Ecuador Unemployment Rate
2013 - 2020 | Quarterly | % | CEIC Data
Ecuador Unemployment Rate dropped to 4.96 % in Dec 2020, from the previously reported number of 6.64 % in Sep 2020. Ecuador Unemployment Rate is updated quarterly, available from Dec 2013 to Dec 2020, with an average rate of 4.47 %. The data reached an all-time high of 6.64 % in Sep 2020 and a record low of 3.69 % in Dec 2018. The data is reported by reported by CEIC Data.
In the latest reports, Ecuador Population reached 17.64 million people in Dec 2020. Monthly Earnings of Ecuador stood at 444.00 USD in Dec 2019. The country's Labour Force Participation Rate dropped to 62.84 % in Sep 2020.
View Ecuador's Unemployment Rate from Dec 2013 to Dec 2020 in the chart:
What was Ecuador's Unemployment Rate in Dec 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.96 Dec 2020 | 6.64 Sep 2020 | 3.69 Dec 2018 | 6.64 Sep 2020 | % | quarterly | Dec 2013 - Dec 2020 |
Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 11.80 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Algeria (%) | 11.70 Sep 2017 | quarterly | Jun 2014 - Sep 2017 |
| Argentina (%) | 13.10 Jun 2020 | quarterly | Dec 2002 - Jun 2020 |
| Armenia (%) | 18.10 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Australia (%) | 7.00 Oct 2020 | monthly | Feb 1978 - Oct 2020 |
| Austria (%) | 5.52 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Azerbaijan (%) | 6.94 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Bahrain (%) | 4.30 2016 | yearly | 1991 - 2016 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.20 Jan 2021 | monthly | Oct 2004 - Jan 2021 |
| Belgium (%) | 5.20 Sep 2020 | monthly | Jan 1983 - Sep 2020 |
| Bolivia (%) | 3.40 2017 | yearly | 1999 - 2017 |
| Bosnia and Herzegovina (%) | 15.70 2019 | yearly | 2006 - 2019 |
| Botswana (%) | 18.72 2020 | yearly | 1991 - 2020 |
| Brazil (%) | 14.20 Jan 2021 | monthly | Mar 2012 - Jan 2021 |
| Brunei (%) | 8.37 2020 | yearly | 1991 - 2020 |
| Bulgaria (%) | 5.20 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Cambodia (%) | 0.10 2017 | yearly | 2007 - 2017 |
| Canada (%) | 8.90 Oct 2020 | monthly | Jan 1976 - Oct 2020 |
| Chile (%) | 11.60 Oct 2020 | monthly | Mar 2009 - Oct 2020 |
| China (%) | 4.24 Dec 2020 | quarterly | Dec 1999 - Dec 2020 |
| Colombia (%) | 15.77 Sep 2020 | monthly | Jan 2001 - Sep 2020 |
| Croatia (%) | 9.20 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Cyprus (%) | 8.00 Sep 2020 | monthly | Jan 2000 - Sep 2020 |
| Czech Republic (%) | 2.79 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Denmark (%) | 5.80 Oct 2020 | monthly | Jan 2007 - Oct 2020 |
| Ecuador (%) | 4.96 Dec 2020 | quarterly | Dec 2013 - Dec 2020 |
| Egypt (%) | 7.20 Dec 2020 | quarterly | Mar 2003 - Dec 2020 |
| Estonia (%) | 7.70 Sep 2020 | quarterly | Mar 1989 - Sep 2020 |
| European Union (%) | 6.20 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Finland (%) | 8.20 Dec 2020 | monthly | Jan 1988 - Dec 2020 |
| France (%) | 8.00 Dec 2020 | quarterly | Mar 1975 - Dec 2020 |
| Georgia (%) | 11.57 2019 | yearly | 1991 - 2019 |
| Germany (%) | 4.50 Sep 2020 | monthly | Jan 1991 - Sep 2020 |
| Ghana (%) | 4.51 2020 | yearly | 1991 - 2020 |
| Greece (%) | 16.80 Aug 2020 | monthly | Apr 1998 - Aug 2020 |
| Hong Kong SAR, China (%) | 6.40 Oct 2020 | monthly | Oct 1981 - Oct 2020 |
| Hungary (%) | 4.30 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Iceland (%) | 5.60 Sep 2020 | monthly | Jan 2003 - Sep 2020 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 7.07 2020 | yearly | 1984 - 2020 |
| Iran (%) | 10.60 Mar 2020 | quarterly | Jun 2001 - Mar 2020 |
| Ireland (%) | 7.30 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Israel (%) | 4.71 Oct 2020 | monthly | Jan 2012 - Oct 2020 |
| Italy (%) | 10.20 Feb 2021 | monthly | Jan 1983 - Feb 2021 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 3.00 Sep 2020 | monthly | Jan 1953 - Sep 2020 |
| Jordan (%) | 23.00 May 2020 | quarterly | Feb 2000 - May 2020 |
| Kazakhstan (%) | 5.00 Jul 2020 | monthly | Jan 2001 - Jul 2020 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 4.00 Feb 2021 | monthly | Jun 1999 - Feb 2021 |
| Kosovo (%) | 29.10 Mar 2020 | quarterly | Mar 2016 - Mar 2020 |
| Kuwait (%) | 2.09 2018 | yearly | 1999 - 2018 |
| Kyrgyzstan (%) | 5.50 2019 | yearly | 1992 - 2019 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 8.00 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Lebanon (%) | 11.35 2018 | yearly | 2004 - 2018 |
| Lithuania (%) | 10.40 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Luxembourg (%) | 6.28 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Macau SAR, China (%) | 2.70 Jan 2021 | monthly | Sep 1996 - Jan 2021 |
| North Macedonia (%) | 16.14 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 5.40 May 2020 | monthly | Jan 2016 - May 2020 |
| Malta (%) | 4.60 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 3.26 Mar 2020 | monthly | Jan 2005 - Mar 2020 |
| Moldova (%) | 4.22 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| Mongolia (%) | 7.57 Dec 2020 | quarterly | Sep 2006 - Dec 2020 |
| Montenegro (%) | 19.00 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Morocco (%) | 12.20 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Mozambique (%) | 3.24 2020 | yearly | 1991 - 2020 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.80 Mar 2020 | monthly | Jan 2003 - Mar 2020 |
| New Zealand (%) | 4.90 Dec 2020 | quarterly | Mar 1986 - Dec 2020 |
| Nigeria (%) | 27.11 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Norway (%) | 5.20 Sep 2020 | monthly | Jan 1989 - Sep 2020 |
| Oman (%) | 2.80 Oct 2020 | monthly | Mar 2018 - Oct 2020 |
| Pakistan (%) | 5.79 2018 | yearly | 1980 - 2018 |
| Palestinian Territory (%) | 23.40 Dec 2020 | quarterly | Mar 1998 - Dec 2020 |
| Panama (%) | 7.10 2019 | yearly | 2003 - 2019 |
| Paraguay (%) | 8.16 Sep 2020 | quarterly | Mar 2017 - Sep 2020 |
| Peru (%) | 16.43 Oct 2020 | monthly | Mar 2001 - Oct 2020 |
| Philippines (%) | 10.00 Jul 2020 | quarterly | Jul 1982 - Jul 2020 |
| Poland (%) | 6.10 Oct 2020 | monthly | Jan 1990 - Oct 2020 |
| Portugal (%) | 7.50 Oct 2020 | monthly | Feb 1998 - Oct 2020 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.70 Feb 2021 | monthly | Jan 1997 - Feb 2021 |
| Russia (%) | 6.35 Sep 2020 | monthly | Jan 1994 - Sep 2020 |
| Saudi Arabia (%) | 8.98 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Serbia (%) | 9.90 Dec 2020 | quarterly | Mar 2014 - Dec 2020 |
| Singapore (%) | 3.60 Sep 2020 | quarterly | Mar 1987 - Sep 2020 |
| Slovakia (%) | 7.35 Oct 2020 | monthly | Jan 2006 - Oct 2020 |
| Slovenia (%) | 5.10 Dec 2020 | quarterly | Jun 1997 - Dec 2020 |
| South Africa (%) | 32.50 Dec 2020 | quarterly | Mar 2008 - Dec 2020 |
| Spain (%) | 16.13 Dec 2020 | quarterly | Sep 1976 - Dec 2020 |
| Sri Lanka (%) | 5.20 Dec 2020 | quarterly | Jun 2012 - Dec 2020 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 8.91 Oct 2020 | monthly | Jan 1983 - Oct 2020 |
| Switzerland (%) | 5.01 Dec 2020 | monthly | Jan 1991 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.2 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -1,332.350 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| Tax Revenue (USD mn) | 2,956.051 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Tax Revenue: % of GDP (%) | 12.7 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| National Government Debt (USD mn) | 63,163.5 Dec 2020 | quarterly | Dec 2005 - Dec 2020 |
| Government Debt: % of GDP (%) | 57.2 Sep 2020 | quarterly | Dec 2005 - Sep 2020 |
| Forecast: Government Expenditure (USD bn) | 39.187 2026 | yearly | 1995 - 2026 |
| Forecast: Government Net Debt (USD bn) | 61.270 2026 | yearly | 2001 - 2026 |
| Forecast: Government Revenue (USD bn) | 41.788 2026 | yearly | 1995 - 2026 |
| Central Government: Finance (USD mn) | 2,215.020 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| Central Government: Balance (USD mn) | -2,215.020 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| Central Government: Revenue (USD mn) | 1,322.270 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| Central Government: Expenditure excl Amortization (USD mn) | 3,537.289 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.567 2025 | yearly | 1980 - 2025 |
| Trade Balance (USD mn) | 214.8 Jan 2021 | monthly | Jan 1965 - Jan 2021 |
| Total Exports (USD mn) | 1,814.9 Jan 2021 | monthly | Jan 1965 - Jan 2021 |
| Total Exports Growth (%) | -5.6 Jan 2021 | monthly | Jan 1966 - Jan 2021 |
| Aluminum: Exports (USD th) | 33,552.274 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 46,750.981 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 2,202.795 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 1,698.0 Jan 2021 | monthly | Jan 1957 - Jan 2021 |
| Total Imports Growth (%) | -10.3 Jan 2021 | monthly | Jan 1958 - Jan 2021 |
| Imports: Medicament (USD th) | 779,550.310 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 327,256.266 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 372.892 Dec 2020 | monthly | Jan 2007 - Dec 2020 |
| Total Imports from USA (USD mn) | 301.357 Feb 2021 | monthly | Jan 1973 - Feb 2021 |
| Total Exports to China (USD mn) | 178.383 Jan 2021 | monthly | Jan 2010 - Jan 2021 |
| Total Imports from China (USD mn) | 335.687 Jan 2021 | monthly | May 1992 - Jan 2021 |
| EC: Exports: fob: Emerging and Developing Economies: Emerging and Developing Asi... (USD mn) | 260.765 Nov 2020 | monthly | Jun 1973 - Nov 2020 |
| Terms of Trade Index: 2007=100 (2007=100) | 88.254 Jan 2021 | monthly | Jan 2014 - Jan 2021 |
| 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) | 1,213.6 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Current Account Balance: % of GDP (%) | 5.1 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Foreign Direct Investment (USD mn) | 473.2 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Foreign Direct Investment: % of GDP (%) | 2.0 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -1,100.525 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| Foreign Portfolio Investment (USD mn) | -1,100.108 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| Foreign Portfolio Investment: % of GDP (%) | 0.1 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.3 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| External Debt (USD mn) | 55,295.1 Jan 2021 | monthly | Jan 1994 - Jan 2021 |
| External Debt: % of GDP (%) | 48.5 2019 | yearly | 1970 - 2019 |
| External Debt: Short Term (USD mn) | 692.2 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| External Debt: Short Term: % of GDP (%) | 0.6 2019 | yearly | 1970 - 2019 |
| Forecast: Current Account Balance (USD bn) | 1.643 2026 | yearly | 1980 - 2026 |
| Net International Investment Position (USD) | -25,269,823,146.114 Dec 2020 | quarterly | Mar 2016 - Dec 2020 |
| BoP: CA: Goods & Services: Goods (USD mn) | 1,107.617 Sep 2020 | quarterly | Mar 2016 - Sep 2020 |
| BoP: CA: Goods & Services: Services (USD mn) | -225.606 Sep 2020 | quarterly | Mar 2016 - Sep 2020 |
| Foreign Direct Investment: BPM6 (USD th) | 473,152.290 Sep 2020 | quarterly | Mar 2016 - Sep 2020 |
| Foreign Direct Investment: Europe: Spain (USD th) | 88,442.667 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Europe: Netherlands (USD th) | 23,806.340 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 (%) | 4.9 Mar 2021 | monthly | Jan 2006 - Mar 2021 |
| Household Debt: % of GDP (%) | 13.4 Sep 2020 | quarterly | Dec 2006 - Sep 2020 |
| Non-Performing Loans (USD mn) | 2,198.950 Mar 2021 | monthly | Jan 2006 - Mar 2021 |
| Money Supply M1 (USD mn) | 27,826.334 Jan 2021 | monthly | Dec 2006 - Jan 2021 |
| Money Supply M2 (USD mn) | 63,141.974 Jan 2021 | monthly | Dec 2006 - Jan 2021 |
| M2 Growth (%) | 9.6 Jan 2021 | monthly | Dec 2007 - Jan 2021 |
| Reserve Requirement Ratio (%) | 2.0 Jan 2021 | monthly | Dec 2009 - Jan 2021 |
| Foreign Exchange Reserves (USD mn) | 4,037.8 Mar 2021 | monthly | Dec 1956 - Mar 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 1.434 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.7 Jan 2021 | monthly | Jan 2005 - Jan 2021 |
| Gold Reserves (USD mn) | 1,699.905 Mar 2021 | monthly | Dec 1956 - Mar 2021 |
| Total Deposits Growth (%) | 11.2 Mar 2021 | monthly | Jan 2007 - Mar 2021 |
| Total Deposits (USD mn) | 46,113.520 Mar 2021 | monthly | Jan 2006 - Mar 2021 |
| Domestic Credit (USD mn) | 48,166.7 Dec 2020 | monthly | Jan 2006 - Dec 2020 |
| Domestic Credit Growth (%) | 3.2 Mar 2021 | monthly | Jan 2007 - Mar 2021 |
| Household Debt (USD mn) | 13,852.1 Mar 2021 | monthly | Oct 2006 - Mar 2021 |
| Total Loans (USD mn) | 43,255.770 Jan 2021 | monthly | Jan 2006 - Jan 2021 |
| Total Loans Growth (%) | 1.37 Oct 2020 | monthly | Jan 2007 - Oct 2020 |
| Private Debt: % of Nominal GDP (%) | 43.84 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| EC: Financial Survey: MFSM 2000: Deposits (USD mn) | 48,180.780 Feb 2021 | monthly | Jul 2002 - Feb 2021 |
| EC: Financial Survey: MFSM 2000: Loans (USD mn) | 81.130 Feb 2021 | monthly | Jul 2002 - Feb 2021 |
| Money Supply M1 (USD mn) | 27,274.795 Aug 2020 | monthly | Dec 2006 - Aug 2020 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 1.0 Oct 2020 | monthly | May 2008 - Oct 2020 |
| Business Confidence Index: Global (May2007=100) | 1,463.200 Sep 2020 | monthly | May 2007 - Sep 2020 |
| Business Confidence Index: Industry (May2007=100) | 2,357.600 Sep 2020 | monthly | May 2007 - Sep 2020 |
| Business Confidence Index: Commerce (May2007=100) | 1,894.700 Sep 2020 | monthly | May 2007 - Sep 2020 |
| Business Confidence Index: Construction (May2007=100) | 527.800 Sep 2020 | monthly | May 2007 - Sep 2020 |
| Business Confidence Index: Services (May2007=100) | 1,198.100 Oct 2020 | monthly | May 2007 - Oct 2020 |
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