Top Industries in Latacunga
Latacunga is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Latacunga include:
Agriculture
Agriculture remains a cornerstone of Latacunga's economy, with a focus on crops like potatoes, corn, and flowers.
Range: $10-$30k
Growth rate: 5%
Manufacturing
The manufacturing sector in Latacunga is growing, particularly in textiles and food processing.
Range: $15-$40k
Growth rate: 7%
Tourism
Tourism is a vital industry in Latacunga, driven by its cultural heritage and proximity to Cotopaxi National Park.
Range: $12-$35k
Growth rate: 6%
Logistics
Logistics is expanding due to infrastructure improvements, enhancing connectivity and trade.
Range: $20-$50k
Growth rate: 8%
Employment Trends and Growth Rates
Latacunga is witnessing a steady job growth rate, particularly in logistics and manufacturing, driven by infrastructure enhancements.
The Gini index reflects moderate income inequality, with efforts underway to improve wage distribution across sectors.
There is a noticeable trend towards increased job turnover in the tourism sector, attributed to seasonal demand fluctuations.
Job Market for Remote and Freelance Workers in Latacunga
Remote work is gaining traction in Latacunga, especially in sectors like IT and marketing, aligning with the national trend of 35% remote work participation.
Local companies are increasingly offering remote positions, with platforms like RemoteLatacunga.com facilitating job searches.
Job Resources and Networking
Latacunga offers several job resources, including local job boards like LatacungaJobs.com and career fairs hosted at the Latacunga Convention Center.
The city also provides access to career development centers and job placement programs to support job seekers.
For national opportunities, platforms like Indeed, LinkedIn, and Glassdoor are valuable resources.
Property Prices Rankings
The Property Prices Rankings for Ecuador evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025