LU4: Composite rate of labour underutilization for persons ages 25 to in Honduras
Honduras: LU4: Composite rate of labour underutilization for persons ages 25 to was 19.4 in 2024. ▲ Rising
LU4: Composite rate of labour underutilization for persons ages 25 to in Honduras, 2013–2024
Source: International Labour Organization.
Analysis
The most recent figure for lu4: composite rate of labour underutilization for persons ages 25 to in Honduras is 19.4, measured in 2024. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 23.0% on the previous year and down 20.7% over ten years.
Over the whole period, lu4: composite rate of labour underutilization for persons ages 25 to in Honduras peaked at 46.91 in 2020 and was at its lowest, 19.4, in 2024.
That places Honduras 4th out of 56 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
LU4: Composite rate of labour underutilization for persons ages 25 to in Honduras, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 22.41 | — |
| 2014 | 24.46 | +9.2% |
| 2015 | 24.99 | +2.1% |
| 2016 | 21.25 | -15.0% |
| 2017 | 21.94 | +3.3% |
| 2018 | 30.1 | +37.2% |
| 2019 | 25.69 | -14.6% |
| 2020 | 46.91 | +82.6% |
| 2021 | 43.18 | -7.9% |
| 2022 | 34.83 | -19.4% |
| 2023 | 25.2 | -27.6% |
| 2024 | 19.4 | -23.0% |
Honduras compared with similar countries
- Honduras's 19.4 is above the median for lower middle income countries, which is 15.09, 1.3× the median. (7 countries reporting)
- Honduras's 19.4 is above the median for Latin America & Caribbean, which is 12.16, 1.6× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 24.4 | 21.25 | 30.1 | 7 |
| 2020s | 33.9 | 19.4 | 46.91 | 5 |
Countries ranked near Honduras
More work & labour data for Honduras
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.1079 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.0917 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1244 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.17 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 9,793 1000 No (2050)
- Population - Est. & Proj. — Rural population 3,456 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 8,495 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 8,535 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 17,030 1000 No (2100)
Frequently asked questions
- What is lu4: composite rate of labour underutilization for persons ages 25 to in Honduras?
- Lu4: composite rate of labour underutilization for persons ages 25 to in Honduras was 19.4 in 2024, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Honduras?
- The highest recorded value was 46.91 in 2020.
- What is the lowest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Honduras?
- The lowest recorded value was 19.4 in 2024.
- How does Honduras rank for lu4: composite rate of labour underutilization for persons ages 25 to?
- Honduras ranks 4th out of 56 countries with data for 2024.
- Is lu4: composite rate of labour underutilization for persons ages 25 to rising or falling in Honduras?
- Over the last ten years it is down 20.7%. The long-run trend across the full record is rising.
- Where does this Honduras 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.