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. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Peru, 1997–2025
Source: International Labour Organization.
Analysis
In 2025, lu2: combined rate of time-related underemployment and unemployment in Peru stood at 10.06.
That represents a change of 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 21.71 in 1997 and was at its lowest, 6.49, in 2018.
Peru ranks 33rd of 90 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 21.71 | — |
| 1998 | 21.15 | -2.6% |
| 1999 | 19.25 | -9.0% |
| 2000 | 14.49 | -24.7% |
| 2001 | 15.64 | +8.0% |
| 2002 | 13.35 | -14.6% |
| 2003 | 12.53 | -6.2% |
| 2004 | 13.32 | +6.3% |
| 2005 | 13.98 | +5.0% |
| 2006 | 13.97 | -0.1% |
| 2007 | 14.82 | +6.1% |
| 2008 | 13.64 | -8.0% |
| 2009 | 13.66 | +0.2% |
| 2010 | 12.77 | -6.5% |
| 2011 | 11.51 | -9.9% |
| 2012 | 8.86 | -23.0% |
| 2013 | 8.36 | -5.7% |
| 2014 | 7.27 | -13.0% |
| 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 below the median for upper middle income countries, which is 10.3, 98% of the median. (30 countries reporting)
- Peru's 10.06 is above the median for Latin America & Caribbean, which is 10.06, 1.0× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.7 | 19.25 | 21.71 | 3 |
| 2000s | 13.94 | 12.53 | 15.64 | 10 |
| 2010s | 8.47 | 6.49 | 12.77 | 10 |
| 2020s | 10.97 | 8.5 | 13.01 | 6 |
Countries ranked near Peru
More work & labour data for Peru
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4349 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4225 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4473 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6786 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 35,667 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,953 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 19,027 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 19,136 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 38,163 1000 No (2100)
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 21.71 in 1997.
- 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 33rd out of 90 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 falling.
- 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) (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.