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Economy, jobs and prices in Los Rios, Ecuador: official figures

The unemployment rate in Los Rios was 1.7% in 2025, below the national rate of 3.6%; 7th lowest of the 24 provinces. In 2019 it was 2.8%.

Unemployment rate
1.7%
2025
Gross value added (US$ million, current prices)
US$4.4 billion
2024 (provisional)

What share of workers in Los Rios have adequate employment?

32.5% of the economically active population in Los Rios had adequate employment in 2025 (full-time work at or above the minimum wage), against 37.1% nationally; 7th highest of the 24 provinces. The 2019 figure was 31.9%.

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

What is the underemployment rate in Los Rios?

The underemployment rate in Los Rios was 28.4% in 2025 (national 19.4%), 2nd highest of the 24 provinces; in 2019 it was 27.0%.

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

How big is the informal sector in Los Rios?

The informal sector accounted for 51.4% of employment in Los Rios in 2025, below the national figure of 51.5%; 5th lowest of the 24 provinces. In 2018 it was 50.1%.

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

How many people in Los Rios work without pay?

The unpaid employment rate in Los Rios was 3.3% in 2025 (national 8.8%), 3rd 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 Los Rios?

The labour force participation rate in Los Rios was 58.6% in 2025 against 64.3% nationally, 6th 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 Los Rios?

The Banco Central del Ecuador puts the gross value added of Los Rios at US$4.4 billion in 2024 (provisional, current prices), 3.8% of the national US$115.1 billion; 6th highest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

Is the economy of Los Rios growing?

Gross value added in Los Rios was US$3.9 billion in 2023 and US$4.4 billion in 2024, a change of +12.8% against +1.2% nationally. Compared with 2019 (before the pandemic) it is +39.4% in current prices (+14.0% nationally); 3rd highest growth of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

What is the GDP per person in Los Rios?

Gross value added per person in Los Rios was US$4,522 in 2024 (provisional), below the national average of US$6,407; 10th highest of the 24 provinces. In 2018 it was US$3,422.

Source: Banco Central del Ecuador · saved copy

What are the main industries in Los Rios?

The largest activity group in the economy of Los Rios in 2024 was agriculture, livestock, forestry and fishing, with 50.2% of gross value added. Other groups: wholesale and retail trade 16.0%, manufacturing 6.5%, public administration and defence 7.3%.

Source: Banco Central del Ecuador · saved copy

How important is agriculture in Los Rios?

Agriculture, livestock, forestry and fishing accounted for 50.2% of gross value added in Los Rios in 2024, against 9.9% across the provinces; 2nd highest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How much of the economy of Los Rios comes from oil and mining?

Oil and mining accounted for 0.0% of gross value added in Los Rios in 2024 (all provinces together: 8.7%); 2nd lowest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How much of the economy of Los Rios is public administration?

Public administration and defence made up 7.3% of gross value added in Los Rios in 2024 and education 5.7%, against 7.5% and 5.1% across the provinces; for public administration it is 5th lowest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How Los Rios compares with other provinces

Unemployment rate (2025)

Los Rios ranks 18 of 24, highest first.

RankRegionUnemployment rate
15Santa Elena2.0%
16Tungurahua1.9%
17Chimborazo1.8%
18Los Rios1.7%
19Zamora Chinchipe1.6%
20Santo Domingo de los Tsachilas1.3%
21Bolivar1.2%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Adequate employment rate (2025)

Los Rios ranks 7 of 24, highest first.

RankRegionAdequate employment rate
4El Oro42.6%
5Guayas41.3%
6Santo Domingo de los Tsachilas39.4%
7Los Rios32.5%
8Zamora Chinchipe32.1%
9Canar31.7%
10Santa Elena31.5%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Underemployment rate (2025)

Los Rios ranks 2 of 24, highest first.

RankRegionUnderemployment rate
1Manabi28.5%
2Los Rios28.4%
3Santa Elena27.2%
4Napo25.3%
5Guayas22.9%
6Esmeraldas22.6%
7Cotopaxi20.5%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Informal sector share of employment (2025)

Los Rios ranks 20 of 24, highest first.

RankRegionInformal sector share of employment
17Imbabura54.2%
18Tungurahua52.0%
19Guayas51.9%
20Los Rios51.4%
21Azuay47.2%
22El Oro43.3%
23Pichincha28.4%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

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

Los Rios ranks 6 of 24, highest first.

RankRegionGross value added (current US$ million)
3ManabiUS$6,377 million
4OrellanaUS$6,045 million
5AzuayUS$5,331 million
6Los RiosUS$4,380 million
7El OroUS$3,916 million
8SucumbiosUS$3,192 million
9TungurahuaUS$2,558 million
Source: Banco Central del Ecuador · saved copy

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

Los Rios ranks 10 of 24, highest first.

RankRegionGross value added per person (US$)
7GuayasUS$7,435
8AzuayUS$6,414
9El OroUS$5,231
10Los RiosUS$4,522
11TungurahuaUS$4,417
12NapoUS$4,251
13Santo Domingo de los TsachilasUS$3,902
Source: Banco Central del Ecuador · saved copy

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

Los Rios ranks 3 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))

Los Rios ranks 2 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))

Los Rios ranks 23 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))

Los Rios ranks 20 of 24, highest first.

RankRegionPublic administration and defence share of value added
17El Oro8.5%
18Santo Domingo de los Tsachilas8.2%
19Sucumbios7.6%
20Los Rios7.3%
21Bolivar6.3%
22Pichincha6.2%
23Guayas4.9%
Source: Banco Central del Ecuador · saved copy

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

Sources

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