LU4: Composite measure of labour underutilization in Barbados

Barbados: LU4: Composite measure of labour underutilization was 17.08 in 2024. ▼ Falling

Latest (2024)
17.08
Change on year
down 0.4%
World rank
78th
of 79 countries
All-time high
27.44
in 2021
All-time low
17.08
in 2024
Years of data
9
2015–2024

LU4: Composite measure of labour underutilization in Barbados, 2015–2024

01020302015201920242015: 21.32016: 20.22017: 19.72018: 20.62019: 20.62021: 27.42022: 20.32023: 17.22024: 17.1

Source: International Labour Organization.

Analysis

Barbados recorded 17.08 for lu4: composite measure of labour underutilization in 2024. That is the lowest value across all 9 years on record.

That represents a change of down 0.4% on the previous year and down 20.0% over ten years.

Over the whole period, lu4: composite measure of labour underutilization in Barbados peaked at 27.44 in 2021 and was at its lowest, 17.08, in 2024.

That places Barbados 78th out of 79 countries with data for 2024, putting it in the bottom quarter.

LU4: Composite measure of labour underutilization in Barbados, year by year

Annual values for LU4: Composite measure of labour underutilization in Barbados, 2015 to 2024.
Year Value Change
2015 21.34
2016 20.23 -5.2%
2017 19.7 -2.6%
2018 20.55 +4.3%
2019 20.61 +0.3%
2021 27.44 +33.1%
2022 20.33 -25.9%
2023 17.15 -15.6%
2024 17.08 -0.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20.49 19.7 21.34 5
2020s 20.5 17.08 27.44 4

Countries ranked near Barbados

  1. 75 Iceland 24.16 compare
  2. 76 Malta 23.66 compare
  3. 77 Belize 20.63
  4. 79 Seychelles 3.42 compare

See the full ranking of 166 places →

More work & labour data for Barbados

All data for Barbados →

Frequently asked questions

What is lu4: composite measure of labour underutilization in Barbados?
Lu4: composite measure of labour underutilization in Barbados was 17.08 in 2024, according to International Labour Organization.
What is the highest lu4: composite measure of labour underutilization recorded in Barbados?
The highest recorded value was 27.44 in 2021.
What is the lowest lu4: composite measure of labour underutilization recorded in Barbados?
The lowest recorded value was 17.08 in 2024.
How does Barbados rank for lu4: composite measure of labour underutilization?
Barbados ranks 78th out of 79 countries with data for 2024.
Is lu4: composite measure of labour underutilization rising or falling in Barbados?
Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
Where does this Barbados data come from?
The figures come from International Labour Organization, published as part of LU4: Composite measure of labour underutilization. Statizoid updates them automatically from the source API.

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LU4: Composite measure of labour underutilization in Barbados. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/lu4-composite-measure-of-labour-underutilization/barbados/

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About this data

Indicator
LU4: Composite measure of labour underutilization
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
166 places, 3,284 data points, 1991–2027
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU4 represents the share of the extended labour force that are in unemployment, time-related underemployment or the potential labour force. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.