LU3: Combined rate of unemployment and potential labour … modelled in South-Eastern Asia and the Pacific
South-Eastern Asia and the Pacific: LU3: Combined rate of unemployment and potential labour … modelled was 4.9 in 2027. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in South-Eastern Asia and the Pacific, 2004–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu3: combined rate of unemployment and potential labour force in South-Eastern Asia and the Pacific is 4.9, measured in 2027. That is the lowest value across all 24 years on record.
That represents a change of down 0.5% on the previous year and down 20.8% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in South-Eastern Asia and the Pacific peaked at 9 in 2005 and was at its lowest, 4.9, in 2027.
That places South-Eastern Asia and the Pacific 81st out of 87 groups with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
LU3: Combined rate of unemployment and potential labour … modelled in South-Eastern Asia and the Pacific, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 8.79 | — |
| 2005 | 9 | +2.4% |
| 2006 | 8.75 | -2.8% |
| 2007 | 8.7 | -0.6% |
| 2008 | 8.35 | -3.9% |
| 2009 | 8.03 | -3.8% |
| 2010 | 7.49 | -6.8% |
| 2011 | 7.03 | -6.1% |
| 2012 | 6.61 | -6.0% |
| 2013 | 6.59 | -0.3% |
| 2014 | 6.42 | -2.5% |
| 2015 | 6.53 | +1.7% |
| 2016 | 6.53 | -0.1% |
| 2017 | 6.19 | -5.3% |
| 2018 | 6.11 | -1.2% |
| 2019 | 5.09 | -16.8% |
| 2020 | 6.83 | +34.2% |
| 2021 | 7.04 | +3.1% |
| 2022 | 5.41 | -23.1% |
| 2023 | 5.06 | -6.4% |
| 2024 | 5.03 | -0.6% |
| 2025 | 5.02 | -0.2% |
| 2026 | 4.93 | -1.9% |
| 2027 | 4.9 | -0.5% |
Biggest year-on-year movements
Years where LU3: Combined rate of unemployment and potential labour … modelled in South-Eastern Asia and the Pacific 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.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +34.2% | 5.09 | 6.83 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.6 | 8.03 | 9 | 6 |
| 2010s | 6.46 | 5.09 | 7.49 | 10 |
| 2020s | 5.53 | 4.9 | 7.04 | 8 |
More work & labour data for South-Eastern Asia and the Pacific
- Labour force (ILO modelled estimates) 388,538 (2027)
- Labour force participation rate (ILO modelled estimates) 66.3 (2027)
- Persons outside the labour force (ILO modelled estimates) 197,454 (2027)
- Unemployment rate (ILO modelled estimates) 2.41 (2027)
- Labour dependency ratio 0.995 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 38,048 (2027)
- Output per worker, GDP constant 2015 US $ 15,997 (2027)
- Employment-to-population ratio (ILO modelled estimates) 64.71 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.61 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.07 % change on previous year (2027)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in South-Eastern Asia and the Pacific?
- Lu3: combined rate of unemployment and potential labour force in South-Eastern Asia and the Pacific was 4.9 in 2027, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in South-Eastern Asia and the Pacific?
- The highest recorded value was 9 in 2005.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in South-Eastern Asia and the Pacific?
- The lowest recorded value was 4.9 in 2027.
- How does South-Eastern Asia and the Pacific rank for lu3: combined rate of unemployment and potential labour force?
- South-Eastern Asia and the Pacific ranks 81st out of 87 groups with data for 2027.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in South-Eastern Asia and the Pacific?
- Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
- Where does this South-Eastern Asia and the Pacific 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.