LU3: Combined rate of unemployment and potential labour force in World: Low income
World: Low income: LU3: Combined rate of unemployment and potential labour force was 11.41 in 2027. ▲ Rising
LU3: Combined rate of unemployment and potential labour force in World: Low income, 2004–2027
Source: International Labour Organization.
Analysis
World: Low income recorded 11.41 for lu3: combined rate of unemployment and potential labour force in 2027.
That represents a change of down 0.8% on the previous year and up 0.5% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in World: Low income peaked at 12.53 in 2020 and was at its lowest, 10.34, in 2005.
That places World: Low income 28th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
LU3: Combined rate of unemployment and potential labour force in World: Low income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.59 | — |
| 2005 | 10.34 | -2.4% |
| 2006 | 10.35 | +0.1% |
| 2007 | 10.42 | +0.7% |
| 2008 | 10.59 | +1.6% |
| 2009 | 10.44 | -1.3% |
| 2010 | 10.64 | +1.9% |
| 2011 | 10.61 | -0.3% |
| 2012 | 10.86 | +2.3% |
| 2013 | 10.44 | -3.8% |
| 2014 | 10.54 | +0.9% |
| 2015 | 10.88 | +3.2% |
| 2016 | 11.14 | +2.4% |
| 2017 | 11.36 | +2.0% |
| 2018 | 11.23 | -1.1% |
| 2019 | 11.27 | +0.4% |
| 2020 | 12.53 | +11.2% |
| 2021 | 12.15 | -3.0% |
| 2022 | 11.28 | -7.2% |
| 2023 | 11.37 | +0.8% |
| 2024 | 11.58 | +1.8% |
| 2025 | 11.57 | -0.0% |
| 2026 | 11.5 | -0.6% |
| 2027 | 11.41 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.45 | 10.34 | 10.59 | 6 |
| 2010s | 10.9 | 10.44 | 11.36 | 10 |
| 2020s | 11.68 | 11.28 | 12.53 | 8 |
More work & labour data for World: Low income
- Labour force (ILO modelled estimates) 305,627 (2027)
- Labour force participation rate (ILO modelled estimates) 62.53 (2027)
- Persons outside the labour force (ILO modelled estimates) 183,142 (2027)
- Unemployment rate (ILO modelled estimates) 5.26 (2027)
- Labour dependency ratio 1.83 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 6,863 (2027)
- Output per worker, GDP constant 2015 US $ 2,144 (2027)
- Employment-to-population ratio (ILO modelled estimates) 59.24 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 3.26 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 3 % change on previous year (2027)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in World: Low income?
- Lu3: combined rate of unemployment and potential labour force in World: Low income was 11.41 in 2027, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in World: Low income?
- The highest recorded value was 12.53 in 2020.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in World: Low income?
- The lowest recorded value was 10.34 in 2005.
- How does World: Low income rank for lu3: combined rate of unemployment and potential labour force?
- World: Low income ranks 28th out of 87 groups with data for 2027.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in World: Low income?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- Where does this World: Low income 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.