LU2: Combined rate of time-related underemployment and unemployment in Cyprus
Cyprus: LU2: Combined rate of time-related underemployment and unemployment was 9.4 in 2024. ◆ Volatile
LU2: Combined rate of time-related underemployment and unemployment in Cyprus, 1999–2024
Source: International Labour Organization.
Analysis
In 2024, lu2: combined rate of time-related underemployment and unemployment in Cyprus stood at 9.4.
That represents a change of down 16.9% on the previous year and down 67.3% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Cyprus peaked at 28.73 in 2014 and was at its lowest, 5.15, in 2002.
Cyprus ranks 43rd of 90 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 |
|---|---|---|
| 1999 | 7.93 | — |
| 2000 | 7.22 | -9.0% |
| 2001 | 6.01 | -16.6% |
| 2002 | 5.15 | -14.4% |
| 2003 | 6.54 | +27.0% |
| 2004 | 7.39 | +13.0% |
| 2005 | 8.93 | +20.9% |
| 2006 | 7.67 | -14.1% |
| 2007 | 6.7 | -12.6% |
| 2008 | 7.05 | +5.2% |
| 2009 | 10.06 | +42.8% |
| 2010 | 11.06 | +10.0% |
| 2011 | 13.74 | +24.2% |
| 2012 | 19.22 | +39.9% |
| 2013 | 26.81 | +39.4% |
| 2014 | 28.73 | +7.2% |
| 2015 | 27.29 | -5.0% |
| 2016 | 24.27 | -11.1% |
| 2017 | 21.12 | -12.9% |
| 2018 | 15.89 | -24.8% |
| 2019 | 13.69 | -13.9% |
| 2020 | 15.04 | +9.9% |
| 2021 | 14.65 | -2.6% |
| 2022 | 13.23 | -9.7% |
| 2023 | 11.31 | -14.5% |
| 2024 | 9.4 | -16.9% |
Cyprus compared with similar countries
- Cyprus's 9.4 is above the median for high income countries, which is 8.92, 1.1× the median. (45 countries reporting)
- Cyprus's 9.4 is above the median for Europe & Central Asia, which is 9.4, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.93 | 7.93 | 7.93 | 1 |
| 2000s | 7.27 | 5.15 | 10.06 | 10 |
| 2010s | 20.18 | 11.06 | 28.73 | 10 |
| 2020s | 12.73 | 9.4 | 15.04 | 5 |
Countries ranked near Cyprus
- 40 United Kingdom 9.72 compare
- 41 Netherlands 9.61 compare
- 42 Luxembourg 9.55 compare
- 44 Grenada 9.39 compare
- 45 Switzerland 9.3 compare
- 46 Latvia 9.19 compare
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 9.4 in 2024, 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 28.73 in 2014.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Cyprus?
- The lowest recorded value was 5.15 in 2002.
- How does Cyprus rank for lu2: combined rate of time-related underemployment and unemployment?
- Cyprus ranks 43rd out of 90 countries with data for 2024.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Cyprus?
- Over the last ten years it is down 67.3%. 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) (15+). 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. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.