LU4: Composite measure of labour underutilization in South America
South America: LU4: Composite measure of labour underutilization was 38,512 in 2027. ▲ Rising
LU4: Composite measure of labour underutilization in South America, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu4: composite measure of labour underutilization in South America is 38,512, measured in 2027.
That represents a change of down 0.3% on the previous year and down 16.2% over ten years.
Over the whole period, lu4: composite measure of labour underutilization in South America peaked at 58,427 in 2020 and was at its lowest, 33,263, in 2014.
That places South America 34th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
LU4: Composite measure of labour underutilization in South America, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 41,624 | — |
| 2006 | 39,584 | -4.9% |
| 2007 | 38,007 | -4.0% |
| 2008 | 36,455 | -4.1% |
| 2009 | 39,994 | +9.7% |
| 2010 | 38,271 | -4.3% |
| 2011 | 36,461 | -4.7% |
| 2012 | 36,316 | -0.4% |
| 2013 | 34,560 | -4.8% |
| 2014 | 33,263 | -3.8% |
| 2015 | 36,217 | +8.9% |
| 2016 | 42,036 | +16.1% |
| 2017 | 45,939 | +9.3% |
| 2018 | 47,467 | +3.3% |
| 2019 | 49,272 | +3.8% |
| 2020 | 58,427 | +18.6% |
| 2021 | 54,468 | -6.8% |
| 2022 | 44,311 | -18.6% |
| 2023 | 40,227 | -9.2% |
| 2024 | 39,528 | -1.7% |
| 2025 | 39,286 | -0.6% |
| 2026 | 38,622 | -1.7% |
| 2027 | 38,512 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39,133 | 36,455 | 41,624 | 5 |
| 2010s | 39,980 | 33,263 | 49,272 | 10 |
| 2020s | 44,173 | 38,512 | 58,427 | 8 |
Countries ranked near South America
More work & labour data for South America
- Population - Est. & Proj. — Total Population - Male 188,449 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6536 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6333 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6731 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.47 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.3248 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 450,619 1000 No (2050)
- Population - Est. & Proj. — Total Population - Both sexes 379,097 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 190,649 1000 No (2100)
- Population - Est. & Proj. — Rural population 49,401 1000 No (2050)
Frequently asked questions
- What is lu4: composite measure of labour underutilization in South America?
- Lu4: composite measure of labour underutilization in South America was 38,512 in 2027, according to International Labour Organization.
- What is the highest lu4: composite measure of labour underutilization recorded in South America?
- The highest recorded value was 58,427 in 2020.
- What is the lowest lu4: composite measure of labour underutilization recorded in South America?
- The lowest recorded value was 33,263 in 2014.
- How does South America rank for lu4: composite measure of labour underutilization?
- South America ranks 34th out of 87 groups with data for 2027.
- Is lu4: composite measure of labour underutilization rising or falling in South America?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is rising.
- Where does this South America 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.