LU3: Combined rate of unemployment and potential labour force in Southern Europe
Southern Europe: LU3: Combined rate of unemployment and potential labour force was 12.1 in 2027. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in Southern Europe, 2004–2027
Source: International Labour Organization.
Analysis
Southern Europe recorded 12.1 for lu3: combined rate of unemployment and potential labour force in 2027. That is the lowest value across all 24 years on record.
The figure is down 1.4% on the previous year and down 40.1% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in Southern Europe peaked at 25.89 in 2013 and was at its lowest, 12.1, in 2027.
That places Southern Europe 25th out of 87 groups with data for 2027, putting it 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 Southern Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 17 | — |
| 2005 | 16.35 | -3.8% |
| 2006 | 15.49 | -5.3% |
| 2007 | 14.94 | -3.6% |
| 2008 | 15.4 | +3.1% |
| 2009 | 18.42 | +19.6% |
| 2010 | 20.22 | +9.8% |
| 2011 | 21.56 | +6.6% |
| 2012 | 24.44 | +13.4% |
| 2013 | 25.89 | +5.9% |
| 2014 | 25.39 | -1.9% |
| 2015 | 23.92 | -5.8% |
| 2016 | 22.27 | -6.9% |
| 2017 | 20.21 | -9.3% |
| 2018 | 18.54 | -8.2% |
| 2019 | 17.25 | -6.9% |
| 2020 | 18.47 | +7.0% |
| 2021 | 17.67 | -4.3% |
| 2022 | 15.12 | -14.4% |
| 2023 | 13.96 | -7.7% |
| 2024 | 13.09 | -6.2% |
| 2025 | 12.64 | -3.4% |
| 2026 | 12.27 | -3.0% |
| 2027 | 12.1 | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.27 | 14.94 | 18.42 | 6 |
| 2010s | 21.97 | 17.25 | 25.89 | 10 |
| 2020s | 14.41 | 12.1 | 18.47 | 8 |
More work & labour data for Southern Europe
- Population - Est. & Proj. — Total Population - Male 47,878 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5904 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6043 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5768 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.0626 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 115,021 1000 No (2050)
- Population - Est. & Proj. — Total Population - Both sexes 96,332 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 48,453 1000 No (2100)
- Population - Est. & Proj. — Rural population 25,103 1000 No (2050)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in Southern Europe?
- Lu3: combined rate of unemployment and potential labour force in Southern Europe was 12.1 in 2027, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Southern Europe?
- The highest recorded value was 25.89 in 2013.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Southern Europe?
- The lowest recorded value was 12.1 in 2027.
- How does Southern Europe rank for lu3: combined rate of unemployment and potential labour force?
- Southern Europe ranks 25th out of 87 groups with data for 2027.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Southern Europe?
- Over the last ten years it is down 40.1%. The long-run trend across the full record is falling.
- Where does this Southern Europe 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.