LU3: Combined rate of unemployment and potential labour force for in Cyprus
Cyprus: LU3: Combined rate of unemployment and potential labour force for was 9.07 in 2020. ▲ Rising
LU3: Combined rate of unemployment and potential labour force for in Cyprus, 2000–2020
Source: International Labour Organization.
Analysis
In 2020, lu3: combined rate of unemployment and potential labour force for in Cyprus stood at 9.07.
Compared with earlier readings it is up 25.7% on the previous year and up 18.7% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force for in Cyprus peaked at 16.25 in 2013 and was at its lowest, 3.67, in 2002.
That places Cyprus 23rd out of 65 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
LU3: Combined rate of unemployment and potential labour force for in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.23 | — |
| 2001 | 4.8 | -33.6% |
| 2002 | 3.67 | -23.6% |
| 2003 | 4.59 | +25.1% |
| 2004 | 6.59 | +43.6% |
| 2005 | 5.73 | -13.1% |
| 2006 | 7.31 | +27.6% |
| 2008 | 5.16 | -29.5% |
| 2009 | 5.18 | +0.5% |
| 2010 | 7.64 | +47.5% |
| 2011 | 10.3 | +34.8% |
| 2012 | 13.29 | +29.0% |
| 2013 | 16.25 | +22.3% |
| 2014 | 15.87 | -2.3% |
| 2015 | 14.35 | -9.6% |
| 2016 | 12.57 | -12.4% |
| 2017 | 11.19 | -11.0% |
| 2018 | 7.86 | -29.8% |
| 2019 | 7.21 | -8.2% |
| 2020 | 9.07 | +25.7% |
Cyprus compared with similar countries
- Cyprus's 9.07 is above the median for high income countries, which is 6.97, 1.3× the median. (29 countries reporting)
- Cyprus's 9.07 is above the median for Europe & Central Asia, which is 8.16, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.58 | 3.67 | 7.31 | 9 |
| 2010s | 11.65 | 7.21 | 16.25 | 10 |
| 2020s | 9.07 | 9.07 | 9.07 | 1 |
Countries ranked near Cyprus
More work & labour data for Cyprus
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3415 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3363 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3471 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6588 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,030 1000 No (2050)
- Population - Est. & Proj. — Rural population 353.01 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 631.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 643.71 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,275 1000 No (2100)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force for in Cyprus?
- Lu3: combined rate of unemployment and potential labour force for in Cyprus was 9.07 in 2020, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force for recorded in Cyprus?
- The highest recorded value was 16.25 in 2013.
- What is the lowest lu3: combined rate of unemployment and potential labour force for recorded in Cyprus?
- The lowest recorded value was 3.67 in 2002.
- How does Cyprus rank for lu3: combined rate of unemployment and potential labour force for?
- Cyprus ranks 23rd out of 65 countries with data for 2020.
- Is lu3: combined rate of unemployment and potential labour force for rising or falling in Cyprus?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force for persons ages 25 to 54 (previous ILO definition - ICLS13). 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. LU3 represents the share of the extended labour force, in this case for persons of prime age (i.e., persons ages 25 to 54), that are in unemployment or the potential labour force. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.