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

Argentina: LU2: Combined rate of time-related underemployment and unemployment was 18.14 in 2027. ▬ Flat

Latest (2027)
18.14
Change on year
down 1.2%
World rank
31st
of 188 countries
All-time high
25.16
in 2020
All-time low
15.99
in 2013
Years of data
23
2005–2027

LU2: Combined rate of time-related underemployment and unemployment in Argentina, 2005–2027

01020302005201620272005: 24.62006: 21.82007: 18.82008: 17.12009: 19.32010: 17.22011: 16.12012: 16.42013: 162014: 16.72015: 17.42016: 18.52017: 19.22018: 20.92019: 232020: 25.22021: 21.22022: 182023: 16.72024: 18.72025: 18.72026: 18.42027: 18.1

Source: International Labour Organization.

Analysis

The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Argentina is 18.14, measured in 2027.

That represents a change of down 1.2% on the previous year and down 5.6% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Argentina peaked at 25.16 in 2020 and was at its lowest, 15.99, in 2013.

Argentina ranks 31st of 188 countries on this measure, in the top quarter.

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

Annual values for LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) in Argentina, 2005 to 2027.
Year Value Change
2005 24.55
2006 21.76 -11.4%
2007 18.82 -13.5%
2008 17.13 -9.0%
2009 19.27 +12.5%
2010 17.2 -10.8%
2011 16.12 -6.3%
2012 16.35 +1.5%
2013 15.99 -2.2%
2014 16.68 +4.3%
2015 17.45 +4.6%
2016 18.47 +5.8%
2017 19.21 +4.0%
2018 20.86 +8.6%
2019 23.05 +10.4%
2020 25.16 +9.2%
2021 21.21 -15.7%
2022 18 -15.2%
2023 16.66 -7.4%
2024 18.7 +12.2%
2025 18.7 +0.0%
2026 18.36 -1.8%
2027 18.14 -1.2%

Argentina compared with similar countries

  • Argentina's 18.14 is above the median for upper middle income countries, which is 12.16, 1.5× the median. (53 countries reporting)
  • Argentina's 18.14 is above the median for Latin America & Caribbean, which is 12.17, 1.5× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.31 17.13 24.55 5
2010s 18.14 15.99 23.05 10
2020s 19.37 16.66 25.16 8

Countries ranked near Argentina

  1. 28 South Sudan 19.96 compare
  2. 28 Caribbean 12.77 compare
  3. 29 Gambia 19.13 compare
  4. 30 Georgia 18.46 compare
  5. 32 New Caledonia 17.97 compare
  6. 33 United States Virgin Islands 17.94 compare
  7. 34 Morocco 17.83 compare

See the full ranking of 276 places →

More work & labour data for Argentina

All data for Argentina →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Argentina?
Lu2: combined rate of time-related underemployment and unemployment in Argentina was 18.14 in 2027, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Argentina?
The highest recorded value was 25.16 in 2020.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Argentina?
The lowest recorded value was 15.99 in 2013.
How does Argentina rank for lu2: combined rate of time-related underemployment and unemployment?
Argentina ranks 31st out of 188 countries with data for 2027.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Argentina?
Over the last ten years it is down 5.6%. The long-run trend across the full record is flat.
Where does this Argentina data come from?
The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates). Statizoid updates them automatically from the source API.

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LU2: Combined rate of time-related underemployment and unemployment in Argentina. Statizoid, drawing on International Labour Organization. Retrieved 17 September 2026, from https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-ilo-modelled-estimates-2/argentina/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 6,324 data points, 2005–2027
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. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.