LU3: Combined rate of unemployment and potential labour force in World
World: LU3: Combined rate of unemployment and potential labour force was 8.29 in 2027. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in World, 2004–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu3: combined rate of unemployment and potential labour force in World is 8.29, measured in 2027.
That represents a change of down 0.2% on the previous year and down 14.6% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force in World peaked at 10.87 in 2020 and was at its lowest, 8.28, in 2024.
World ranks 51st 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 World, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.73 | — |
| 2005 | 10.57 | -1.5% |
| 2006 | 10.22 | -3.3% |
| 2007 | 9.9 | -3.1% |
| 2008 | 9.93 | +0.3% |
| 2009 | 10.55 | +6.3% |
| 2010 | 10.39 | -1.5% |
| 2011 | 10.19 | -2.0% |
| 2012 | 10.15 | -0.3% |
| 2013 | 10.02 | -1.3% |
| 2014 | 9.84 | -1.8% |
| 2015 | 9.86 | +0.2% |
| 2016 | 9.83 | -0.3% |
| 2017 | 9.71 | -1.3% |
| 2018 | 9.51 | -2.0% |
| 2019 | 9.22 | -3.0% |
| 2020 | 10.87 | +17.8% |
| 2021 | 9.89 | -9.0% |
| 2022 | 8.83 | -10.7% |
| 2023 | 8.29 | -6.2% |
| 2024 | 8.28 | -0.1% |
| 2025 | 8.3 | +0.3% |
| 2026 | 8.3 | -0.0% |
| 2027 | 8.29 | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.32 | 9.9 | 10.73 | 6 |
| 2010s | 9.87 | 9.22 | 10.39 | 10 |
| 2020s | 8.88 | 8.28 | 10.87 | 8 |
More work & labour data for World
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.1226 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1316 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1143 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.688 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.1 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6.68 million 1000 No (2050)
- Population - Est. & Proj. — Rural population 3.09 million 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 5.10 million 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5.08 million 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 10.18 million 1000 No (2100)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in World?
- Lu3: combined rate of unemployment and potential labour force in World was 8.29 in 2027, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in World?
- The highest recorded value was 10.87 in 2020.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in World?
- The lowest recorded value was 8.28 in 2024.
- How does World rank for lu3: combined rate of unemployment and potential labour force?
- World ranks 51st out of 87 groups with data for 2027.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in World?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is falling.
- Where does this World 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.