jul 2023
Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) 304,858.051 Jul 2023 monthly Jan 2005 - Jul 2023
Exports: FOB: America: United States (USD mn) 618.077 Jul 2023 monthly Jan 2007 - Jul 2023
Exports: FOB: America: ALADI: Panama (USD mn) 415.732 Jul 2023 monthly Jan 2012 - Jul 2023
Exports: FOB: Asia: People's Republic of China (USD mn) 457.911 Jul 2023 monthly Jan 2007 - Jul 2023
Imports: CIF: Consumer Goods: Non Durable (USD th) 326,351.966 Jul 2023 monthly Jan 2005 - Jul 2023
Imports: CIF: Fuels And Lubricants (USD th) 568,308.114 Jul 2023 monthly Jan 2005 - Jul 2023
Imports: CIF: America: ALADI: Panama (USD mn) 331.003 Jul 2023 monthly Mar 2019 - Jul 2023
Imports: CIF: Asia: People's Republic of China (USD mn) 324.160 Jan 2020 monthly Jan 2010 - Jan 2020
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 354.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Current Account Balance: % of GDP (%) 1.5 Mar 2023 quarterly Mar 1993 - Mar 2023
Foreign Direct Investment (USD mn) 17.2 Mar 2023 quarterly Mar 1993 - Mar 2023
Foreign Direct Investment: % of GDP (%) -0.3 Dec 2022 quarterly Mar 1993 - Dec 2022
Foreign Portfolio Investment (USD mn) 24.084 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Portfolio Investment: % of GDP (%) 0.1 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.4 Dec 2022 quarterly Mar 1999 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 23.821 Mar 2023 quarterly Mar 1999 - Mar 2023
External Debt (USD mn) 57,532.4 Jul 2023 monthly Jan 1994 - Jul 2023
External Debt: % of GDP (%) 52.0 2022 yearly 1970 - 2022
External Debt: Short Term (USD mn) 1,270.9 Mar 2023 quarterly Mar 2004 - Mar 2023
External Debt: Short Term: % of GDP (%) 1.5 2022 yearly 1970 - 2022
Forecast: Current Account Balance (USD bn) 2.942 2028 yearly 1980 - 2028
Net International Investment Position (USD) -24,843,520,753.936 Dec 2022 quarterly Mar 2016 - Dec 2022
BoP: CA: Goods & Services: Goods (USD mn) 325.755 Dec 2022 quarterly Mar 2016 - Dec 2022
BoP: CA: Goods & Services: Services (USD mn) -734.195 Sep 2022 quarterly Mar 2016 - Sep 2022
External Debt: Private (USD mn) 10,690.093 Jul 2023 monthly Jan 1994 - Jul 2023
External Debt: Public (USD mn) 46,842.351 Jul 2023 monthly Jan 1994 - Jul 2023
Foreign Direct Investment: BPM6 (USD th) 17,176.901 Mar 2023 quarterly Mar 2016 - Mar 2023
Foreign Direct Investment: Europe: Netherlands (USD th) 23,806.340 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Europe: Spain (USD th) 88,442.667 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Asia: China (USD th) 12,350.723 Dec 2018 quarterly Mar 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.4 Jul 2023 monthly Jan 2006 - Jul 2023
Household Debt: % of GDP (%) 15.6 Mar 2023 quarterly Dec 2006 - Mar 2023
Non-Performing Loans (USD mn) 3,325.786 Jul 2023 monthly Jan 2006 - Jul 2023
Money Supply M1 (USD mn) 29,579.505 Jul 2023 monthly Dec 2006 - Jul 2023
Money Supply M2 (USD mn) 76,563.011 Jul 2023 monthly Dec 2006 - Jul 2023
M2 Growth (%) 6.8 Jul 2023 monthly Dec 2007 - Jul 2023
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 4,206.1 Aug 2023 monthly Dec 1956 - Aug 2023
Foreign Exchange Reserves: % of GDP (%) 5.607 Dec 2022 quarterly Dec 2000 - Dec 2022
Foreign Exchange Reserves: Months of Import (NA) 1.9 Jul 2023 monthly Jan 2005 - Jul 2023
Gold Reserves (USD mn) 2,109.507 Aug 2023 monthly Dec 1956 - Aug 2023
Total Deposits (USD mn) 57,326.149 Jul 2023 monthly Jan 2006 - Jul 2023
Total Deposits Growth (%) 8.1 Jul 2023 monthly Jan 2007 - Jul 2023
Domestic Credit (USD mn) 67,827.0 Jul 2023 monthly Jan 2006 - Jul 2023
Domestic Credit Growth (%) 11.8 Jul 2023 monthly Jan 2007 - Jul 2023
Household Debt (USD mn) 19,145.5 Aug 2023 monthly Oct 2006 - Aug 2023
Total Loans (USD mn) 60,427.200 Jul 2023 monthly Jan 2006 - Jul 2023
Total Loans Growth (%) 11.97 Jul 2023 monthly Jan 2007 - Jul 2023
Private Debt: % of Nominal GDP (%) 52.10 Mar 2023 quarterly Mar 2004 - Mar 2023
International Reserve: Net Currency Position (USD mn) 4,206.102 Aug 2023 monthly Jan 2004 - Aug 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -17.6 Jul 2023 monthly Feb 2011 - Jul 2023
Business Confidence Index: Construction (May2007=100) 478.600 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Commerce (May2007=100) 2,200.300 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Global (May2007=100) 1,694.300 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Services (May2007=100) 1,444.800 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Industry (May2007=100) 2,662.600 Dec 2022 monthly May 2007 - Dec 2022

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