LU2: Combined rate of time-related … modelled estimates in Central and Western Asia: High income
Central and Western Asia: High income: LU2: Combined rate of time-related … modelled estimates was 5.01 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Central and Western Asia: High income, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, lu2: combined rate of time-related underemployment and unemployment in Central and Western Asia: High income stood at 5.01. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 0.6% on the previous year and down 41.5% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Central and Western Asia: High income peaked at 13.25 in 2005 and was at its lowest, 5.01, in 2027.
Central and Western Asia: High income ranks 84th of 87 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related … modelled estimates in Central and Western Asia: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 13.25 | — |
| 2006 | 12.46 | -6.0% |
| 2007 | 11.03 | -11.5% |
| 2008 | 9.44 | -14.4% |
| 2009 | 11.3 | +19.7% |
| 2010 | 10.34 | -8.5% |
| 2011 | 9.79 | -5.3% |
| 2012 | 11.12 | +13.5% |
| 2013 | 11.74 | +5.6% |
| 2014 | 11.74 | -0.0% |
| 2015 | 10.7 | -8.9% |
| 2016 | 9.54 | -10.8% |
| 2017 | 8.56 | -10.3% |
| 2018 | 6.86 | -19.9% |
| 2019 | 6.26 | -8.7% |
| 2020 | 6.7 | +7.1% |
| 2021 | 7.18 | +7.1% |
| 2022 | 6.02 | -16.2% |
| 2023 | 5.45 | -9.5% |
| 2024 | 5.35 | -1.8% |
| 2025 | 5.27 | -1.6% |
| 2026 | 5.04 | -4.3% |
| 2027 | 5.01 | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.49 | 9.44 | 13.25 | 5 |
| 2010s | 9.66 | 6.26 | 11.74 | 10 |
| 2020s | 5.75 | 5.01 | 7.18 | 8 |
Countries ranked near Central and Western Asia: High income
More work & labour data for Central and Western Asia: High income
- Labour force (ILO modelled estimates) 5,475 (2027)
- Labour force participation rate (ILO modelled estimates) 65.61 (2027)
- Persons outside the labour force (ILO modelled estimates) 2,869 (2027)
- Unemployment rate (ILO modelled estimates) 3.44 (2027)
- Labour dependency ratio 1.11 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 109,135 (2027)
- Output per worker, GDP constant 2015 US $ 93,745 (2027)
- Employment-to-population ratio (ILO modelled estimates) 63.36 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.74 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.54 % change on previous year (2027)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Central and Western Asia: High income?
- Lu2: combined rate of time-related underemployment and unemployment in Central and Western Asia: High income was 5.01 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Central and Western Asia: High income?
- The highest recorded value was 13.25 in 2005.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Central and Western Asia: High income?
- The lowest recorded value was 5.01 in 2027.
- How does Central and Western Asia: High income rank for lu2: combined rate of time-related underemployment and unemployment?
- Central and Western Asia: High income ranks 84th out of 87 groups with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Central and Western Asia: High income?
- Over the last ten years it is down 41.5%. The long-run trend across the full record is falling.
- Where does this Central and Western Asia: High income 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.