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

Peru: LU2: Combined rate of time-related underemployment and unemployment was 10.06 in 2025. ▲ Rising

Latest (2025)
10.06
Change on year
down 18.9%
World rank
16th
of 48 countries
All-time high
13.01
in 2022
All-time low
6.49
in 2018
Years of data
12
2014–2025

LU2: Combined rate of time-related underemployment and unemployment in Peru, 2014–2025

0510152014201920252014: 7.32015: 6.92016: 7.22017: 6.92018: 6.52019: 8.42020: 11.42021: 10.42022: 132023: 8.52024: 12.42025: 10.1

Source: International Labour Organization.

Analysis

In 2025, lu2: combined rate of time-related underemployment and unemployment in Peru stood at 10.06.

Compared with earlier readings it is down 18.9% on the previous year and up 44.9% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Peru peaked at 13.01 in 2022 and was at its lowest, 6.49, in 2018.

Peru ranks 16th of 48 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

LU2: Combined rate of time-related underemployment and unemployment in Peru, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13) in Peru, 2014 to 2025.
Year Value Change
2014 7.27
2015 6.94 -4.6%
2016 7.24 +4.4%
2017 6.91 -4.7%
2018 6.49 -6.0%
2019 8.35 +28.7%
2020 11.43 +36.9%
2021 10.41 -8.9%
2022 13.01 +24.9%
2023 8.5 -34.7%
2024 12.4 +45.9%
2025 10.06 -18.9%

Peru compared with similar countries

  • Peru's 10.06 is above the median for upper middle income countries, which is 8.4, 1.2× the median. (7 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.2 6.49 8.35 6
2020s 10.97 8.5 13.01 6

Countries ranked near Peru

  1. 13 Bulgaria 11.56 compare
  2. 14 Ireland 11.29 compare
  3. 15 Lithuania 10.7 compare
  4. 17 Ghana 9.95 compare
  5. 18 United Kingdom 9.72 compare
  6. 19 Finland 9.02 compare

See the full ranking of 48 places →

More work & labour data for Peru

All data for Peru →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Peru?
Lu2: combined rate of time-related underemployment and unemployment in Peru was 10.06 in 2025, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Peru?
The highest recorded value was 13.01 in 2022.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Peru?
The lowest recorded value was 6.49 in 2018.
How does Peru rank for lu2: combined rate of time-related underemployment and unemployment?
Peru ranks 16th out of 48 countries with data for 2025.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Peru?
Over the last ten years it is up 44.9%. The long-run trend across the full record is rising.
Where does this Peru 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 Peru. Statizoid, drawing on International Labour Organization. Retrieved 22 September 2026, from https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-previous-ilo-2/peru/

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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.