LU2: Combined rate of time-related underemployment and unemployment in Greece

Greece: LU2: Combined rate of time-related underemployment and unemployment was 11.66 in 2025. ▼ Falling

Latest (2025)
11.66
Change on year
down 12.5%
World rank
20th
of 58 countries
All-time high
32.35
in 2014
All-time low
11.66
in 2025
Years of data
12
2014–2025

LU2: Combined rate of time-related underemployment and unemployment in Greece, 2014–2025

01020302014201920252014: 32.42015: 30.72016: 29.52017: 27.22018: 24.62019: 22.22020: 20.72021: 19.92022: 17.12023: 14.92024: 13.32025: 11.7

Source: International Labour Organization.

Analysis

In 2025, lu2: combined rate of time-related underemployment and unemployment in Greece stood at 11.66. That is the lowest value across all 12 years on record.

That represents a change of down 12.5% on the previous year and down 62.1% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Greece peaked at 32.35 in 2014 and was at its lowest, 11.66, in 2025.

Greece ranks 20th of 58 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

LU2: Combined rate of time-related underemployment and unemployment in Greece, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (current ILO definition - ICLS19) (15+) in Greece, 2014 to 2025.
Year Value Change
2014 32.35
2015 30.75 -5.0%
2016 29.47 -4.1%
2017 27.17 -7.8%
2018 24.61 -9.4%
2019 22.25 -9.6%
2020 20.73 -6.8%
2021 19.91 -4.0%
2022 17.13 -13.9%
2023 14.88 -13.1%
2024 13.32 -10.5%
2025 11.66 -12.5%

Greece compared with similar countries

  • Greece's 11.66 is above the median for high income countries, which is 8.88, 1.3× the median. (44 countries reporting)
  • Greece's 11.66 is above the median for Europe & Central Asia, which is 8.89, 1.3× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 27.77 22.25 32.35 6
2020s 16.27 11.66 20.73 6

Countries ranked near Greece

  1. 17 Belgium 12.45 compare
  2. 18 Angola 12.13 compare
  3. 19 Barbados 11.87 compare
  4. 21 Denmark 10.6 compare
  5. 22 Luxembourg 10.34 compare
  6. 23 Portugal 10.25 compare

See the full ranking of 58 places →

More work & labour data for Greece

All data for Greece →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Greece?
Lu2: combined rate of time-related underemployment and unemployment in Greece was 11.66 in 2025, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Greece?
The highest recorded value was 32.35 in 2014.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Greece?
The lowest recorded value was 11.66 in 2025.
How does Greece rank for lu2: combined rate of time-related underemployment and unemployment?
Greece ranks 20th out of 58 countries with data for 2025.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Greece?
Over the last ten years it is down 62.1%. The long-run trend across the full record is falling.
Where does this Greece data come from?
The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.

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LU2: Combined rate of time-related underemployment and unemployment in Greece. Statizoid, drawing on International Labour Organization. Retrieved 22 September 2026, from https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-current-ilo-definition/greece/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (current ILO definition - ICLS19) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
58 places, 604 data points, 2014–2025
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 includes only countries for which the 19th ICLS definitions are applied. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.