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Equatorial Guinea

Equatorial Guinea Labor Stats

Definitions

  • Child labor > Both sexes: Percentage of all children 5-11 years old who do at least one hour of econmic activity a week or at least 28 hours of househould chores. Children 12-14 are included if they peformed at least 14 hours of economic activiy or at least 28 hours of household chores.
  • Employment rate > Adults: Employment to population ratio is the proportion of a country's population that is employed. Ages 15 and older are generally considered the working-age population.
  • Firing cost > Weeks of wages: Firing cost is the cost of advance notice requirements, severance payments, and penalties due when terminating a redundant worker, expressed in weekly wages. One month is recorded as 4 1/3 weeks.
  • GNI > Current US$: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GNI > Current US$ per capita: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Hours worked > Standard workweek: Standard workweek (hours).
  • Labor force: The total labor force figure
  • Labor force per 1000: The total labor force figure. Figures expressed per thousand population for the same year.
  • Labor force, total: Labor force, total. Total labor force comprises people ages 15 and older who meet the International Labour Organization definition of the economically active population: all people who supply labor for the production of goods and services during a specified period. It includes both the employed and the unemployed. While national practices vary in the treatment of such groups as the armed forces and seasonal or part-time workers, in general the labor force includes the armed forces, the unemployed, and first-time job-seekers, but excludes homemakers and other unpaid caregivers and workers in the informal sector.
  • Labor force, total per 1000: Labor force, total. Total labor force comprises people ages 15 and older who meet the International Labour Organization definition of the economically active population: all people who supply labor for the production of goods and services during a specified period. It includes both the employed and the unemployed. While national practices vary in the treatment of such groups as the armed forces and seasonal or part-time workers, in general the labor force includes the armed forces, the unemployed, and first-time job-seekers, but excludes homemakers and other unpaid caregivers and workers in the informal sector. Figures expressed per thousand population for the same year.
  • Rigidity of employment index: The rigidity of employment index measures the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This index is the average of three subindexes: a difficulty of hiring index, a rigidity of hours index, and a difficulty of firing index. The index ranges from 0 to 100, with higher values indicating more rigid regulations.
  • Salaries and benefits > Hourly minimum wage: Hourly minimum wage at international USD (this means that discrepancies in purchasing power have been compensated for).
  • Salaries and benefits > Minimum wage: Minimum wage.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Salaries and benefits > Workers earning less than $1 per day: Percentage of workers earning less than the equivalent of one USD per day.
  • Unemployment rate: The percent of the labor force that is without jobs. Substantial underemployment might be noted.
STAT AMOUNT DATE RANK HISTORY
Child labor > Both sexes 28% 2011 16th out of 100
Employment rate > Adults 62.6 2008 51st out of 165
Firing cost > Weeks of wages 132.9 weeks of wages 2006 10th out of 163
GNI > Current US$ $11.05 billion 2012 112th out of 176
GNI > Current US$ per capita $15,009.44 2012 37th out of 176
Hours worked > Standard workweek 35 hours 2014 182nd out of 183
Labor force 195,200 2007 148th out of 164
Labor force per 1000 305.18 2007 152nd out of 161
Labor force, total 389,259.21 2012 155th out of 182
Labor force, total per 1000 528.67 2012 26th out of 182
Rigidity of employment index 66 2006 10th out of 165
Salaries and benefits > Hourly minimum wage $1.87 2012 67th out of 148
Salaries and benefits > Minimum wage 129,035 CFA franc ($260). 2014
Salaries and benefits > Workers earning less than $1 per day 3.4% 2005 32nd out of 41
Unemployment rate 30% 1998 2nd out of 12

SOURCES: United Nations Children's Fund. Source tables; International Labour Organisation, Key Indicators of the Labour Market database.; World Development Indicators database; World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries) ("Country Reports on Human Rights Practices for 2013" . State.gov . Retrieved 2014-03-04 .); CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Labour Organization, Key Indicators of the Labour Market database.; International Labour Organization, Key Indicators of the Labour Market database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries); United Nations Statistics Division. Source tables

Citation

"Equatorial Guinea Labor Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Equatorial-Guinea/Labor

  • Equatorial Guinea ranked first for GNI > current US$ per capita amongst Sub-Saharan Africa in 2012.
  • Equatorial Guinea ranked first for unemployment rate amongst Catholic countries in 1998.
  • Equatorial Guinea has ranked last for net income from abroad > constant LCU per million since 2000.
  • Equatorial Guinea ranked first for employment rate > young men amongst Hot countries in 2008.
  • Equatorial Guinea ranked third for GNI per capita > current LCU amongst Christian countries in 2012.