LU2: Combined rate of time-related underemployment and unemployment in Cyprus
Cyprus: LU2: Combined rate of time-related underemployment and unemployment was 8.17 in 2023. ◆ Volatile
LU2: Combined rate of time-related underemployment and unemployment in Cyprus, 2005–2023
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Cyprus is 8.17, measured in 2023.
Compared with earlier readings it is down 43.3% on the previous year and down 69.4% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Cyprus peaked at 27.72 in 2014 and was at its lowest, 5.61, in 2008.
Cyprus ranks 24th of 48 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
LU2: Combined rate of time-related underemployment and unemployment in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.96 | — |
| 2006 | 6.45 | -7.3% |
| 2007 | 6.46 | +0.2% |
| 2008 | 5.61 | -13.1% |
| 2009 | 7.4 | +31.8% |
| 2010 | 10.46 | +41.4% |
| 2011 | 12.71 | +21.5% |
| 2012 | 18.05 | +42.0% |
| 2013 | 26.69 | +47.9% |
| 2014 | 27.72 | +3.8% |
| 2015 | 27.29 | -1.5% |
| 2016 | 24.91 | -8.7% |
| 2017 | 20.87 | -16.2% |
| 2018 | 17.67 | -15.3% |
| 2019 | 14.26 | -19.3% |
| 2020 | 14.4 | +1.0% |
| 2023 | 8.17 | -43.3% |
Cyprus compared with similar countries
- Cyprus's 8.17 is above the median for high income countries, which is 8.03, 1.0× the median. (33 countries reporting)
- Cyprus's 8.17 is above the median for Europe & Central Asia, which is 8.04, 1.0× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.58 | 5.61 | 7.4 | 5 |
| 2010s | 20.06 | 10.46 | 27.72 | 10 |
| 2020s | 11.28 | 8.17 | 14.4 | 2 |
Countries ranked near Cyprus
More work & labour data for Cyprus
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3415 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3363 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3471 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6588 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,030 1000 No (2050)
- Population - Est. & Proj. — Rural population 353.01 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 631.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 643.71 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,275 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Cyprus?
- Lu2: combined rate of time-related underemployment and unemployment in Cyprus was 8.17 in 2023, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Cyprus?
- The highest recorded value was 27.72 in 2014.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Cyprus?
- The lowest recorded value was 5.61 in 2008.
- How does Cyprus rank for lu2: combined rate of time-related underemployment and unemployment?
- Cyprus ranks 24th out of 48 countries with data for 2023.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Cyprus?
- Over the last ten years it is down 69.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. The term disability, as defined in the International Classification of Functioning, Disability and Health (ICF), is used as an umbrella term, covering impairments, activity limitations, and participation restrictions. For measurement purposes, a person with disability is defined as a person who is limited in the kind or amount of activities that he or she can do because of ongoing difficulties due to a long-term physical condition, mental condition or health problem. For more information, refer to the Disability Labour Market Indicators (DLMI) database description.