Market Intelligence Reports

Latin America Market Report Q3 2023

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ManpowerGroup Talent Solutions: Latin America QMR Q3 2023 | 61 Gross Domestic Product (GDP) Growth Year on Year Inflation Real Wage Growth Year on Year Nominal Wage Growth Year on Year Employed and Unemployed Population over Time Economic Factors Real Wage Growth is adjusted for inflation. Nominal Wages are not adjusted for inflation. Due to rounding, various data sources and time frames figures may not calculate exactly. Key Sources: ILOSTAT, https://www.ilo.org/digitalguides/en-gb/story/globalwagereport2022-23#home https://www.imf.org/en/ www.oecd.org https://ec.europa.eu/eurostat/data/ Nicaragua Total Population: 7 million Just over 35% of the population is under 18 years Median Age: 25.2 years 60% of the population live in Urban Areas Population Growth and Population Statistics Labor Force Participation Rate (15 years+) Distribution of Employment by Status in Employment and Gender Informal Employment is estimated to be 76% of Total Employment ILOSTAT https://www.macrotrends.net/ https://datareportal.com/ ManpowerGroup Talent Solutions: Latin America QMR Q3 2023 | 61

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