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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%.

Unemployment rate
1.2%
2025
Gross value added (US$ million, current prices)
US$626 million
2024 (provisional)

What share of workers in Bolivar have adequate employment?

24.9% of the economically active population in Bolivar had adequate employment in 2025 (full-time work at or above the minimum wage), against 37.1% nationally; 7th lowest of the 24 provinces. The 2019 figure was 20.9%.

Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

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 copy

How 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 copy

How 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 copy

What 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 copy

How 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 copy

Is 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 copy

What 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 copy

What 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 copy

How 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 copy

How 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 copy

How 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 copy

How Bolivar compares with other provinces

Unemployment rate (2025)

Bolivar ranks 21 of 24, highest first.

RankRegionUnemployment rate
18Los Rios1.7%
19Zamora Chinchipe1.6%
20Santo Domingo de los Tsachilas1.3%
21Bolivar1.2%
22Napo1.2%
23Orellana1.1%
24Morona Santiago0.1%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Adequate employment rate (2025)

Bolivar ranks 18 of 24, highest first.

RankRegionAdequate employment rate
15Loja26.8%
16Cotopaxi25.7%
17Esmeraldas25.0%
18Bolivar24.9%
19Carchi24.4%
20Pastaza24.1%
21Chimborazo21.6%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Underemployment rate (2025)

Bolivar ranks 9 of 24, highest first.

RankRegionUnderemployment rate
6Esmeraldas22.6%
7Cotopaxi20.5%
8El Oro20.5%
9Bolivar20.3%
10Pastaza19.7%
11Tungurahua19.4%
12Santo Domingo de los Tsachilas18.8%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Informal sector share of employment (2025)

Bolivar ranks 3 of 24, highest first.

RankRegionInformal sector share of employment
1Morona Santiago87.4%
2Napo81.5%
3Bolivar77.2%
4Orellana77.1%
5Chimborazo68.1%
6Pastaza66.3%
7Zamora Chinchipe63.3%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Gross value added (current US$ million) (2024 (provisional))

Bolivar ranks 20 of 24, highest first.

RankRegionGross value added (current US$ million)
17ChimborazoUS$1,339 million
18PastazaUS$893 million
19CanarUS$857 million
20BolivarUS$626 million
21NapoUS$589 million
22CarchiUS$581 million
23Morona SantiagoUS$559 million
Source: Banco Central del Ecuador · saved copy

Gross value added per person (US$) (2024 (provisional))

Bolivar ranks 22 of 24, highest first.

RankRegionGross value added per person (US$)
18LojaUS$3,570
19EsmeraldasUS$3,468
20CarchiUS$3,266
21ImbaburaUS$3,252
22BolivarUS$3,064
23ChimborazoUS$2,740
24Morona SantiagoUS$2,707
Source: Banco Central del Ecuador · saved copy

Change in gross value added, 2019 to 2024 (current prices) (2024 (provisional))

Bolivar ranks 2 of 24, highest first.

RankRegionChange in gross value added, 2019 to 2024 (current prices)
1Zamora Chinchipe+385.3%
2Bolivar+51.3%
3Los Rios+39.4%
4Manabi+30.2%
5Morona Santiago+25.2%
6Napo+18.3%
7Guayas+16.7%
Source: Banco Central del Ecuador · saved copy

Agriculture, livestock, forestry and fishing share of value added (2024 (provisional))

Bolivar ranks 1 of 24, highest first.

RankRegionAgriculture, livestock, forestry and fishing share of value added
1Bolivar54.1%
2Los Rios50.2%
3Cotopaxi32.5%
4Carchi28.2%
5Esmeraldas25.1%
6El Oro22.9%
7Santo Domingo de los Tsachilas20.0%
Source: Banco Central del Ecuador · saved copy

Oil and mining share of value added (2024 (provisional))

Bolivar ranks 16 of 24, highest first.

RankRegionOil and mining share of value added
13Guayas0.3%
14Cotopaxi0.2%
15Carchi0.2%
16Bolivar0.2%
17Chimborazo0.1%
18Manabi0.1%
19Canar0.1%
Source: Banco Central del Ecuador · saved copy

Public administration and defence share of value added (2024 (provisional))

Bolivar ranks 21 of 24, highest first.

RankRegionPublic administration and defence share of value added
18Santo Domingo de los Tsachilas8.2%
19Sucumbios7.6%
20Los Rios7.3%
21Bolivar6.3%
22Pichincha6.2%
23Guayas4.9%
24Orellana3.0%
Source: Banco Central del Ecuador · saved copy

More on Bolivar: overview · health · education and schools · poverty and living standards · Ecuador

Sources

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