Iceland vs Latin America and the Caribbean: High income: LU4: Composite measure of labour underutilization

Iceland
24.16
in 2023
Latin America and the Caribbean: High income
4,072
in 2027
Iceland rank
75th
Latin America and the Caribbean: High income rank
76th

LU4: Composite measure of labour underutilization over time

  • Iceland
  • Latin America and the Caribbean: High income
02.0k4.0k6.0k200020132027

How they compare

Latin America and the Caribbean: High income currently reports 4,072 against 24.16 in Iceland, a difference of 4,048.

That makes Latin America and the Caribbean: High income's figure about 168.5 times Iceland's.

Across all 12 years both countries report, Latin America and the Caribbean: High income has been ahead every year.

Iceland ranks 75th and Latin America and the Caribbean: High income ranks 76th of 79 countries.

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

Head to head by decade

Decade Iceland Latin America and the Caribbean: High income Difference Ahead
2000s 9.36 4,274 4,265 Latin America and the Caribbean: High income
2010s 22.3 4,344 4,321 Latin America and the Caribbean: High income
2020s 25.9 4,598 4,572 Latin America and the Caribbean: High income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lu4: composite measure of labour underutilization, Iceland or Latin America and the Caribbean: High income?
Latin America and the Caribbean: High income, at 4,072 against 24.16 in Iceland as of 2027.
What is the difference in lu4: composite measure of labour underutilization between Iceland and Latin America and the Caribbean: High income?
4,048, with Latin America and the Caribbean: High income ahead.
How many years of comparable data are there for Iceland and Latin America and the Caribbean: High income?
12 years are reported by both, from 2006 to 2023.
How do Iceland and Latin America and the Caribbean: High income rank globally for lu4: composite measure of labour underutilization?
Iceland ranks 75th and Latin America and the Caribbean: High income ranks 76th of 79 countries.
Where does this data come from?
International Labour Organization, published as LU4: Composite measure of labour underutilization. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latin America and the Caribbean: High income: LU4: Composite measure of labour underutilization. Statizoid, drawing on International Labour Organization. Retrieved 23 October 2026, from https://labour.statizoid.com/compare/lu4-composite-measure-of-labour-underutilization/iceland/latin-america-and-the-caribbean-high-income/

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About this data

Indicator
LU4: Composite measure of labour underutilization
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
166 places, 3,284 data points, 1991–2027
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU4 represents the share of the extended labour force that are in unemployment, time-related underemployment or the potential labour force. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.