Account, out of labor force in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Account, out of labor force was 59.6% in 2024. ▲ Rising
Account, out of labor force in Latin America & Caribbean (excluding high income), 2011–2024
Source: Global Findex database. Measured in % age 15+.
Analysis
In 2024, account, out of labor force in Latin America & Caribbean (excluding high income) stood at 59.6%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 46.3% over ten years.
Over the whole period, account, out of labor force in Latin America & Caribbean (excluding high income) peaked at 59.6% in 2024 and was at its lowest, 27.1%, in 2011.
Account, out of labor force in Latin America & Caribbean (excluding high income), year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 27.1% | — |
| 2014 | 40.7% | +50.5% |
| 2017 | 44.2% | +8.6% |
| 2021 | 57.6% | +30.1% |
| 2024 | 59.6% | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 37.3% | 27.1% | 44.2% | 3 |
| 2020s | 58.6% | 57.6% | 59.6% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
More reference data data for Latin America & Caribbean (excluding high income)
- Exchange rate, new LCU per USD extended backward, period average 466.52 (2026)
- CPI Price, nominal 227.47 (2026)
- CPI Price, nominal, seas. adj. 223.29 (2026)
- School age population, one year before than official primary entry 5.10 million number (2019)
- School life expectancy, primary, both sexes 6.17 years (2019)
- School age population, one year before than official primary entry 4.89 million number (2019)
- School age population, one year before than official primary entry 9.99 million number (2019)
- School life expectancy, primary, female 6.12 years (2019)
- School life expectancy, primary, male 6.21 years (2019)
- Share of all students in secondary education enrolled in general 87.4% (2019)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is account, out of labor force in Latin America & Caribbean (excluding high income)?
- Account, out of labor force in Latin America & Caribbean (excluding high income) was 59.6% in 2024, according to Global Findex database.
- What is the highest account, out of labor force recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 59.6% in 2024.
- What is the lowest account, out of labor force recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 27.1% in 2011.
- How does Latin America & Caribbean (excluding high income) rank for account, out of labor force?
- Latin America & Caribbean (excluding high income) ranks 8th out of 12 groups with data for 2024.
- Is account, out of labor force rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Global Findex database, published as part of Account, out of labor force (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), out of labor force (% age 15+)