LU2: Combined rate of time-related underemployment and unemployment in Grenada
Grenada: LU2: Combined rate of time-related underemployment and unemployment was 9.39 in 2023. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Grenada, 2018–2023
Source: International Labour Organization.
Analysis
In 2023, lu2: combined rate of time-related underemployment and unemployment in Grenada stood at 9.39. That is the lowest value across all 5 years on record.
The figure is down 39.7% on the previous year and down 45.8% over ten years.
That places Grenada 44th out of 90 countries with data for 2023, putting it in the middle of the range.
LU2: Combined rate of time-related underemployment and unemployment in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 17.32 | — |
| 2019 | 12.17 | -29.7% |
| 2020 | 16.67 | +37.0% |
| 2021 | 15.58 | -6.5% |
| 2023 | 9.39 | -39.7% |
Grenada compared with similar countries
- Grenada's 9.39 is below the median for upper middle income countries, which is 10.3, 91% of the median. (30 countries reporting)
- Grenada's 9.39 is below the median for Latin America & Caribbean, which is 10.06, 93% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.74 | 12.17 | 17.32 | 2 |
| 2020s | 13.88 | 9.39 | 16.67 | 3 |
Countries ranked near Grenada
- 41 Netherlands 9.61 compare
- 42 Luxembourg 9.55 compare
- 43 Cyprus 9.4 compare
- 45 Switzerland 9.3 compare
- 46 Latvia 9.19 compare
- 47 Honduras 9.09 compare
More work & labour data for Grenada
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.03 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.9965 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.06 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.18 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6059 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 51.81 1000 No (2050)
- Population - Est. & Proj. — Rural population 57.77 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 37.43 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 36.46 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 73.89 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Grenada?
- Lu2: combined rate of time-related underemployment and unemployment in Grenada was 9.39 in 2023, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Grenada?
- The highest recorded value was 17.32 in 2018.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Grenada?
- The lowest recorded value was 9.39 in 2023.
- How does Grenada rank for lu2: combined rate of time-related underemployment and unemployment?
- Grenada ranks 44th out of 90 countries with data for 2023.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Grenada?
- Over the last ten years it is down 45.8%. The long-run trend across the full record is falling.
- Where does this Grenada 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.