Argentina vs South America: LU2: Combined rate of time-related underemployment and unemployment

Argentina
18.14
in 2027
South America
11.99
in 2027
Argentina rank
31st
South America rank
32nd

LU2: Combined rate of time-related underemployment and unemployment over time

  • Argentina
  • South America
0102030200520162027

How they compare

Argentina currently reports 18.14 against 11.99 in South America, a difference of 6.15.

That makes Argentina's figure about 1.5 times South America's.

Across all 23 years both countries report, Argentina has been ahead every year.

Argentina ranks 31st and South America ranks 32nd of 188 countries.

Argentina has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Argentina South America Difference Ahead
2000s 20.31 15.92 4.39 Argentina
2010s 18.14 14.86 3.27 Argentina
2020s 19.37 14.69 4.68 Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lu2: combined rate of time-related underemployment and unemployment, Argentina or South America?
Argentina, at 18.14 against 11.99 in South America as of 2027.
What is the difference in lu2: combined rate of time-related underemployment and unemployment between Argentina and South America?
6.15, with Argentina ahead.
How many years of comparable data are there for Argentina and South America?
23 years are reported by both, from 2005 to 2027.
How do Argentina and South America rank globally for lu2: combined rate of time-related underemployment and unemployment?
Argentina ranks 31st and South America ranks 32nd of 188 countries.
Where does this data come from?
International Labour Organization, published as LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs South America: LU2: Combined rate of time-related underemployment and unemployment. Statizoid, drawing on International Labour Organization. Retrieved 17 September 2026, from https://labour.statizoid.com/compare/lu2-combined-rate-of-time-related-underemployment-and-unemployment-ilo-modelled-estimates/argentina/south-america/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 6,324 data points, 2005–2027
Last refreshed

Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.