LU2: Combined rate of time-related underemployment and unemployment in Serbia
Serbia: LU2: Combined rate of time-related underemployment and unemployment was 10.61 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Serbia, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Serbia is 10.61, measured in 2027. That is the lowest value across all 23 years on record.
The figure is down 4.9% on the previous year and down 46.3% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Serbia peaked at 27.31 in 2014 and was at its lowest, 10.61, in 2027.
That places Serbia 87th out of 188 countries 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 Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 23.05 | — |
| 2006 | 23.05 | -0.0% |
| 2007 | 20.16 | -12.5% |
| 2008 | 15.6 | -22.6% |
| 2009 | 19.42 | +24.5% |
| 2010 | 22.73 | +17.0% |
| 2011 | 26.16 | +15.1% |
| 2012 | 27.08 | +3.5% |
| 2013 | 26.87 | -0.8% |
| 2014 | 27.31 | +1.6% |
| 2015 | 24.96 | -8.6% |
| 2016 | 22.13 | -11.3% |
| 2017 | 19.76 | -10.7% |
| 2018 | 18.43 | -6.7% |
| 2019 | 15.7 | -14.8% |
| 2020 | 13.67 | -12.9% |
| 2021 | 15.05 | +10.1% |
| 2022 | 13.23 | -12.1% |
| 2023 | 13.04 | -1.4% |
| 2024 | 11.72 | -10.1% |
| 2025 | 11.62 | -0.8% |
| 2026 | 11.16 | -4.0% |
| 2027 | 10.61 | -4.9% |
Serbia compared with similar countries
- Serbia's 10.61 is below the median for upper middle income countries, which is 12.16, 87% of the median. (53 countries reporting)
- Serbia's 10.61 is above the median for Europe & Central Asia, which is 9.18, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.26 | 15.6 | 23.05 | 5 |
| 2010s | 23.11 | 15.7 | 27.31 | 10 |
| 2020s | 12.51 | 10.61 | 15.05 | 8 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7737 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7205 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8268 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.14 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1128 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,121 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,326 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,850 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,852 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,702 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Serbia?
- Lu2: combined rate of time-related underemployment and unemployment in Serbia was 10.61 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Serbia?
- The highest recorded value was 27.31 in 2014.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Serbia?
- The lowest recorded value was 10.61 in 2027.
- How does Serbia rank for lu2: combined rate of time-related underemployment and unemployment?
- Serbia ranks 87th out of 188 countries with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Serbia?
- Over the last ten years it is down 46.3%. The long-run trend across the full record is falling.
- Where does this Serbia 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.
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.