LU4: Composite measure of labour underutilization in World excluding BRICS
World excluding BRICS: LU4: Composite measure of labour underutilization was 267,835 in 2027. ▲ Rising
LU4: Composite measure of labour underutilization in World excluding BRICS, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, lu4: composite measure of labour underutilization in World excluding BRICS stood at 267,835.
That represents a change of up 1.4% on the previous year and up 8.2% over ten years.
Over the whole period, lu4: composite measure of labour underutilization in World excluding BRICS peaked at 293,559 in 2020 and was at its lowest, 205,328, in 2007.
World excluding BRICS ranks 4th of 87 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
LU4: Composite measure of labour underutilization in World excluding BRICS, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 210,859 | — |
| 2006 | 207,298 | -1.7% |
| 2007 | 205,328 | -1.0% |
| 2008 | 212,438 | +3.5% |
| 2009 | 237,944 | +12.0% |
| 2010 | 240,645 | +1.1% |
| 2011 | 239,695 | -0.4% |
| 2012 | 246,806 | +3.0% |
| 2013 | 247,661 | +0.3% |
| 2014 | 246,774 | -0.4% |
| 2015 | 249,285 | +1.0% |
| 2016 | 248,701 | -0.2% |
| 2017 | 247,573 | -0.5% |
| 2018 | 244,500 | -1.2% |
| 2019 | 247,531 | +1.2% |
| 2020 | 293,559 | +18.6% |
| 2021 | 277,248 | -5.6% |
| 2022 | 253,079 | -8.7% |
| 2023 | 248,266 | -1.9% |
| 2024 | 255,077 | +2.7% |
| 2025 | 259,691 | +1.8% |
| 2026 | 264,201 | +1.7% |
| 2027 | 267,835 | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 214,773 | 205,328 | 237,944 | 5 |
| 2010s | 245,917 | 239,695 | 249,285 | 10 |
| 2020s | 264,870 | 248,266 | 293,559 | 8 |
More work & labour data for World excluding BRICS
- Labour force (ILO modelled estimates) 1.94 million (2027)
- Labour force participation rate (ILO modelled estimates) 61.04 (2027)
- Persons outside the labour force (ILO modelled estimates) 1.24 million (2027)
- Unemployment rate (ILO modelled estimates) 4.94 (2027)
- Labour dependency ratio 1.36 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 59,849 (2027)
- Output per worker, GDP constant 2015 US $ 38,580 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.03 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.75 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.3 % change on previous year (2027)
Frequently asked questions
- What is lu4: composite measure of labour underutilization in World excluding BRICS?
- Lu4: composite measure of labour underutilization in World excluding BRICS was 267,835 in 2027, according to International Labour Organization.
- What is the highest lu4: composite measure of labour underutilization recorded in World excluding BRICS?
- The highest recorded value was 293,559 in 2020.
- What is the lowest lu4: composite measure of labour underutilization recorded in World excluding BRICS?
- The lowest recorded value was 205,328 in 2007.
- How does World excluding BRICS rank for lu4: composite measure of labour underutilization?
- World excluding BRICS ranks 4th out of 87 groups with data for 2027.
- Is lu4: composite measure of labour underutilization rising or falling in World excluding BRICS?
- Over the last ten years it is up 8.2%. The long-run trend across the full record is rising.
- Where does this World excluding BRICS data come from?
- The figures come from International Labour Organization, published as part of LU4: Composite measure of labour underutilization (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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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. The composite measure of labour underutilization includes persons who are in unemployment, time-related underemployment or the potential labour force. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.