Finland vs Latin America and the Caribbean: Upper-middle income: LU2: Combined rate of time-related underemployment and unemployment

Finland
17.07
in 2027
Latin America and the Caribbean: Upper-middle income
11.33
in 2027
Finland rank
36th
Latin America and the Caribbean: Upper-middle income rank
36th

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

  • Finland
  • Latin America and the Caribbean: Upper-middle income
05101520200520162027

How they compare

Finland currently reports 17.07 against 11.33 in Latin America and the Caribbean: Upper-middle income, a difference of 5.74.

That makes Finland's figure about 1.5 times Latin America and the Caribbean: Upper-middle income's.

The two have swapped places 3 times across 23 shared years of data; in 2005 it was Latin America and the Caribbean: Upper-middle income ahead.

Finland ranks 36th and Latin America and the Caribbean: Upper-middle income ranks 36th of 188 countries.

Across the 3 decades both report, Finland averaged higher in 1 and Latin America and the Caribbean: Upper-middle income in 2.

Head to head by decade

Decade Finland Latin America and the Caribbean: Upper-middle income Difference Ahead
2000s 11.96 14.6 2.64 Latin America and the Caribbean: Upper-middle income
2010s 13.25 13.99 0.7358 Latin America and the Caribbean: Upper-middle income
2020s 15.12 13.56 1.56 Finland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lu2: combined rate of time-related underemployment and unemployment, Finland or Latin America and the Caribbean: Upper-middle income?
Finland, at 17.07 against 11.33 in Latin America and the Caribbean: Upper-middle income as of 2027.
What is the difference in lu2: combined rate of time-related underemployment and unemployment between Finland and Latin America and the Caribbean: Upper-middle income?
5.74, with Finland ahead.
How many years of comparable data are there for Finland and Latin America and the Caribbean: Upper-middle income?
23 years are reported by both, from 2005 to 2027.
How do Finland and Latin America and the Caribbean: Upper-middle income rank globally for lu2: combined rate of time-related underemployment and unemployment?
Finland ranks 36th and Latin America and the Caribbean: Upper-middle income ranks 36th 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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Finland vs Latin America and the Caribbean: Upper-middle income: 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/finland/latin-america-and-the-caribbean-upper-middle-income/

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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.