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Self-Employed (As % of Total Workforce) fell 3.28% to 49.5% in Ecuador in 2020

Self-Employed (As % of Total Workforce) (%), 2020
Labour | Ecuador | July 1, 2021
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Self-Employed (As % of Total Workforce) fell 3.28% to 49.5% in Ecuador in 2020, according to World Bank.

Historically, Self-Employed (As % of Total Workforce) in Ecuador reached an all time high of 51.2% in 2019 and an all time low of 37.8% in 1988. When compared to Ecuador's main peers, Self-Employed (As % of Total Workforce) in Brazil amounted to 32.6%, 51.0% in Colombia, 37.3% in Panama and 54.0% in Peru in 2020.

Ecuador has been ranked 64th within the group of 173 countries we follow in terms of Self-Employed (As % of Total Workforce), 9 places above the position seen 10 years ago.

Self-Employed (As % of Total Workforce) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Bolivia % 62.7% 61.1% 69.6% 68.9% 68.5%
Brazil % 30.0% 31.3% 31.8% 32.3% 32.8%
Chile % 25.9% 25.6% 26.5% 27.4% 27.1%
Colombia % 51.5% 51.0% 51.1% 51.1% 51.4%
Costa Rica % 24.4% 24.3% 23.4% 24.3% 25.1%
Ecuador % 42.9% 44.8% 48.5% 49.3% 49.9%
Honduras % 50.3% 51.4% 48.3% 52.4% 51.4%
Nicaragua % 45.7% 44.8% 43.9% 43.0% 42.8%
Panama % 32.7% 33.7% 35.8% 35.1% 37.4%
Peru % 54.9% 54.1% 54.6% 55.0% 55.2%
Venezuela % 35.8% 36.6% 38.0% 39.5% 41.2%