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

Colombia: LU2: Combined rate of time-related underemployment and unemployment was 12.16 in 2027. ▼ Falling

Latest (2027)
12.16
Change on year
down 1.4%
World rank
74th
of 188 countries
All-time high
23.23
in 2020
All-time low
12.16
in 2027
Years of data
23
2005–2027

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

05101520252005201620272005: 19.22006: 18.12007: 17.12008: 16.32009: 17.72010: 18.42011: 17.32012: 17.62013: 16.72014: 15.22015: 14.82016: 15.22017: 15.22018: 152019: 16.62020: 23.22021: 20.42022: 15.52023: 14.32024: 14.12025: 12.72026: 12.32027: 12.2

Source: International Labour Organization.

Analysis

Colombia recorded 12.16 for lu2: combined rate of time-related underemployment and unemployment in 2027. That is the lowest value across all 23 years on record.

That represents a change of down 1.4% on the previous year and down 19.8% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Colombia peaked at 23.23 in 2020 and was at its lowest, 12.16, in 2027.

Colombia ranks 74th of 188 countries on this measure, 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 Colombia, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+) in Colombia, 2005 to 2027.
Year Value Change
2005 19.2
2006 18.1 -5.7%
2007 17.11 -5.5%
2008 16.25 -5.0%
2009 17.66 +8.7%
2010 18.42 +4.3%
2011 17.29 -6.1%
2012 17.56 +1.5%
2013 16.73 -4.7%
2014 15.15 -9.4%
2015 14.85 -2.0%
2016 15.19 +2.3%
2017 15.15 -0.2%
2018 15.04 -0.7%
2019 16.59 +10.2%
2020 23.23 +40.1%
2021 20.38 -12.3%
2022 15.47 -24.1%
2023 14.26 -7.8%
2024 14.05 -1.4%
2025 12.73 -9.4%
2026 12.33 -3.2%
2027 12.16 -1.4%

Colombia compared with similar countries

  • Colombia's 12.16 is above the median for upper middle income countries, which is 12.16, 1.0× the median. (53 countries reporting)
  • Colombia's 12.16 is below the median for Latin America & Caribbean, which is 12.17, 100% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where LU2: Combined rate of time-related underemployment and unemployment in Colombia 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
2020 +40.1% 16.59 23.23

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.66 16.25 19.2 5
2010s 16.2 14.85 18.42 10
2020s 15.58 12.16 23.23 8

Countries ranked near Colombia

  1. 71 Sweden 12.49 compare
  2. 72 Cote d'Ivoire 12.19 compare
  3. 73 Barbados 12.17 compare
  4. 75 Puerto Rico 12.12 compare
  5. 76 Ireland 12.11 compare
  6. 77 Malawi 12.11 compare

See the full ranking of 276 places →

More work & labour data for Colombia

All data for Colombia →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Colombia?
Lu2: combined rate of time-related underemployment and unemployment in Colombia was 12.16 in 2027, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Colombia?
The highest recorded value was 23.23 in 2020.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Colombia?
The lowest recorded value was 12.16 in 2027.
How does Colombia rank for lu2: combined rate of time-related underemployment and unemployment?
Colombia ranks 74th out of 188 countries with data for 2027.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Colombia?
Over the last ten years it is down 19.8%. The long-run trend across the full record is falling.
Where does this Colombia 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) (15+). Statizoid updates them automatically from the source API.

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LU2: Combined rate of time-related underemployment and unemployment in Colombia. 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/colombia/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+)
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.