LU2: Combined rate of time-related underemployment and unemployment in Serbia
Serbia: LU2: Combined rate of time-related underemployment and unemployment was 25.7 in 2023. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Serbia, 2013–2023
Source: International Labour Organization.
Analysis
Serbia recorded 25.7 for lu2: combined rate of time-related underemployment and unemployment in 2023. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 19.6% on the previous year and down 21.9% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Serbia peaked at 39.69 in 2017 and was at its lowest, 25.7, in 2023.
That places Serbia 3rd out of 48 countries with data for 2023, putting it in the top 10%.
LU2: Combined rate of time-related underemployment and unemployment in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 32.89 | — |
| 2014 | 37.37 | +13.6% |
| 2015 | 39.44 | +5.5% |
| 2016 | 39.61 | +0.4% |
| 2017 | 39.69 | +0.2% |
| 2018 | 36.27 | -8.6% |
| 2019 | 34.34 | -5.3% |
| 2020 | 31.96 | -6.9% |
| 2023 | 25.7 | -19.6% |
Serbia compared with similar countries
- Serbia's 25.7 is above the median for upper middle income countries, which is 8.4, 3.1× the median. (7 countries reporting)
- Serbia's 25.7 is above the median for Europe & Central Asia, which is 8.04, 3.2× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 37.09 | 32.89 | 39.69 | 7 |
| 2020s | 28.83 | 25.7 | 31.96 | 2 |
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 25.7 in 2023, 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 39.69 in 2017.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Serbia?
- The lowest recorded value was 25.7 in 2023.
- How does Serbia rank for lu2: combined rate of time-related underemployment and unemployment?
- Serbia ranks 3rd out of 48 countries with data for 2023.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Serbia?
- Over the last ten years it is down 21.9%. 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 (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.