LU2: Combined rate of time-related underemployment and unemployment in Sri Lanka
Sri Lanka: LU2: Combined rate of time-related underemployment and unemployment was 3.62 in 2024. ▬ Flat
LU2: Combined rate of time-related underemployment and unemployment in Sri Lanka, 2010–2024
Source: International Labour Organization.
Analysis
Sri Lanka recorded 3.62 for lu2: combined rate of time-related underemployment and unemployment in 2024. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 36.7% on the previous year and down 3.3% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Sri Lanka peaked at 5.71 in 2023 and was at its lowest, 3.62, in 2024.
Sri Lanka ranks 56th of 61 countries on this measure, in the bottom quarter.
LU2: Combined rate of time-related underemployment and unemployment in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 5.19 | — |
| 2011 | 4.45 | -14.3% |
| 2013 | 4.2 | -5.5% |
| 2014 | 3.74 | -11.0% |
| 2015 | 4.74 | +26.7% |
| 2016 | 4.05 | -14.6% |
| 2017 | 4.48 | +10.7% |
| 2018 | 4.1 | -8.5% |
| 2019 | 4.49 | +9.5% |
| 2020 | 4.59 | +2.3% |
| 2021 | 4 | -12.9% |
| 2022 | 4.3 | +7.5% |
| 2023 | 5.71 | +33.0% |
| 2024 | 3.62 | -36.7% |
Sri Lanka compared with similar countries
- Sri Lanka's 3.62 is below the median for upper middle income countries, which is 8.85, 41% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.38 | 3.74 | 5.19 | 9 |
| 2020s | 4.44 | 3.62 | 5.71 | 5 |
Countries ranked near Sri Lanka
More work & labour data for Sri Lanka
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5555 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5407 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5702 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.3 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.6 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,575 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,218 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 10,672 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 10,578 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 21,249 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Sri Lanka?
- Lu2: combined rate of time-related underemployment and unemployment in Sri Lanka was 3.62 in 2024, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Sri Lanka?
- The highest recorded value was 5.71 in 2023.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Sri Lanka?
- The lowest recorded value was 3.62 in 2024.
- How does Sri Lanka rank for lu2: combined rate of time-related underemployment and unemployment?
- Sri Lanka ranks 56th out of 61 countries with data for 2024.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Sri Lanka?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is flat.
- Where does this Sri Lanka 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.
Download this data
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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.