LU4: Composite measure of labour underutilization in Guyana

Guyana: LU4: Composite measure of labour underutilization was 98.31 in 2024. ▼ Falling

Latest (2024)
98.31
Change on year
down 6.1%
World rank
67th
of 79 countries
All-time high
119.65
in 2018
All-time low
96.79
in 2019
Years of data
5
2018–2024

LU4: Composite measure of labour underutilization in Guyana, 2018–2024

02550751001252018202120242018: 119.72019: 96.82020: 100.42021: 104.72024: 98.3

Source: International Labour Organization.

Analysis

Guyana recorded 98.31 for lu4: composite measure of labour underutilization in 2024.

The figure is down 6.1% on the previous year and down 17.8% over ten years.

That places Guyana 67th out of 79 countries with data for 2024, putting it in the bottom quarter.

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

Annual values for LU4: Composite measure of labour underutilization in Guyana, 2018 to 2024.
Year Value Change
2018 119.65
2019 96.79 -19.1%
2020 100.36 +3.7%
2021 104.66 +4.3%
2024 98.31 -6.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 108.22 96.79 119.65 2
2020s 101.11 98.31 104.66 3

Countries ranked near Guyana

  1. 64 Latvia 111.55 compare
  2. 65 Mongolia 110.66 compare
  3. 66 Estonia 101.14 compare
  4. 68 Slovenia 86.37 compare
  5. 69 Mauritius 56.84
  6. 70 Cyprus 54.92 compare

See the full ranking of 166 places →

More work & labour data for Guyana

All data for Guyana →

Frequently asked questions

What is lu4: composite measure of labour underutilization in Guyana?
Lu4: composite measure of labour underutilization in Guyana was 98.31 in 2024, according to International Labour Organization.
What is the highest lu4: composite measure of labour underutilization recorded in Guyana?
The highest recorded value was 119.65 in 2018.
What is the lowest lu4: composite measure of labour underutilization recorded in Guyana?
The lowest recorded value was 96.79 in 2019.
How does Guyana rank for lu4: composite measure of labour underutilization?
Guyana ranks 67th out of 79 countries with data for 2024.
Is lu4: composite measure of labour underutilization rising or falling in Guyana?
Over the last ten years it is down 17.8%. The long-run trend across the full record is falling.
Where does this Guyana 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 Guyana. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/lu4-composite-measure-of-labour-underutilization/guyana/

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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.