LU2: Combined rate of time-related underemployment and unemployment in Finland
Finland: LU2: Combined rate of time-related underemployment and unemployment was 9.02 in 2023. ▲ Rising
LU2: Combined rate of time-related underemployment and unemployment in Finland, 2004–2023
Source: International Labour Organization.
Analysis
In 2023, lu2: combined rate of time-related underemployment and unemployment in Finland stood at 9.02. That is the lowest value across all 18 years on record.
The figure is down 20.4% on the previous year and down 23.5% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Finland peaked at 14.56 in 2015 and was at its lowest, 9.02, in 2023.
Finland ranks 19th of 48 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 12.02 | — |
| 2005 | 11.63 | -3.3% |
| 2006 | 10.8 | -7.1% |
| 2007 | 10.2 | -5.6% |
| 2008 | 9.27 | -9.1% |
| 2009 | 10.47 | +12.9% |
| 2010 | 13.16 | +25.7% |
| 2011 | 11.73 | -10.8% |
| 2012 | 11.11 | -5.3% |
| 2013 | 11.79 | +6.1% |
| 2014 | 12.76 | +8.2% |
| 2015 | 14.56 | +14.1% |
| 2016 | 14.4 | -1.1% |
| 2017 | 14.03 | -2.6% |
| 2018 | 12.65 | -9.8% |
| 2019 | 11.84 | -6.4% |
| 2020 | 11.32 | -4.4% |
| 2023 | 9.02 | -20.4% |
Finland compared with similar countries
- Finland's 9.02 is above the median for high income countries, which is 8.03, 1.1× the median. (33 countries reporting)
- Finland's 9.02 is above the median for Europe & Central Asia, which is 8.04, 1.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.73 | 9.27 | 12.02 | 6 |
| 2010s | 12.8 | 11.11 | 14.56 | 10 |
| 2020s | 10.17 | 9.02 | 11.32 | 2 |
Countries ranked near Finland
More work & labour data for Finland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3571 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.35 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3641 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.59 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2994 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,282 1000 No (2050)
- Population - Est. & Proj. — Rural population 583.99 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,261 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,341 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 4,601 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Finland?
- Lu2: combined rate of time-related underemployment and unemployment in Finland was 9.02 in 2023, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Finland?
- The highest recorded value was 14.56 in 2015.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Finland?
- The lowest recorded value was 9.02 in 2023.
- How does Finland rank for lu2: combined rate of time-related underemployment and unemployment?
- Finland ranks 19th out of 48 countries with data for 2023.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Finland?
- Over the last ten years it is down 23.5%. The long-run trend across the full record is rising.
- Where does this Finland 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.
Download this data
CSV · JSON — 18 observations, free to reuse under ILO Terms of Use (attribution required).
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.