LU2: Combined rate of time-related underemployment and unemployment in Cape Verde
Cape Verde: LU2: Combined rate of time-related underemployment and unemployment was 25.14 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Cape Verde, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, lu2: combined rate of time-related underemployment and unemployment in Cape Verde stood at 25.14.
Compared with earlier readings it is up 0.5% on the previous year and down 4.3% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Cape Verde peaked at 28.57 in 2020 and was at its lowest, 24.42, in 2010.
That places Cape Verde 17th out of 188 countries with data for 2027, putting it in the top 10%.
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 Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 27.6 | — |
| 2006 | 27.52 | -0.3% |
| 2007 | 27.41 | -0.4% |
| 2008 | 27.42 | +0.0% |
| 2009 | 27.65 | +0.9% |
| 2010 | 24.42 | -11.7% |
| 2011 | 24.75 | +1.4% |
| 2012 | 24.98 | +0.9% |
| 2013 | 25.28 | +1.2% |
| 2014 | 25.62 | +1.4% |
| 2015 | 25.9 | +1.1% |
| 2016 | 26.09 | +0.7% |
| 2017 | 26.27 | +0.7% |
| 2018 | 25.07 | -4.6% |
| 2019 | 25.08 | +0.1% |
| 2020 | 28.57 | +13.9% |
| 2021 | 27.02 | -5.4% |
| 2022 | 25.21 | -6.7% |
| 2023 | 24.8 | -1.6% |
| 2024 | 24.8 | -0.0% |
| 2025 | 24.88 | +0.3% |
| 2026 | 25 | +0.5% |
| 2027 | 25.14 | +0.5% |
Cape Verde compared with similar countries
- Cape Verde's 25.14 is above the median for upper middle income countries, which is 12.16, 2.1× the median. (53 countries reporting)
- Cape Verde's 25.14 is above the median for Sub-Saharan Africa, which is 13.61, 1.8× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.52 | 27.41 | 27.65 | 5 |
| 2010s | 25.34 | 24.42 | 26.27 | 10 |
| 2020s | 25.68 | 24.8 | 28.57 | 8 |
Countries ranked near Cape Verde
- 15 Saint Vincent and the Grenadines 25.65 compare
- 16 Libya 25.47 compare
- 18 Yemen 24 compare
- 19 Armenia 23.45 compare
- 20 Azerbaijan 23.35 compare
More work & labour data for Cape Verde
- Persons outside the labour force (ILO modelled estimates) 176.12 (2027)
- Labour force participation rate (ILO modelled estimates) 57.01 (2027)
- Labour force (ILO modelled estimates) 233.52 (2027)
- Unemployment rate (ILO modelled estimates) 12.15 (2027)
- Labour dependency ratio 1.59 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 29,137 (2027)
- Output per worker, GDP constant 2015 US $ 13,162 (2027)
- Employment-to-population ratio (ILO modelled estimates) 50.08 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.57 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.53 % change on previous year (2027)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Cape Verde?
- Lu2: combined rate of time-related underemployment and unemployment in Cape Verde was 25.14 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Cape Verde?
- The highest recorded value was 28.57 in 2020.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Cape Verde?
- The lowest recorded value was 24.42 in 2010.
- How does Cape Verde rank for lu2: combined rate of time-related underemployment and unemployment?
- Cape Verde ranks 17th out of 188 countries with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Cape Verde?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is falling.
- Where does this Cape Verde 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.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
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.