LU2: Combined rate of time-related underemployment and unemployment in Northern, Southern and Western Europe: Upper-middle income

Northern, Southern and Western Europe: Upper-middle income: LU2: Combined rate of time-related underemployment and unemployment was 12.35 in 2027. ▼ Falling

Latest (2027)
12.35
Change on year
down 0.7%
Rank
30th
of 87 groups
All-time high
28.29
in 2014
All-time low
12.35
in 2027
Years of data
23
2005–2027

LU2: Combined rate of time-related underemployment and unemployment in Northern, Southern and Western Europe: Upper-middle income, 2005–2027

01020302005201620272005: 282006: 27.92007: 25.72008: 21.92009: 23.62010: 26.22011: 27.42012: 27.72013: 27.92014: 28.32015: 272016: 24.52017: 21.62018: 19.72019: 16.92020: 16.12021: 15.82022: 14.12023: 13.12024: 12.42025: 12.52026: 12.42027: 12.3

Source: International Labour Organization.

Analysis

The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Northern, Southern and Western Europe: Upper-middle income is 12.35, measured in 2027. That is the lowest value across all 23 years on record.

The figure is down 0.7% on the previous year and down 42.8% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Northern, Southern and Western Europe: Upper-middle income peaked at 28.29 in 2014 and was at its lowest, 12.35, in 2027.

That places Northern, Southern and Western Europe: Upper-middle income 30th 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 Northern, Southern and Western Europe: Upper-middle income, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+) in Northern, Southern and Western Europe: Upper-middle income, 2005 to 2027.
Year Value Change
2005 27.98
2006 27.85 -0.5%
2007 25.71 -7.7%
2008 21.91 -14.8%
2009 23.64 +7.9%
2010 26.21 +10.8%
2011 27.36 +4.4%
2012 27.73 +1.3%
2013 27.88 +0.6%
2014 28.29 +1.5%
2015 26.95 -4.7%
2016 24.47 -9.2%
2017 21.6 -11.7%
2018 19.71 -8.7%
2019 16.94 -14.0%
2020 16.12 -4.8%
2021 15.76 -2.2%
2022 14.14 -10.3%
2023 13.07 -7.6%
2024 12.39 -5.2%
2025 12.48 +0.7%
2026 12.43 -0.4%
2027 12.35 -0.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.42 21.91 27.98 5
2010s 24.71 16.94 28.29 10
2020s 13.59 12.35 16.12 8

Countries ranked near Northern, Southern and Western Europe: Upper-middle income

  1. 27 Guyana 20.04 compare
  2. 28 South Sudan 19.96 compare
  3. 28 Caribbean 12.77 compare
  4. 29 Gambia 19.13 compare
  5. 30 Georgia 18.46 compare
  6. 31 Argentina 18.14 compare
  7. 32 New Caledonia 17.97 compare
  8. 33 United States Virgin Islands 17.94 compare

See the full ranking of 276 places →

More work & labour data for Northern, Southern and Western Europe: Upper-middle income

All data for Northern, Southern and Western Europe: Upper-middle income →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Northern, Southern and Western Europe: Upper-middle income?
Lu2: combined rate of time-related underemployment and unemployment in Northern, Southern and Western Europe: Upper-middle income was 12.35 in 2027, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Northern, Southern and Western Europe: Upper-middle income?
The highest recorded value was 28.29 in 2014.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Northern, Southern and Western Europe: Upper-middle income?
The lowest recorded value was 12.35 in 2027.
How does Northern, Southern and Western Europe: Upper-middle income rank for lu2: combined rate of time-related underemployment and unemployment?
Northern, Southern and Western Europe: Upper-middle income ranks 30th out of 87 groups with data for 2027.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Northern, Southern and Western Europe: Upper-middle income?
Over the last ten years it is down 42.8%. The long-run trend across the full record is falling.
Where does this Northern, Southern and Western Europe: Upper-middle 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) (15+). Statizoid updates them automatically from the source API.

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LU2: Combined rate of time-related underemployment and unemployment in Northern, Southern and Western Europe: Upper-middle income. 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/northern-southern-and-western-europe-upper-middle-income/

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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.