Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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22 February, 2021 Ecuador Total Workforce (000s) Q3 2020 7,874 Unemployed Workers (000s) 520 Unemployment Rate 6.6% Youth Unemployment Rate 10.4% 6,061 9,482 1,316 333 428 24 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 4,609 4,557 3,734 4,307 3.4% 3.1% 8.4% 4.8% 3,366 3,230 2,437 3,046 5.2% 3.8% 9.7% 7.1% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 78.9% 77.5% 66.7% 73.8% 56.2% 53.0% 42.3% 51.2% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate 4.4% of the population is foreign born. 1.1 million have emigrated. More than 178K residence permits were granted to Venezuelans to October 2020. 64% of the population live in urban areas. More than 15,800 Covid-19 deaths. Arrivals are subject to medical tests and potential quarantine. Covid-19 restrictions have been implemented at a municipal level. Schools are due to re-open from March with a combination of on-line and in-person learning. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html

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