LU2: Combined rate of time-related underemployment and unemployment in Sweden

Sweden: LU2: Combined rate of time-related underemployment and unemployment was 12.4 in 2024. ▲ Rising

Latest (2024)
12.4
Change on year
up 8.7%
World rank
21st
of 90 countries
All-time high
13.06
in 2010
All-time low
4.86
in 2001
Years of data
25
2000–2024

LU2: Combined rate of time-related underemployment and unemployment in Sweden, 2000–2024

0510152000201220242000: 6.72001: 4.92002: 5.12003: 8.92004: 10.72005: 11.92006: 11.42007: 10.52008: 10.52009: 132010: 13.12011: 12.12012: 12.52013: 12.82014: 12.42015: 11.42016: 10.32017: 9.82018: 9.52019: 10.42020: 12.52021: 12.82022: 10.92023: 11.42024: 12.4

Source: International Labour Organization.

Analysis

The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Sweden is 12.4, measured in 2024.

That represents a change of up 8.7% on the previous year and down 0.4% over ten years.

Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Sweden peaked at 13.06 in 2010 and was at its lowest, 4.86, in 2001.

That places Sweden 21st out of 90 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 25 years of available data.

LU2: Combined rate of time-related underemployment and unemployment in Sweden, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13) (15+) in Sweden, 2000 to 2024.
Year Value Change
2000 6.68
2001 4.86 -27.3%
2002 5.12 +5.5%
2003 8.92 +74.1%
2004 10.66 +19.5%
2005 11.92 +11.8%
2006 11.38 -4.5%
2007 10.47 -8.0%
2008 10.45 -0.2%
2009 13.03 +24.6%
2010 13.06 +0.2%
2011 12.14 -7.0%
2012 12.48 +2.8%
2013 12.76 +2.3%
2014 12.45 -2.5%
2015 11.42 -8.2%
2016 10.31 -9.8%
2017 9.84 -4.5%
2018 9.49 -3.5%
2019 10.37 +9.2%
2020 12.53 +20.8%
2021 12.81 +2.3%
2022 10.9 -14.9%
2023 11.41 +4.7%
2024 12.4 +8.7%

Sweden compared with similar countries

  • Sweden's 12.4 is above the median for high income countries, which is 8.92, 1.4× the median. (45 countries reporting)
  • Sweden's 12.4 is above the median for Europe & Central Asia, which is 9.4, 1.3× the median. (39 countries reporting)

Biggest year-on-year movements

Years where LU2: Combined rate of time-related underemployment and unemployment in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2003 +74.1% 5.12 8.92

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.35 4.86 13.03 10
2010s 11.43 9.49 13.06 10
2020s 12.01 10.9 12.81 5

Countries ranked near Sweden

  1. 18 Panama 12.7 compare
  2. 19 Colombia 12.61 compare
  3. 20 North Macedonia 12.56 compare
  4. 22 Montenegro 12.19 compare
  5. 23 Barbados 11.87 compare
  6. 24 Greece 11.66 compare

See the full ranking of 90 places →

More work & labour data for Sweden

All data for Sweden →

Frequently asked questions

What is lu2: combined rate of time-related underemployment and unemployment in Sweden?
Lu2: combined rate of time-related underemployment and unemployment in Sweden was 12.4 in 2024, according to International Labour Organization.
What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Sweden?
The highest recorded value was 13.06 in 2010.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Sweden?
The lowest recorded value was 4.86 in 2001.
How does Sweden rank for lu2: combined rate of time-related underemployment and unemployment?
Sweden ranks 21st out of 90 countries with data for 2024.
Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Sweden?
Over the last ten years it is down 0.4%. The long-run trend across the full record is rising.
Where does this Sweden 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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LU2: Combined rate of time-related underemployment and unemployment in Sweden. Statizoid, drawing on International Labour Organization. Retrieved 21 September 2026, from https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-previous-ilo/sweden/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
90 places, 1,574 data points, 1991–2025
Last refreshed

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.