LU4: Composite measure of labour underutilization in Finland
Finland: LU4: Composite measure of labour underutilization was 603.41 in 2024. ▲ Rising
LU4: Composite measure of labour underutilization in Finland, 1999–2024
Source: International Labour Organization.
Analysis
Finland recorded 603.41 for lu4: composite measure of labour underutilization in 2024. That is the highest value across all 26 years on record.
The figure is up 14.0% on the previous year and up 10.6% over ten years.
Over the whole period, lu4: composite measure of labour underutilization in Finland peaked at 603.41 in 2024 and was at its lowest, 385.4, in 2008.
Finland ranks 39th of 79 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
LU4: Composite measure of labour underutilization in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 521.56 | — |
| 2000 | 493.11 | -5.5% |
| 2001 | 531.81 | +7.8% |
| 2002 | 532.08 | +0.1% |
| 2003 | 521.9 | -1.9% |
| 2004 | 505.5 | -3.1% |
| 2005 | 488.75 | -3.3% |
| 2006 | 488.82 | +0.0% |
| 2007 | 407.65 | -16.6% |
| 2008 | 385.4 | -5.5% |
| 2009 | 460.6 | +19.5% |
| 2010 | 480.09 | +4.2% |
| 2011 | 464.85 | -3.2% |
| 2012 | 466.54 | +0.4% |
| 2013 | 500.81 | +7.3% |
| 2014 | 545.41 | +8.9% |
| 2015 | 577.35 | +5.9% |
| 2016 | 581.27 | +0.7% |
| 2017 | 564.75 | -2.8% |
| 2018 | 516.41 | -8.6% |
| 2019 | 484.01 | -6.3% |
| 2020 | 542.87 | +12.2% |
| 2021 | 501.75 | -7.6% |
| 2022 | 494.4 | -1.5% |
| 2023 | 529.1 | +7.0% |
| 2024 | 603.41 | +14.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 521.56 | 521.56 | 521.56 | 1 |
| 2000s | 481.56 | 385.4 | 532.08 | 10 |
| 2010s | 518.15 | 464.85 | 581.27 | 10 |
| 2020s | 534.31 | 494.4 | 603.41 | 5 |
Countries ranked near Finland
- 36 Belgium 623.26 compare
- 37 Bolivia, Plurinational State of 621.17 compare
- 38 Dominican Republic 605.4 compare
- 40 Austria 537.15 compare
- 41 Costa Rica 505.37 compare
- 42 Thailand 496.61 compare
More work & labour data for Finland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3571 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.35 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3641 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.59 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2994 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,282 1000 No (2050)
- Population - Est. & Proj. — Rural population 583.99 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,261 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,341 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 4,601 1000 No (2100)
Frequently asked questions
- What is lu4: composite measure of labour underutilization in Finland?
- Lu4: composite measure of labour underutilization in Finland was 603.41 in 2024, according to International Labour Organization.
- What is the highest lu4: composite measure of labour underutilization recorded in Finland?
- The highest recorded value was 603.41 in 2024.
- What is the lowest lu4: composite measure of labour underutilization recorded in Finland?
- The lowest recorded value was 385.4 in 2008.
- How does Finland rank for lu4: composite measure of labour underutilization?
- Finland ranks 39th out of 79 countries with data for 2024.
- Is lu4: composite measure of labour underutilization rising or falling in Finland?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
- Where does this Finland 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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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.