LU2: Combined rate of time-related underemployment and unemployment in Peru
Peru: LU2: Combined rate of time-related underemployment and unemployment was 7 in 2022. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Peru, 2000–2022
Source: International Labour Organization.
Analysis
Peru recorded 7 for lu2: combined rate of time-related underemployment and unemployment in 2022.
The figure is down 22.1% on the previous year and down 9.2% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Peru peaked at 14.19 in 2001 and was at its lowest, 4.96, in 2018.
That places Peru 38th out of 61 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 13.71 | — |
| 2001 | 14.19 | +3.5% |
| 2002 | 13.43 | -5.4% |
| 2003 | 11.61 | -13.5% |
| 2004 | 12.35 | +6.4% |
| 2005 | 12.66 | +2.5% |
| 2006 | 13.04 | +3.0% |
| 2007 | 13.81 | +6.0% |
| 2008 | 12.21 | -11.6% |
| 2009 | 12.73 | +4.3% |
| 2010 | 11.83 | -7.1% |
| 2011 | 10.43 | -11.8% |
| 2012 | 7.7 | -26.2% |
| 2013 | 7.34 | -4.7% |
| 2014 | 6.13 | -16.4% |
| 2015 | 6.01 | -2.0% |
| 2016 | 5.88 | -2.1% |
| 2017 | 5.14 | -12.7% |
| 2018 | 4.96 | -3.4% |
| 2019 | 6.84 | +37.7% |
| 2020 | 10.09 | +47.6% |
| 2021 | 8.99 | -10.9% |
| 2022 | 7 | -22.1% |
Peru compared with similar countries
- Peru's 7 is below the median for upper middle income countries, which is 8.85, 79% of the median. (23 countries reporting)
- Peru's 7 is below the median for Latin America & Caribbean, which is 8.77, 80% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.97 | 11.61 | 14.19 | 10 |
| 2010s | 7.23 | 4.96 | 11.83 | 10 |
| 2020s | 8.69 | 7 | 10.09 | 3 |
Countries ranked near Peru
- 35 Zambia 7.59 compare
- 36 Costa Rica 7.28 compare
- 37 Belize 7.04 compare
- 39 Mauritius 6.75 compare
- 40 Luxembourg 6.52 compare
- 41 Netherlands 6.31 compare
More work & labour data for Peru
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4349 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4225 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4473 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6786 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 35,667 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,953 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 19,027 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 19,136 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 38,163 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Peru?
- Lu2: combined rate of time-related underemployment and unemployment in Peru was 7 in 2022, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Peru?
- The highest recorded value was 14.19 in 2001.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Peru?
- The lowest recorded value was 4.96 in 2018.
- How does Peru rank for lu2: combined rate of time-related underemployment and unemployment?
- Peru ranks 38th out of 61 countries with data for 2022.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Peru?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is falling.
- Where does this Peru data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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About this data
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. LU2 represents the share of the labour force, in this case for persons of prime age (i.e., persons ages 25 to 54), that are either in unemployment or time-related underemployment. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.