LU4: Composite rate of labour underutilization for persons ages 25 to in Finland
Finland: LU4: Composite rate of labour underutilization for persons ages 25 to was 13.64 in 2020. ▲ Rising
LU4: Composite rate of labour underutilization for persons ages 25 to in Finland, 2007–2020
Source: International Labour Organization.
Analysis
Finland recorded 13.64 for lu4: composite rate of labour underutilization for persons ages 25 to in 2020.
That represents a change of up 11.8% on the previous year and up 4.8% over ten years.
Over the whole period, lu4: composite rate of labour underutilization for persons ages 25 to in Finland peaked at 15.78 in 2016 and was at its lowest, 9.93, in 2008.
Finland ranks 18th of 56 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
LU4: Composite rate of labour underutilization for persons ages 25 to in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 10.61 | — |
| 2008 | 9.93 | -6.4% |
| 2009 | 12.7 | +27.9% |
| 2010 | 13.02 | +2.5% |
| 2011 | 12.21 | -6.2% |
| 2012 | 12.02 | -1.6% |
| 2013 | 12.96 | +7.8% |
| 2014 | 14.76 | +14.0% |
| 2015 | 15.54 | +5.2% |
| 2016 | 15.78 | +1.6% |
| 2017 | 14.91 | -5.5% |
| 2018 | 13.46 | -9.7% |
| 2019 | 12.2 | -9.4% |
| 2020 | 13.64 | +11.8% |
Finland compared with similar countries
- Finland's 13.64 is above the median for high income countries, which is 9.74, 1.4× the median. (29 countries reporting)
- Finland's 13.64 is above the median for Europe & Central Asia, which is 10.46, 1.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.08 | 9.93 | 12.7 | 3 |
| 2010s | 13.69 | 12.02 | 15.78 | 10 |
| 2020s | 13.64 | 13.64 | 13.64 | 1 |
Countries ranked near Finland
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 rate of labour underutilization for persons ages 25 to in Finland?
- Lu4: composite rate of labour underutilization for persons ages 25 to in Finland was 13.64 in 2020, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Finland?
- The highest recorded value was 15.78 in 2016.
- What is the lowest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Finland?
- The lowest recorded value was 9.93 in 2008.
- How does Finland rank for lu4: composite rate of labour underutilization for persons ages 25 to?
- Finland ranks 18th out of 56 countries with data for 2020.
- Is lu4: composite rate of labour underutilization for persons ages 25 to rising or falling in Finland?
- Over the last ten years it is up 4.8%. 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 rate of labour underutilization for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
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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.