LU3: Combined rate of unemployment and potential labour force in G20
G20: LU3: Combined rate of unemployment and potential labour force was 8.19 in 2027. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in G20, 2004–2027
Source: International Labour Organization.
Analysis
In 2027, lu3: combined rate of unemployment and potential labour force in G20 stood at 8.19.
That represents a change of down 0.2% on the previous year and down 17.0% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in G20 peaked at 10.88 in 2020 and was at its lowest, 8.19, in 2024.
G20 ranks 53rd of 87 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
LU3: Combined rate of unemployment and potential labour force in G20, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.88 | — |
| 2005 | 10.76 | -1.1% |
| 2006 | 10.42 | -3.1% |
| 2007 | 10.12 | -2.9% |
| 2008 | 10.16 | +0.4% |
| 2009 | 10.81 | +6.4% |
| 2010 | 10.69 | -1.1% |
| 2011 | 10.51 | -1.7% |
| 2012 | 10.42 | -0.8% |
| 2013 | 10.3 | -1.2% |
| 2014 | 10.1 | -1.9% |
| 2015 | 10.06 | -0.4% |
| 2016 | 10.03 | -0.3% |
| 2017 | 9.87 | -1.6% |
| 2018 | 9.67 | -2.0% |
| 2019 | 9.32 | -3.6% |
| 2020 | 10.88 | +16.7% |
| 2021 | 9.83 | -9.7% |
| 2022 | 8.82 | -10.2% |
| 2023 | 8.24 | -6.6% |
| 2024 | 8.19 | -0.7% |
| 2025 | 8.21 | +0.2% |
| 2026 | 8.2 | -0.1% |
| 2027 | 8.19 | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.52 | 10.12 | 10.88 | 6 |
| 2010s | 10.1 | 9.32 | 10.69 | 10 |
| 2020s | 8.82 | 8.19 | 10.88 | 8 |
More work & labour data for G20
- Persons outside the labour force (ILO modelled estimates) 1.96 million (2027)
- Labour force (ILO modelled estimates) 3.10 million (2027)
- Labour force participation rate (ILO modelled estimates) 61.32 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.6 % change on previous year (2027)
- Output per worker, GDP constant 2015 US $ 31,355 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.38 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 54,410 (2027)
- Labour dependency ratio 1.23 (2027)
- Unemployment rate (ILO modelled estimates) 4.8 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9287 % change on previous year (2027)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in G20?
- Lu3: combined rate of unemployment and potential labour force in G20 was 8.19 in 2027, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in G20?
- The highest recorded value was 10.88 in 2020.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in G20?
- The lowest recorded value was 8.19 in 2024.
- How does G20 rank for lu3: combined rate of unemployment and potential labour force?
- G20 ranks 53rd out of 87 groups with data for 2027.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in G20?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is falling.
- Where does this G20 data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU3 represents the share of the extended labour force that are in unemployment or the potential labour force. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.