Statizoid

Work & Labour in Latin America and the Caribbean: Lower-middle income

59 indicators covering work & labour for Latin America and the Caribbean: Lower-middle income.

IndicatorLatest Year10-yr change Rank
Labour force (ILO modelled estimates) 20,680 2027 up 22.0% 76th
Labour force participation rate (ILO modelled estimates) 66.85 2027 up 0.9% 9th
Persons outside the labour force (ILO modelled estimates) 10,255 2027 up 18.8% 82nd
Unemployment rate (ILO modelled estimates) 6.79 2027 down 1.8% 25th
Labour dependency ratio 1.26 2027 down 10.5% 44th
Output per worker, GDP constant 2021 international $ at PPP 15,281 2027 down 4.4% 77th
Output per worker, GDP constant 2015 US $ 5,320 2027 down 4.8% 76th
Employment-to-population ratio (ILO modelled estimates) 62.31 2027 up 1.0% 16th
Persons outside the labour force (ILO modelled estimates) (15+) 1.74 % change on previous year 2027 up 1,110.4% 32nd
Labour force (ILO modelled estimates) (15+), annual growth rate 1.88 % change on previous year 2027 down 40.6% 16th
Employment 18,533 2025 up 23.7% 78th
Employment (ILO modelled estimates) 18,533 2025 up 23.7% 78th
Employment (ILO modelled estimates) (15+), annual growth rate 2.04 % change on previous year 2025 up 1.6% 17th
Employment (ILO modelled estimates), annual growth rate 2.04 % change on previous year 2025 up 1.6% 17th
SDG indicator 8.2.1: Annual growth rate of output per worker, GDP 0.557 2027 down 4.0% 83rd
SDG indicator 8.2.1: Annual growth rate of output per worker, GDP 0.543 2027 up 0.4% 83rd
Labour force participation rate (previous ILO definition - ICLS13) 66.85 2027 up 0.9% 9th
SDG indicator 10.4.1: Labour income share as a percent of GDP 53.9 2026 unchanged 24th
Labour income share as a percent of GDP 53.9 2026 unchanged 24th
LU2: Combined rate of time-related underemployment and unemployment 15.61 2027 down 10.1% 10th
Total weekly hours worked of employed persons 767,451 2027 up 23.4% 76th
Ratio of total weekly hours worked to population aged 15-64 26.85 2027 up 2.9% 39th
Average weekly hours actually worked per employed person 39.82 2027 up 1.0% 41st
NEET: Youth not in employment, education or training 1,602 2027 up 3.2% 73rd
NEET rate: Share of youth not in employment, education or training 19.87 2027 down 2.0% 36th
Time-related underemployment rate (ILO modelled estimates) 9.46 2027 down 15.6% 11th
Time-related underemployment (ILO modelled estimates) 1,824 2027 up 3.1% 65th
Full-time equivalent employment (ILO modelled estimates) 19,186 2027 up 23.4% 76th
LU2: Combined rate of time-related underemployment and unemployment 15.61 2027 down 10.1% 10th
NEET: Youth not in employment, education or training (ILO modelled) 0.0481 % change on previous year 2027 down 95.6% 77th
Total weekly hours worked of employed persons (ILO modelled) 1.94 % change on previous year 2027 up 36.8% 17th
Time-related underemployment (ILO modelled estimates) (15+), annual 2.09 % change on previous year 2027 up 15.1% 16th
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) 6.79 2027 down 1.8% 25th
Labour income distribution (ILO modelled estimates) 0.376 2025 down 7.6% 67th
SDG indicator 8.6.1: Proportion of youth aged 15 to 24 years not in 19.87 2027 down 2.0% 36th
Labour income distribution (ILO modelled estimates) (Decile 1) -1.83 % change on previous year 2025 down 284.1% 77th
SDG indicator 9.2.2: Manufacturing employment as a proportion of 9.82 2025 down 18.6% 61st
SDG indicator 8.3.1: Proportion of informal employment in total 85.65 2027 up 2.8% 10th
LU4: Composite measure of labour underutilization 5,409 2027 up 14.7% 72nd
Jobs gap rate 19.8 2027 down 1.5% 8th
Jobs gap 4,763 2027 up 20.3% 72nd
Potential labour force and willing non-jobseekers rate 14 2027 down 0.7% 5th
Potential labour force and willing non-jobseekers 3,359 2027 up 20.5% 66th
Employment 18,533 2025 up 23.7% 76th
SDG indicator 8.8.2: Level of national compliance with labour rights 3.5 2024 up 62.8% 41st
Jobs gap rate 19.82 2027 down 1.2% 8th
Jobs gap 4,763 2027 up 20.3% 72nd
LU3: Combined rate of unemployment and potential labour force 15.68 2027 down 0.3% 15th
Informal employment rate 85.65 2027 up 2.8% 10th
Informal employment 16,510 2027 up 25.6% 53rd
Potential labour force rate 9.54 2027 up 0.7% 11th
Potential labour force and willing non-jobseekers 3,359 2027 up 20.5% 66th
Potential labour force and willing non-jobseekers rate 13.97 2027 down 1.0% 5th
Potential labour force rate 9.54 2027 up 0.7% 11th
Potential labour force 2,180 2027 up 22.9% 67th
LU4: Composite rate of labour underutilization 23.66 2027 down 6.1% 9th
LU4: Composite measure of labour underutilization 5,409 2027 up 14.7% 72nd
Labour force participation rate for persons ages 25 to 54 79.02 2023 down 0.3% 51st
Labour force ages 25 to 54 13,088 2023 up 28.7% 78th