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Economy, jobs and prices in Esmeraldas, Ecuador: official figures

The unemployment rate in Esmeraldas was 9.1% in 2025, above the national rate of 3.6%; the highest of the 24 provinces. In 2019 it was 10.4%.

Unemployment rate
9.1%
2025
Gross value added (US$ million, current prices)
US$2.1 billion
2024 (provisional)

What share of workers in Esmeraldas have adequate employment?

25.0% of the economically active population in Esmeraldas had adequate employment in 2025 (full-time work at or above the minimum wage), against 37.1% nationally; 8th lowest of the 24 provinces. The 2019 figure was 24.0%.

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

What is the underemployment rate in Esmeraldas?

The underemployment rate in Esmeraldas was 22.6% in 2025 (national 19.4%), 6th highest of the 24 provinces; in 2019 it was 22.8%.

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

How big is the informal sector in Esmeraldas?

The informal sector accounted for 61.5% of employment in Esmeraldas in 2025, above the national figure of 51.5%; 12th highest of the 24 provinces. In 2018 it was 50.1%.

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

How many people in Esmeraldas work without pay?

The unpaid employment rate in Esmeraldas was 7.0% in 2025 (national 8.8%), 9th lowest 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 Esmeraldas?

The labour force participation rate in Esmeraldas was 58.3% in 2025 against 64.3% nationally, 4th 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 Esmeraldas?

The Banco Central del Ecuador puts the gross value added of Esmeraldas at US$2.1 billion in 2024 (provisional, current prices), 1.8% of the national US$115.1 billion; 10th highest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

Is the economy of Esmeraldas growing?

Gross value added in Esmeraldas was US$1.8 billion in 2023 and US$2.1 billion in 2024, a change of +13.8% against +1.2% nationally. Compared with 2019 (before the pandemic) it is -3.0% in current prices (+14.0% nationally); 3rd lowest growth of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

What is the GDP per person in Esmeraldas?

Gross value added per person in Esmeraldas was US$3,468 in 2024 (provisional), below the national average of US$6,407; 6th lowest of the 24 provinces. In 2018 it was US$4,237.

Source: Banco Central del Ecuador · saved copy

What are the main industries in Esmeraldas?

The largest activity group in the economy of Esmeraldas in 2024 was manufacturing, with 26.3% of gross value added. Other groups: wholesale and retail trade 10.7%, public administration and defence 10.1%.

Source: Banco Central del Ecuador · saved copy

How important is agriculture in Esmeraldas?

Agriculture, livestock, forestry and fishing accounted for 25.1% of gross value added in Esmeraldas in 2024, against 9.9% across the provinces; 5th highest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How much of the economy of Esmeraldas comes from oil and mining?

Oil and mining accounted for 0.0% of gross value added in Esmeraldas in 2024 (all provinces together: 8.7%); 4th lowest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How much of the economy of Esmeraldas is public administration?

Public administration and defence made up 10.1% of gross value added in Esmeraldas in 2024 and education 7.5%, against 7.5% and 5.1% across the provinces; for public administration it is 10th lowest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How Esmeraldas compares with other provinces

Unemployment rate (2025)

Esmeraldas ranks 1 of 24, highest first.

RankRegionUnemployment rate
1Esmeraldas9.1%
2Pichincha6.6%
3Sucumbios6.5%
4Imbabura6.1%
5Carchi4.9%
6Loja4.0%
7El Oro3.9%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Adequate employment rate (2025)

Esmeraldas ranks 17 of 24, highest first.

RankRegionAdequate employment rate
14Sucumbios27.6%
15Loja26.8%
16Cotopaxi25.7%
17Esmeraldas25.0%
18Bolivar24.9%
19Carchi24.4%
20Pastaza24.1%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Underemployment rate (2025)

Esmeraldas ranks 6 of 24, highest first.

RankRegionUnderemployment rate
3Santa Elena27.2%
4Napo25.3%
5Guayas22.9%
6Esmeraldas22.6%
7Cotopaxi20.5%
8El Oro20.5%
9Bolivar20.3%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Informal sector share of employment (2025)

Esmeraldas ranks 12 of 24, highest first.

RankRegionInformal sector share of employment
9Santa Elena62.9%
10Manabi61.7%
11Sucumbios61.5%
12Esmeraldas61.5%
13Carchi60.4%
14Loja60.0%
15Canar56.4%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

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

Esmeraldas ranks 10 of 24, highest first.

RankRegionGross value added (current US$ million)
7El OroUS$3,916 million
8SucumbiosUS$3,192 million
9TungurahuaUS$2,558 million
10EsmeraldasUS$2,087 million
11Santo Domingo de los TsachilasUS$2,043 million
12CotopaxiUS$1,852 million
13LojaUS$1,776 million
Source: Banco Central del Ecuador · saved copy

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

Esmeraldas ranks 19 of 24, highest first.

RankRegionGross value added per person (US$)
16ManabiUS$3,753
17CanarUS$3,611
18LojaUS$3,570
19EsmeraldasUS$3,468
20CarchiUS$3,266
21ImbaburaUS$3,252
22BolivarUS$3,064
Source: Banco Central del Ecuador · saved copy

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

Esmeraldas ranks 22 of 24, highest first.

RankRegionChange in gross value added, 2019 to 2024 (current prices)
18Pichincha+6.1%
19Imbabura+1.7%
20Tungurahua-1.7%
21Chimborazo-2.8%
22Esmeraldas-3.0%
23Carchi-4.0%
24Galapagos-18.0%
Source: Banco Central del Ecuador · saved copy

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

Esmeraldas ranks 5 of 24, highest first.

RankRegionAgriculture, livestock, forestry and fishing share of value added
2Los Rios50.2%
3Cotopaxi32.5%
4Carchi28.2%
5Esmeraldas25.1%
6El Oro22.9%
7Santo Domingo de los Tsachilas20.0%
8Manabi17.6%
Source: Banco Central del Ecuador · saved copy

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

Esmeraldas ranks 21 of 24, highest first.

RankRegionOil and mining share of value added
18Manabi0.1%
19Canar0.1%
20Pichincha0.1%
21Esmeraldas0.0%
22Tungurahua0.0%
23Los Rios0.0%
24Galapagos0.0%
Source: Banco Central del Ecuador · saved copy

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

Esmeraldas ranks 15 of 24, highest first.

RankRegionPublic administration and defence share of value added
12Cotopaxi11.1%
13Zamora Chinchipe11.0%
14Tungurahua10.3%
15Esmeraldas10.1%
16Azuay8.9%
17El Oro8.5%
18Santo Domingo de los Tsachilas8.2%
Source: Banco Central del Ecuador · saved copy

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

Sources

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