Economy, jobs and prices in Bolivar, Ecuador: official figures
The unemployment rate in Bolivar was 1.2% in 2025, below the national rate of 3.6%; 4th lowest of the 24 provinces. In 2019 it was 1.4%.
What is the underemployment rate in Bolivar?
The underemployment rate in Bolivar was 20.3% in 2025 (national 19.4%), 9th highest of the 24 provinces; in 2019 it was 16.8%.
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copyHow big is the informal sector in Bolivar?
The informal sector accounted for 77.2% of employment in Bolivar in 2025, above the national figure of 51.5%; 3rd highest of the 24 provinces. In 2018 it was 71.7%.
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copyHow many people in Bolivar work without pay?
The unpaid employment rate in Bolivar was 14.6% in 2025 (national 8.8%), 11th highest of the 24 provinces. Unpaid work covers people who earn no labour income, such as unpaid family workers.
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copyWhat is the labour force participation rate in Bolivar?
The labour force participation rate in Bolivar was 58.4% in 2025 against 64.3% nationally, 5th lowest of the 24 provinces. Participation counts people aged 15 and over who work or look for work.
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copyHow large is the economy of Bolivar?
The Banco Central del Ecuador puts the gross value added of Bolivar at US$626 million in 2024 (provisional, current prices), 0.5% of the national US$115.1 billion; 5th lowest of the 24 provinces.
Source: Banco Central del Ecuador · saved copyIs the economy of Bolivar growing?
Gross value added in Bolivar was US$499 million in 2023 and US$626 million in 2024, a change of +25.4% against +1.2% nationally. Compared with 2019 (before the pandemic) it is +51.3% in current prices (+14.0% nationally); 2nd highest growth of the 24 provinces.
Source: Banco Central del Ecuador · saved copyWhat is the GDP per person in Bolivar?
Gross value added per person in Bolivar was US$3,064 in 2024 (provisional), below the national average of US$6,407; 3rd lowest of the 24 provinces. In 2018 it was US$1,984.
Source: Banco Central del Ecuador · saved copyWhat are the main industries in Bolivar?
The largest activity group in the economy of Bolivar in 2024 was agriculture, livestock, forestry and fishing, with 54.1% of gross value added. Other groups: wholesale and retail trade 8.5%, manufacturing 0.8%, public administration and defence 6.3%.
Source: Banco Central del Ecuador · saved copyHow important is agriculture in Bolivar?
Agriculture, livestock, forestry and fishing accounted for 54.1% of gross value added in Bolivar in 2024, against 9.9% across the provinces; the highest of the 24 provinces.
Source: Banco Central del Ecuador · saved copyHow much of the economy of Bolivar comes from oil and mining?
Oil and mining accounted for 0.2% of gross value added in Bolivar in 2024 (all provinces together: 8.7%); 9th lowest of the 24 provinces.
Source: Banco Central del Ecuador · saved copyHow much of the economy of Bolivar is public administration?
Public administration and defence made up 6.3% of gross value added in Bolivar in 2024 and education 10.5%, against 7.5% and 5.1% across the provinces; for public administration it is 4th lowest of the 24 provinces.
Source: Banco Central del Ecuador · saved copyHow Bolivar compares with other provinces
Unemployment rate (2025)
Bolivar ranks 21 of 24, highest first.
| Rank | Region | Unemployment rate |
|---|---|---|
| 18 | Los Rios | 1.7% |
| 19 | Zamora Chinchipe | 1.6% |
| 20 | Santo Domingo de los Tsachilas | 1.3% |
| 21 | Bolivar | 1.2% |
| 22 | Napo | 1.2% |
| 23 | Orellana | 1.1% |
| 24 | Morona Santiago | 0.1% |
Adequate employment rate (2025)
Bolivar ranks 18 of 24, highest first.
| Rank | Region | Adequate employment rate |
|---|---|---|
| 15 | Loja | 26.8% |
| 16 | Cotopaxi | 25.7% |
| 17 | Esmeraldas | 25.0% |
| 18 | Bolivar | 24.9% |
| 19 | Carchi | 24.4% |
| 20 | Pastaza | 24.1% |
| 21 | Chimborazo | 21.6% |
Underemployment rate (2025)
Bolivar ranks 9 of 24, highest first.
| Rank | Region | Underemployment rate |
|---|---|---|
| 6 | Esmeraldas | 22.6% |
| 7 | Cotopaxi | 20.5% |
| 8 | El Oro | 20.5% |
| 9 | Bolivar | 20.3% |
| 10 | Pastaza | 19.7% |
| 11 | Tungurahua | 19.4% |
| 12 | Santo Domingo de los Tsachilas | 18.8% |
Informal sector share of employment (2025)
Bolivar ranks 3 of 24, highest first.
| Rank | Region | Informal sector share of employment |
|---|---|---|
| 1 | Morona Santiago | 87.4% |
| 2 | Napo | 81.5% |
| 3 | Bolivar | 77.2% |
| 4 | Orellana | 77.1% |
| 5 | Chimborazo | 68.1% |
| 6 | Pastaza | 66.3% |
| 7 | Zamora Chinchipe | 63.3% |
Gross value added (current US$ million) (2024 (provisional))
Bolivar ranks 20 of 24, highest first.
| Rank | Region | Gross value added (current US$ million) |
|---|---|---|
| 17 | Chimborazo | US$1,339 million |
| 18 | Pastaza | US$893 million |
| 19 | Canar | US$857 million |
| 20 | Bolivar | US$626 million |
| 21 | Napo | US$589 million |
| 22 | Carchi | US$581 million |
| 23 | Morona Santiago | US$559 million |
Gross value added per person (US$) (2024 (provisional))
Bolivar ranks 22 of 24, highest first.
| Rank | Region | Gross value added per person (US$) |
|---|---|---|
| 18 | Loja | US$3,570 |
| 19 | Esmeraldas | US$3,468 |
| 20 | Carchi | US$3,266 |
| 21 | Imbabura | US$3,252 |
| 22 | Bolivar | US$3,064 |
| 23 | Chimborazo | US$2,740 |
| 24 | Morona Santiago | US$2,707 |
Change in gross value added, 2019 to 2024 (current prices) (2024 (provisional))
Bolivar ranks 2 of 24, highest first.
| Rank | Region | Change in gross value added, 2019 to 2024 (current prices) |
|---|---|---|
| 1 | Zamora Chinchipe | +385.3% |
| 2 | Bolivar | +51.3% |
| 3 | Los Rios | +39.4% |
| 4 | Manabi | +30.2% |
| 5 | Morona Santiago | +25.2% |
| 6 | Napo | +18.3% |
| 7 | Guayas | +16.7% |
Agriculture, livestock, forestry and fishing share of value added (2024 (provisional))
Bolivar ranks 1 of 24, highest first.
| Rank | Region | Agriculture, livestock, forestry and fishing share of value added |
|---|---|---|
| 1 | Bolivar | 54.1% |
| 2 | Los Rios | 50.2% |
| 3 | Cotopaxi | 32.5% |
| 4 | Carchi | 28.2% |
| 5 | Esmeraldas | 25.1% |
| 6 | El Oro | 22.9% |
| 7 | Santo Domingo de los Tsachilas | 20.0% |
Oil and mining share of value added (2024 (provisional))
Bolivar ranks 16 of 24, highest first.
| Rank | Region | Oil and mining share of value added |
|---|---|---|
| 13 | Guayas | 0.3% |
| 14 | Cotopaxi | 0.2% |
| 15 | Carchi | 0.2% |
| 16 | Bolivar | 0.2% |
| 17 | Chimborazo | 0.1% |
| 18 | Manabi | 0.1% |
| 19 | Canar | 0.1% |
Public administration and defence share of value added (2024 (provisional))
Bolivar ranks 21 of 24, highest first.
| Rank | Region | Public administration and defence share of value added |
|---|---|---|
| 18 | Santo Domingo de los Tsachilas | 8.2% |
| 19 | Sucumbios | 7.6% |
| 20 | Los Rios | 7.3% |
| 21 | Bolivar | 6.3% |
| 22 | Pichincha | 6.2% |
| 23 | Guayas | 4.9% |
| 24 | Orellana | 3.0% |
More on Bolivar: overview · health · education and schools · poverty and living standards · Ecuador
Sources
- Instituto Nacional de Estadística y Censos (INEC): ENEMDU Anual 2025 (Encuesta Nacional de Empleo, Desempleo y Subempleo): tabulados de mercado laboral, educación, vivienda, pobreza y desigualdad por provincia, 2018-2025, read 23 October 2026 · saved copy (SHA-256 f969666762d3…)
- Banco Central del Ecuador: Valor Agregado Bruto per cápita provincial y cantonal 2018-2024(p), Cuentas Nacionales Regionales, read 23 October 2026 · saved copy (SHA-256 7cc7b914bc8b…)
- Banco Central del Ecuador: Cuentas Provinciales 2024(p): valor agregado bruto por industria, valores corrientes, read 23 October 2026 · saved copy (SHA-256 bfee6bc272cc…)
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