LU2: Combined rate of time-related underemployment and unemployment in Slovakia
Slovakia: LU2: Combined rate of time-related underemployment and unemployment was 6.27 in 2023. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Slovakia, 2001–2023
Source: International Labour Organization.
Analysis
Slovakia recorded 6.27 for lu2: combined rate of time-related underemployment and unemployment in 2023. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 6.0% on the previous year and down 59.5% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Slovakia peaked at 25.58 in 2001 and was at its lowest, 6.27, in 2023.
Slovakia ranks 70th of 90 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Slovakia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 25.58 | — |
| 2002 | 22.99 | -10.1% |
| 2003 | 21.5 | -6.5% |
| 2004 | 22.38 | +4.1% |
| 2005 | 19.73 | -11.8% |
| 2006 | 13.64 | -30.8% |
| 2007 | 11.4 | -16.5% |
| 2008 | 10.04 | -11.9% |
| 2009 | 12.88 | +28.3% |
| 2010 | 15.46 | +20.0% |
| 2011 | 13.92 | -9.9% |
| 2012 | 15.09 | +8.4% |
| 2013 | 15.5 | +2.7% |
| 2014 | 12.74 | -17.8% |
| 2015 | 12.75 | +0.1% |
| 2016 | 11.08 | -13.1% |
| 2017 | 9.51 | -14.1% |
| 2018 | 7.66 | -19.5% |
| 2019 | 6.42 | -16.2% |
| 2020 | 7.25 | +13.0% |
| 2021 | 7.44 | +2.7% |
| 2022 | 6.67 | -10.3% |
| 2023 | 6.27 | -6.0% |
Slovakia compared with similar countries
- Slovakia's 6.27 is below the median for high income countries, which is 8.92, 70% of the median. (45 countries reporting)
- Slovakia's 6.27 is below the median for Europe & Central Asia, which is 9.4, 67% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.79 | 10.04 | 25.58 | 9 |
| 2010s | 12.01 | 6.42 | 15.5 | 10 |
| 2020s | 6.91 | 6.27 | 7.44 | 4 |
Countries ranked near Slovakia
More work & labour data for Slovakia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6534 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6515 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6553 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.98 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.3502 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 3,260 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,704 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,716 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,711 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,427 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Slovakia?
- Lu2: combined rate of time-related underemployment and unemployment in Slovakia was 6.27 in 2023, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Slovakia?
- The highest recorded value was 25.58 in 2001.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Slovakia?
- The lowest recorded value was 6.27 in 2023.
- How does Slovakia rank for lu2: combined rate of time-related underemployment and unemployment?
- Slovakia ranks 70th out of 90 countries with data for 2023.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Slovakia?
- Over the last ten years it is down 59.5%. The long-run trend across the full record is falling.
- Where does this Slovakia 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.