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

Finland: LU2: Combined rate of time-related underemployment and unemployment was 17.07 in 2027. ▲ Rising

Latest (2027)
17.07
Change on year
down 0.8%
World rank
36th
of 188 countries
All-time high
17.2
in 2026
All-time low
10.14
in 2008
Years of data
23
2005–2027

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

0510152005201620272005: 13.12006: 13.12007: 10.52008: 10.12009: 12.92010: 132011: 12.12012: 11.92013: 12.92014: 13.82015: 152016: 14.72017: 14.22018: 12.62019: 12.32020: 13.62021: 13.72022: 12.82023: 13.72024: 15.92025: 172026: 17.22027: 17.1

Source: International Labour Organization.

Analysis

In 2027, lu2: combined rate of time-related underemployment and unemployment in Finland stood at 17.07.

Compared with earlier readings it is down 0.8% on the previous year and up 20.6% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Finland peaked at 17.2 in 2026 and was at its lowest, 10.14, in 2008.

Finland ranks 36th of 188 countries on this measure, in the top quarter.

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 Finland, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) in Finland, 2005 to 2027.
Year Value Change
2005 13.1
2006 13.1 -0.0%
2007 10.54 -19.5%
2008 10.14 -3.8%
2009 12.92 +27.4%
2010 12.99 +0.5%
2011 12.08 -6.9%
2012 11.93 -1.3%
2013 12.95 +8.5%
2014 13.78 +6.4%
2015 15.01 +8.9%
2016 14.72 -2.0%
2017 14.15 -3.9%
2018 12.58 -11.1%
2019 12.34 -1.9%
2020 13.63 +10.4%
2021 13.67 +0.3%
2022 12.76 -6.7%
2023 13.73 +7.6%
2024 15.88 +15.7%
2025 17.03 +7.2%
2026 17.2 +1.0%
2027 17.07 -0.8%

Finland compared with similar countries

  • Finland's 17.07 is above the median for high income countries, which is 8.6, 2.0× the median. (62 countries reporting)
  • Finland's 17.07 is above the median for Europe & Central Asia, which is 9.18, 1.9× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.96 10.14 13.1 5
2010s 13.25 11.93 15.01 10
2020s 15.12 12.76 17.2 8

Countries ranked near Finland

  1. 33 United States Virgin Islands 17.94 compare
  2. 34 Morocco 17.83 compare
  3. 35 Angola 17.28 compare
  4. 37 Nepal 16.87 compare
  5. 38 Bahamas 16.69 compare
  6. 39 Saint Lucia 16.48 compare

See the full ranking of 276 places →

More work & labour data for Finland

All data for Finland →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Finland?
Lu2: combined rate of time-related underemployment and unemployment in Finland was 17.07 in 2027, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Finland?
The highest recorded value was 17.2 in 2026.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Finland?
The lowest recorded value was 10.14 in 2008.
How does Finland rank for lu2: combined rate of time-related underemployment and unemployment?
Finland ranks 36th out of 188 countries with data for 2027.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Finland?
Over the last ten years it is up 20.6%. The long-run trend across the full record is rising.
Where does this Finland 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 Finland. 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/finland/

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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.