LU2: Combined rate of time-related underemployment and unemployment in Serbia
Serbia: LU2: Combined rate of time-related underemployment and unemployment was 13.67 in 2020. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Serbia, 2008–2020
Source: International Labour Organization.
Analysis
Serbia recorded 13.67 for lu2: combined rate of time-related underemployment and unemployment in 2020. That is the lowest value across all 13 years on record.
That represents a change of down 12.9% on the previous year and down 39.8% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Serbia peaked at 27.31 in 2014 and was at its lowest, 13.67, in 2020.
Serbia ranks 15th of 90 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 15.6 | — |
| 2009 | 19.42 | +24.5% |
| 2010 | 22.73 | +17.0% |
| 2011 | 26.16 | +15.1% |
| 2012 | 27.08 | +3.5% |
| 2013 | 26.87 | -0.8% |
| 2014 | 27.31 | +1.6% |
| 2015 | 24.96 | -8.6% |
| 2016 | 22.13 | -11.3% |
| 2017 | 19.76 | -10.7% |
| 2018 | 18.43 | -6.7% |
| 2019 | 15.7 | -14.8% |
| 2020 | 13.67 | -12.9% |
Serbia compared with similar countries
- Serbia's 13.67 is above the median for upper middle income countries, which is 10.3, 1.3× the median. (30 countries reporting)
- Serbia's 13.67 is above the median for Europe & Central Asia, which is 9.4, 1.5× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.51 | 15.6 | 19.42 | 2 |
| 2010s | 23.11 | 15.7 | 27.31 | 10 |
| 2020s | 13.67 | 13.67 | 13.67 | 1 |
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 13.67 in 2020, 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 27.31 in 2014.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Serbia?
- The lowest recorded value was 13.67 in 2020.
- How does Serbia rank for lu2: combined rate of time-related underemployment and unemployment?
- Serbia ranks 15th out of 90 countries with data for 2020.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Serbia?
- Over the last ten years it is down 39.8%. 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) (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.