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

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

IndicatorLatest Year10-yr change Rank
Labour force (ILO modelled estimates) 290,727 2027 up 9.7% 29th
Labour force participation rate (ILO modelled estimates) 62.39 2027 down 1.7% 31st
Persons outside the labour force (ILO modelled estimates) 175,263 2027 up 15.0% 33rd
Employment-to-population ratio (ILO modelled estimates) 59.41 2027 up 1.9% 28th
Persons outside the labour force (ILO modelled estimates) (15+) 1.35 % change on previous year 2027 up 11.5% 55th
Labour force (ILO modelled estimates) (15+), annual growth rate 0.859 % change on previous year 2027 down 40.4% 51st
Employment 270,887 2025 up 12.5% 31st
Employment (ILO modelled estimates) 270,887 2025 up 12.5% 31st
Employment (ILO modelled estimates) (15+), annual growth rate 1.46 % change on previous year 2025 up 32.9% 30th
Employment (ILO modelled estimates), annual growth rate 1.46 % change on previous year 2025 up 32.9% 30th
Labour force participation rate (previous ILO definition - ICLS13) 62.39 2027 down 1.7% 31st
NEET: Youth not in employment, education or training 17,727 2027 down 14.4% 35th
NEET rate: Share of youth not in employment, education or training 19.53 2027 down 10.6% 41st
Time-related underemployment rate (ILO modelled estimates) 6.89 2027 down 11.1% 21st
Time-related underemployment (ILO modelled estimates) 19,070 2027 up 1.1% 28th
Full-time equivalent employment (ILO modelled estimates) 271,044 2027 up 12.9% 30th
NEET: Youth not in employment, education or training (ILO modelled) -0.1166 % change on previous year 2027 down 114.9% 83rd
Time-related underemployment (ILO modelled estimates) (15+), annual 0.8925 % change on previous year 2027 down 89.3% 54th
Potential labour force and willing non-jobseekers rate 7.4 2027 down 17.8% 31st
Potential labour force and willing non-jobseekers 23,283 2027 down 11.4% 30th
Employment 270,887 2025 up 12.5% 29th
Potential labour force rate 4.57 2027 down 6.3% 37th
Informal employment 138,313 2027 up 10.5% 33rd
Informal employment rate 49.96 2027 down 2.8% 46th
Potential labour force rate 4.57 2027 down 6.3% 37th
Potential labour force 13,911 2027 up 2.5% 29th
Potential labour force and willing non-jobseekers rate 7.42 2027 down 17.8% 31st
Potential labour force and willing non-jobseekers 23,283 2027 down 11.4% 30th