LU4: Composite measure of labour underutilization in Europe and Central Asia: High income
Europe and Central Asia: High income: LU4: Composite measure of labour underutilization was 35,666 in 2027. ▼ Falling
LU4: Composite measure of labour underutilization in Europe and Central Asia: High income, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, lu4: composite measure of labour underutilization in Europe and Central Asia: High income stood at 35,666. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 1.3% on the previous year and down 24.9% over ten years.
Over the whole period, lu4: composite measure of labour underutilization in Europe and Central Asia: High income peaked at 59,205 in 2013 and was at its lowest, 35,666, in 2027.
That places Europe and Central Asia: High income 35th 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 23 years of available data.
LU4: Composite measure of labour underutilization in Europe and Central Asia: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 48,173 | — |
| 2006 | 46,643 | -3.2% |
| 2007 | 43,405 | -6.9% |
| 2008 | 45,014 | +3.7% |
| 2009 | 54,213 | +20.4% |
| 2010 | 55,519 | +2.4% |
| 2011 | 54,854 | -1.2% |
| 2012 | 57,067 | +4.0% |
| 2013 | 59,205 | +3.7% |
| 2014 | 57,286 | -3.2% |
| 2015 | 54,722 | -4.5% |
| 2016 | 51,345 | -6.2% |
| 2017 | 47,518 | -7.5% |
| 2018 | 43,569 | -8.3% |
| 2019 | 41,459 | -4.8% |
| 2020 | 47,422 | +14.4% |
| 2021 | 44,682 | -5.8% |
| 2022 | 38,943 | -12.8% |
| 2023 | 37,286 | -4.3% |
| 2024 | 36,422 | -2.3% |
| 2025 | 36,343 | -0.2% |
| 2026 | 36,138 | -0.6% |
| 2027 | 35,666 | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47,490 | 43,405 | 54,213 | 5 |
| 2010s | 52,254 | 41,459 | 59,205 | 10 |
| 2020s | 39,113 | 35,666 | 47,422 | 8 |
Countries ranked near Europe and Central Asia: High income
More work & labour data for Europe and Central Asia: High income
- Labour force (ILO modelled estimates) 339,691 (2027)
- Labour force participation rate (ILO modelled estimates) 58.03 (2027)
- Persons outside the labour force (ILO modelled estimates) 245,710 (2027)
- Unemployment rate (ILO modelled estimates) 4.82 (2027)
- Labour dependency ratio 1.13 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 115,809 (2027)
- Output per worker, GDP constant 2015 US $ 71,819 (2027)
- Employment-to-population ratio (ILO modelled estimates) 55.23 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.08 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.4391 % change on previous year (2027)
Frequently asked questions
- What is lu4: composite measure of labour underutilization in Europe and Central Asia: High income?
- Lu4: composite measure of labour underutilization in Europe and Central Asia: High income was 35,666 in 2027, according to International Labour Organization.
- What is the highest lu4: composite measure of labour underutilization recorded in Europe and Central Asia: High income?
- The highest recorded value was 59,205 in 2013.
- What is the lowest lu4: composite measure of labour underutilization recorded in Europe and Central Asia: High income?
- The lowest recorded value was 35,666 in 2027.
- How does Europe and Central Asia: High income rank for lu4: composite measure of labour underutilization?
- Europe and Central Asia: High income ranks 35th out of 87 groups with data for 2027.
- Is lu4: composite measure of labour underutilization rising or falling in Europe and Central Asia: High income?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is falling.
- Where does this Europe and Central Asia: High income 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.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
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.