Caribbean vs Latin America and the Caribbean: Lower-middle income: LU3: Combined rate of unemployment and potential labour force

Caribbean
15.01
in 2027
Latin America and the Caribbean: Lower-middle income
15.68
in 2027
Caribbean rank
17th
Latin America and the Caribbean: Lower-middle income rank
15th

LU3: Combined rate of unemployment and potential labour force over time

  • Caribbean
  • Latin America and the Caribbean: Lower-middle income
05101520200420152027

How they compare

Latin America and the Caribbean: Lower-middle income currently reports 15.68 against 15.01 in Caribbean, a difference of 0.67.

The two have swapped places 2 times across 24 shared years of data; in 2004 it was Latin America and the Caribbean: Lower-middle income ahead.

Caribbean ranks 17th and Latin America and the Caribbean: Lower-middle income ranks 15th of 87 countries.

Latin America and the Caribbean: Lower-middle income has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Caribbean Latin America and the Caribbean: Lower-middle income Difference Ahead
2000s 16.29 17.53 1.25 Latin America and the Caribbean: Lower-middle income
2010s 15.94 16.07 0.1309 Latin America and the Caribbean: Lower-middle income
2020s 15.43 16.55 1.12 Latin America and the Caribbean: Lower-middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lu3: combined rate of unemployment and potential labour force, Caribbean or Latin America and the Caribbean: Lower-middle income?
Latin America and the Caribbean: Lower-middle income, at 15.68 against 15.01 in Caribbean as of 2027.
What is the difference in lu3: combined rate of unemployment and potential labour force between Caribbean and Latin America and the Caribbean: Lower-middle income?
0.67, with Latin America and the Caribbean: Lower-middle income ahead.
How many years of comparable data are there for Caribbean and Latin America and the Caribbean: Lower-middle income?
24 years are reported by both, from 2004 to 2027.
How do Caribbean and Latin America and the Caribbean: Lower-middle income rank globally for lu3: combined rate of unemployment and potential labour force?
Caribbean ranks 17th and Latin America and the Caribbean: Lower-middle income ranks 15th of 87 countries.
Where does this data come from?
International Labour Organization, published as LU3: Combined rate of unemployment and potential labour force (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Caribbean vs Latin America and the Caribbean: Lower-middle income: LU3: Combined rate of unemployment and potential labour force. Statizoid, drawing on International Labour Organization. Retrieved 17 September 2026, from https://labour.statizoid.com/compare/lu3-combined-rate-of-unemployment-and-potential-labour-force-ilo-modelled-estimates/caribbean/latin-america-and-the-caribbean-lower-middle-income/

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About this data

Indicator
LU3: Combined rate of unemployment and potential labour force (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
87 places, 2,088 data points, 2004–2027
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. LU3 represents the share of the extended labour force that are in unemployment or the potential labour force. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.