LU4: Composite measure of labour underutilization in Serbia
Serbia: LU4: Composite measure of labour underutilization was 702.93 in 2020. ▼ Falling
LU4: Composite measure of labour underutilization in Serbia, 2008–2020
Source: International Labour Organization.
Analysis
In 2020, lu4: composite measure of labour underutilization in Serbia stood at 702.93. That is the lowest value across all 13 years on record.
That represents a change of down 2.4% on the previous year and down 30.7% over ten years.
Over the whole period, lu4: composite measure of labour underutilization in Serbia peaked at 1,208 in 2014 and was at its lowest, 702.93, in 2020.
That places Serbia 29th out of 79 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
LU4: Composite measure of labour underutilization in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 800.47 | — |
| 2009 | 915.59 | +14.4% |
| 2010 | 1,014 | +10.8% |
| 2011 | 1,084 | +6.8% |
| 2012 | 1,119 | +3.2% |
| 2013 | 1,104 | -1.3% |
| 2014 | 1,208 | +9.4% |
| 2015 | 1,170 | -3.2% |
| 2016 | 1,074 | -8.2% |
| 2017 | 932.01 | -13.3% |
| 2018 | 808.72 | -13.2% |
| 2019 | 720.31 | -10.9% |
| 2020 | 702.93 | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 858.03 | 800.47 | 915.59 | 2 |
| 2010s | 1,024 | 720.31 | 1,208 | 10 |
| 2020s | 702.93 | 702.93 | 702.93 | 1 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7737 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7205 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8268 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.14 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1128 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,121 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,326 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,850 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,852 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,702 1000 No (2100)
Frequently asked questions
- What is lu4: composite measure of labour underutilization in Serbia?
- Lu4: composite measure of labour underutilization in Serbia was 702.93 in 2020, according to International Labour Organization.
- What is the highest lu4: composite measure of labour underutilization recorded in Serbia?
- The highest recorded value was 1,208 in 2014.
- What is the lowest lu4: composite measure of labour underutilization recorded in Serbia?
- The lowest recorded value was 702.93 in 2020.
- How does Serbia rank for lu4: composite measure of labour underutilization?
- Serbia ranks 29th out of 79 countries with data for 2020.
- Is lu4: composite measure of labour underutilization rising or falling in Serbia?
- Over the last ten years it is down 30.7%. The long-run trend across the full record is falling.
- Where does this Serbia 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.