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Economy, jobs and prices in Santa Elena, Ecuador: official figures

The unemployment rate in Santa Elena was 2.0% in 2025, below the national rate of 3.6%; 10th lowest of the 24 provinces. In 2019 it was 2.8%.

Unemployment rate
2.0%
2025
Gross value added (US$ million, current prices)
US$1.5 billion
2024 (provisional)

What share of workers in Santa Elena have adequate employment?

31.5% of the economically active population in Santa Elena had adequate employment in 2025 (full-time work at or above the minimum wage), against 37.1% nationally; 10th highest of the 24 provinces. The 2019 figure was 33.9%.

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

What is the underemployment rate in Santa Elena?

The underemployment rate in Santa Elena was 27.2% in 2025 (national 19.4%), 3rd highest of the 24 provinces; in 2019 it was 25.0%.

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

How big is the informal sector in Santa Elena?

The informal sector accounted for 62.9% of employment in Santa Elena in 2025, above the national figure of 51.5%; 9th highest of the 24 provinces. In 2018 it was 52.0%.

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

How many people in Santa Elena work without pay?

The unpaid employment rate in Santa Elena was 3.6% in 2025 (national 8.8%), 4th 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 Santa Elena?

The labour force participation rate in Santa Elena was 52.5% in 2025 against 64.3% nationally, the 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 Santa Elena?

The Banco Central del Ecuador puts the gross value added of Santa Elena at US$1.5 billion in 2024 (provisional, current prices), 1.3% of the national US$115.1 billion; 9th lowest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

Is the economy of Santa Elena growing?

Gross value added in Santa Elena was US$1.4 billion in 2023 and US$1.5 billion in 2024, a change of +8.0% against +1.2% nationally. Compared with 2019 (before the pandemic) it is +12.9% in current prices (+14.0% nationally); 12th highest growth of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

What is the GDP per person in Santa Elena?

Gross value added per person in Santa Elena was US$3,783 in 2024 (provisional), below the national average of US$6,407; 10th lowest of the 24 provinces. In 2018 it was US$4,149.

Source: Banco Central del Ecuador · saved copy

What are the main industries in Santa Elena?

The largest activity group in the economy of Santa Elena in 2024 was manufacturing, with 35.1% of gross value added. Other groups: wholesale and retail trade 12.4%, public administration and defence 12.3%.

Source: Banco Central del Ecuador · saved copy

How important is agriculture in Santa Elena?

Agriculture, livestock, forestry and fishing accounted for 4.9% of gross value added in Santa Elena in 2024, against 9.9% across the provinces; 8th lowest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How much of the economy of Santa Elena comes from oil and mining?

Oil and mining accounted for 4.7% of gross value added in Santa Elena in 2024 (all provinces together: 8.7%); 8th highest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How much of the economy of Santa Elena is public administration?

Public administration and defence made up 12.3% of gross value added in Santa Elena in 2024 and education 9.6%, against 7.5% and 5.1% across the provinces; for public administration it is 10th highest of the 24 provinces.

Source: Banco Central del Ecuador · saved copy

How Santa Elena compares with other provinces

Unemployment rate (2025)

Santa Elena ranks 15 of 24, highest first.

RankRegionUnemployment rate
12Manabi2.5%
13Cotopaxi2.1%
14Pastaza2.1%
15Santa Elena2.0%
16Tungurahua1.9%
17Chimborazo1.8%
18Los Rios1.7%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Adequate employment rate (2025)

Santa Elena ranks 10 of 24, highest first.

RankRegionAdequate employment rate
7Los Rios32.5%
8Zamora Chinchipe32.1%
9Canar31.7%
10Santa Elena31.5%
11Tungurahua30.5%
12Imbabura29.3%
13Manabi29.3%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

Underemployment rate (2025)

Santa Elena ranks 3 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)

Santa Elena ranks 9 of 24, highest first.

RankRegionInformal sector share of employment
6Pastaza66.3%
7Zamora Chinchipe63.3%
8Cotopaxi63.1%
9Santa Elena62.9%
10Manabi61.7%
11Sucumbios61.5%
12Esmeraldas61.5%
Source: Instituto Nacional de Estadística y Censos (INEC) · saved copy

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

Santa Elena ranks 16 of 24, highest first.

RankRegionGross value added (current US$ million)
13LojaUS$1,776 million
14Zamora ChinchipeUS$1,684 million
15ImbaburaUS$1,606 million
16Santa ElenaUS$1,526 million
17ChimborazoUS$1,339 million
18PastazaUS$893 million
19CanarUS$857 million
Source: Banco Central del Ecuador · saved copy

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

Santa Elena ranks 15 of 24, highest first.

RankRegionGross value added per person (US$)
12NapoUS$4,251
13Santo Domingo de los TsachilasUS$3,902
14CotopaxiUS$3,786
15Santa ElenaUS$3,783
16ManabiUS$3,753
17CanarUS$3,611
18LojaUS$3,570
Source: Banco Central del Ecuador · saved copy

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

Santa Elena ranks 12 of 24, highest first.

RankRegionChange in gross value added, 2019 to 2024 (current prices)
9Santo Domingo de los Tsachilas+15.5%
10Azuay+14.5%
11Pastaza+14.2%
12Santa Elena+12.9%
13Sucumbios+12.1%
14Orellana+11.9%
15Loja+9.5%
Source: Banco Central del Ecuador · saved copy

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

Santa Elena ranks 17 of 24, highest first.

RankRegionAgriculture, livestock, forestry and fishing share of value added
14Guayas8.4%
15Napo8.2%
16Loja5.7%
17Santa Elena4.9%
18Galapagos4.3%
19Sucumbios4.2%
20Pichincha3.1%
Source: Banco Central del Ecuador · saved copy

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

Santa Elena ranks 8 of 24, highest first.

RankRegionOil and mining share of value added
5Napo10.0%
6El Oro8.7%
7Azuay4.8%
8Santa Elena4.7%
9Imbabura1.0%
10Morona Santiago0.9%
11Loja0.5%
Source: Banco Central del Ecuador · saved copy

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

Santa Elena ranks 10 of 24, highest first.

RankRegionPublic administration and defence share of value added
7Canar15.7%
8Imbabura14.0%
9Pastaza12.9%
10Santa Elena12.3%
11Manabi11.7%
12Cotopaxi11.1%
13Zamora Chinchipe11.0%
Source: Banco Central del Ecuador · saved copy

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

Sources

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