LU4: Composite rate of labour underutilization for persons ages 25 to in Bolivia
Bolivia: LU4: Composite rate of labour underutilization for persons ages 25 to was 6.54 in 2019. ▼ Falling
LU4: Composite rate of labour underutilization for persons ages 25 to in Bolivia, 2000–2019
Source: International Labour Organization.
Analysis
Bolivia recorded 6.54 for lu4: composite rate of labour underutilization for persons ages 25 to in 2019.
Compared with earlier readings it is up 4.6% on the previous year and down 39.3% over ten years.
Over the whole period, lu4: composite rate of labour underutilization for persons ages 25 to in Bolivia peaked at 24.1 in 2001 and was at its lowest, 6.25, in 2018.
Bolivia ranks 43rd of 56 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
LU4: Composite rate of labour underutilization for persons ages 25 to in Bolivia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 17.59 | — |
| 2001 | 24.1 | +37.1% |
| 2002 | 20.18 | -16.3% |
| 2004 | 18.48 | -8.4% |
| 2007 | 12.26 | -33.7% |
| 2008 | 10.14 | -17.2% |
| 2009 | 10.78 | +6.2% |
| 2011 | 8.68 | -19.4% |
| 2012 | 8.61 | -0.8% |
| 2013 | 8.44 | -2.0% |
| 2014 | 7.13 | -15.6% |
| 2015 | 6.47 | -9.2% |
| 2016 | 7.62 | +17.7% |
| 2017 | 6.32 | -17.0% |
| 2018 | 6.25 | -1.0% |
| 2019 | 6.54 | +4.6% |
Bolivia compared with similar countries
- Bolivia's 6.54 is below the median for lower middle income countries, which is 15.09, 43% of the median. (7 countries reporting)
- Bolivia's 6.54 is below the median for Latin America & Caribbean, which is 12.16, 54% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.22 | 10.14 | 24.1 | 7 |
| 2010s | 7.34 | 6.25 | 8.68 | 9 |
Countries ranked near Bolivia
More work & labour data for Bolivia
- Persons outside the labour force (ILO modelled estimates) 1,928 (2027)
- Labour force participation rate (ILO modelled estimates) 79.04 (2027)
- Labour force (ILO modelled estimates) 7,271 (2027)
- Unemployment rate (ILO modelled estimates) 2.58 (2027)
- Labour dependency ratio 0.823 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 17,718 (2027)
- Output per worker, GDP constant 2015 US $ 5,806 (2027)
- Employment-to-population ratio (ILO modelled estimates) 77 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9059 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 2.01 % change on previous year (2027)
Frequently asked questions
- What is lu4: composite rate of labour underutilization for persons ages 25 to in Bolivia?
- Lu4: composite rate of labour underutilization for persons ages 25 to in Bolivia was 6.54 in 2019, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Bolivia?
- The highest recorded value was 24.1 in 2001.
- What is the lowest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Bolivia?
- The lowest recorded value was 6.25 in 2018.
- How does Bolivia rank for lu4: composite rate of labour underutilization for persons ages 25 to?
- Bolivia ranks 43rd out of 56 countries with data for 2019.
- Is lu4: composite rate of labour underutilization for persons ages 25 to rising or falling in Bolivia?
- Over the last ten years it is down 39.3%. The long-run trend across the full record is falling.
- Where does this Bolivia data come from?
- The figures come from International Labour Organization, published as part of LU4: Composite rate of labour underutilization for persons ages 25 to 54 (previous ILO definition - ICLS13). 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, in this case for persons of prime age (i.e., persons ages 25 to 54), that are in unemployment, time-related underemployment or the potential labour force. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.