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

Belize: LU2: Combined rate of time-related underemployment and unemployment was 12.73 in 2027. ▲ Rising

Latest (2027)
12.73
Change on year
up 0.6%
World rank
70th
of 188 countries
All-time high
15.38
in 2020
All-time low
9.83
in 2017
Years of data
23
2005–2027

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

0510152005201620272005: 14.52006: 12.72007: 11.62008: 11.22009: 11.42010: 11.52011: 11.62012: 11.52013: 11.52014: 11.12015: 9.82016: 9.92017: 9.82018: 13.52019: 13.22020: 15.42021: 14.42022: 12.32023: 11.72024: 12.22025: 12.52026: 12.62027: 12.7

Source: International Labour Organization.

Analysis

Belize recorded 12.73 for lu2: combined rate of time-related underemployment and unemployment in 2027.

The figure is up 0.6% on the previous year and up 29.5% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Belize peaked at 15.38 in 2020 and was at its lowest, 9.83, in 2017.

That places Belize 70th out of 188 countries with data for 2027, putting it in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

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

Annual values for LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) in Belize, 2005 to 2027.
Year Value Change
2005 14.52
2006 12.68 -12.7%
2007 11.62 -8.4%
2008 11.23 -3.4%
2009 11.41 +1.6%
2010 11.53 +1.0%
2011 11.55 +0.2%
2012 11.51 -0.4%
2013 11.48 -0.2%
2014 11.08 -3.5%
2015 9.85 -11.1%
2016 9.92 +0.7%
2017 9.83 -0.9%
2018 13.45 +36.9%
2019 13.18 -2.1%
2020 15.38 +16.7%
2021 14.4 -6.4%
2022 12.26 -14.9%
2023 11.71 -4.4%
2024 12.22 +4.3%
2025 12.52 +2.5%
2026 12.65 +1.1%
2027 12.73 +0.6%

Belize compared with similar countries

  • Belize's 12.73 is above the median for upper middle income countries, which is 12.16, 1.0× the median. (53 countries reporting)
  • Belize's 12.73 is above the median for Latin America & Caribbean, which is 12.17, 1.0× the median. (31 countries reporting)

Biggest year-on-year movements

Years where LU2: Combined rate of time-related underemployment and unemployment in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +36.9% 9.83 13.45

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.29 11.23 14.52 5
2010s 11.34 9.83 13.45 10
2020s 12.98 11.71 15.38 8

Countries ranked near Belize

  1. 67 Lebanon 12.85 compare
  2. 68 Bosnia and Herzegovina 12.84 compare
  3. 69 Peru 12.81 compare
  4. 71 Sweden 12.49 compare
  5. 72 Cote d'Ivoire 12.19 compare
  6. 73 Barbados 12.17 compare

See the full ranking of 276 places →

More work & labour data for Belize

All data for Belize →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Belize?
Lu2: combined rate of time-related underemployment and unemployment in Belize was 12.73 in 2027, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Belize?
The highest recorded value was 15.38 in 2020.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Belize?
The lowest recorded value was 9.83 in 2017.
How does Belize rank for lu2: combined rate of time-related underemployment and unemployment?
Belize ranks 70th out of 188 countries with data for 2027.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Belize?
Over the last ten years it is up 29.5%. The long-run trend across the full record is rising.
Where does this Belize 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 Belize. 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/belize/

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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.