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

Southern Europe: LU2: Combined rate of time-related underemployment and unemployment was 11.38 in 2027. ▼ Falling

Latest (2027)
11.38
Change on year
down 1.2%
Rank
35th
of 87 groups
All-time high
25.49
in 2013
All-time low
11.38
in 2027
Years of data
23
2005–2027

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

01020302005201620272005: 13.22006: 12.82007: 122008: 132009: 172010: 18.52011: 20.32012: 242013: 25.52014: 24.92015: 232016: 21.32017: 19.42018: 17.42019: 16.12020: 18.22021: 16.72022: 14.82023: 13.52024: 12.32025: 11.82026: 11.52027: 11.4

Source: International Labour Organization.

Analysis

Southern Europe recorded 11.38 for lu2: combined rate of time-related underemployment and unemployment in 2027. That is the lowest value across all 23 years on record.

Compared with earlier readings it is down 1.2% on the previous year and down 41.4% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Southern Europe peaked at 25.49 in 2013 and was at its lowest, 11.38, in 2027.

That places Southern Europe 35th out of 87 groups with data for 2027, putting it in the middle of the range.

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 Southern Europe, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) in Southern Europe, 2005 to 2027.
Year Value Change
2005 13.22
2006 12.8 -3.2%
2007 11.98 -6.4%
2008 12.97 +8.2%
2009 16.98 +30.9%
2010 18.52 +9.1%
2011 20.28 +9.5%
2012 24.01 +18.4%
2013 25.49 +6.2%
2014 24.92 -2.2%
2015 23.02 -7.6%
2016 21.25 -7.7%
2017 19.43 -8.6%
2018 17.45 -10.2%
2019 16.09 -7.8%
2020 18.21 +13.2%
2021 16.75 -8.1%
2022 14.79 -11.6%
2023 13.51 -8.7%
2024 12.32 -8.8%
2025 11.84 -3.9%
2026 11.52 -2.7%
2027 11.38 -1.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.59 11.98 16.98 5
2010s 21.05 16.09 25.49 10
2020s 13.79 11.38 18.21 8

Countries ranked near Southern Europe

  1. 32 New Caledonia 17.97 compare
  2. 33 United States Virgin Islands 17.94 compare
  3. 34 Morocco 17.83 compare
  4. 35 Angola 17.28 compare
  5. 36 Finland 17.07 compare
  6. 37 Nepal 16.87 compare
  7. 38 Bahamas 16.69 compare

See the full ranking of 276 places →

More work & labour data for Southern Europe

All data for Southern Europe →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Southern Europe?
Lu2: combined rate of time-related underemployment and unemployment in Southern Europe was 11.38 in 2027, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Southern Europe?
The highest recorded value was 25.49 in 2013.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Southern Europe?
The lowest recorded value was 11.38 in 2027.
How does Southern Europe rank for lu2: combined rate of time-related underemployment and unemployment?
Southern Europe ranks 35th out of 87 groups with data for 2027.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Southern Europe?
Over the last ten years it is down 41.4%. The long-run trend across the full record is falling.
Where does this Southern Europe 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).

Share, cite or embed this page

Cite this page

LU2: Combined rate of time-related underemployment and unemployment in Southern Europe. 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/southern-europe/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under ILO Terms of Use (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-ilo-modelled-estimates-2/southern-europe/">LU2: Combined rate of time-related underemployment and unemployment in Southern Europe</a> — Statizoid

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.