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

Greece: LU2: Combined rate of time-related underemployment and unemployment was 17.61 in 2023. ▲ Rising

Latest (2023)
17.61
Change on year
down 29.2%
World rank
6th
of 48 countries
All-time high
34.73
in 2014
All-time low
12.41
in 2004
Years of data
18
2004–2023

LU2: Combined rate of time-related underemployment and unemployment in Greece, 2004–2023

01020302004201320232004: 12.42005: 13.42006: 13.32007: 13.32008: 12.62009: 15.22010: 18.32011: 29.82012: 31.32013: 34.62014: 34.72015: 32.82016: 31.42017: 29.82018: 28.12019: 25.42020: 24.92023: 17.6

Source: International Labour Organization.

Analysis

In 2023, lu2: combined rate of time-related underemployment and unemployment in Greece stood at 17.61.

That represents a change of down 29.2% on the previous year and down 49.1% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Greece peaked at 34.73 in 2014 and was at its lowest, 12.41, in 2004.

Greece ranks 6th of 48 countries on this measure, in the top quarter.

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 Greece, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13) in Greece, 2004 to 2023.
Year Value Change
2004 12.41
2005 13.44 +8.3%
2006 13.31 -1.0%
2007 13.33 +0.1%
2008 12.6 -5.5%
2009 15.19 +20.5%
2010 18.34 +20.8%
2011 29.76 +62.3%
2012 31.35 +5.3%
2013 34.63 +10.5%
2014 34.73 +0.3%
2015 32.8 -5.5%
2016 31.4 -4.3%
2017 29.84 -5.0%
2018 28.13 -5.7%
2019 25.42 -9.7%
2020 24.89 -2.1%
2023 17.61 -29.2%

Greece compared with similar countries

  • Greece's 17.61 is above the median for high income countries, which is 8.03, 2.2× the median. (33 countries reporting)
  • Greece's 17.61 is above the median for Europe & Central Asia, which is 8.04, 2.2× the median. (32 countries reporting)

Biggest year-on-year movements

Years where LU2: Combined rate of time-related underemployment and unemployment in Greece 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
2011 +62.3% 18.34 29.76

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.38 12.41 15.19 6
2010s 29.64 18.34 34.73 10
2020s 21.25 17.61 24.89 2

Countries ranked near Greece

  1. 3 Serbia 25.7 compare
  2. 4 Rwanda 23.22 compare
  3. 5 Spain 19.68 compare
  4. 7 Zimbabwe 16.64 compare
  5. 8 Costa Rica 15.67 compare
  6. 9 France 13.34 compare

See the full ranking of 48 places →

More work & labour data for Greece

All data for Greece →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Greece?
Lu2: combined rate of time-related underemployment and unemployment in Greece was 17.61 in 2023, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Greece?
The highest recorded value was 34.73 in 2014.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Greece?
The lowest recorded value was 12.41 in 2004.
How does Greece rank for lu2: combined rate of time-related underemployment and unemployment?
Greece ranks 6th out of 48 countries with data for 2023.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Greece?
Over the last ten years it is down 49.1%. The long-run trend across the full record is rising.
Where does this Greece 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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LU2: Combined rate of time-related underemployment and unemployment in Greece. Statizoid, drawing on International Labour Organization. Retrieved 21 September 2026, from https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-previous-ilo-2/greece/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
48 places, 676 data points, 1996–2025
Last refreshed

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.