LU4: Composite rate of labour underutilization for persons ages 25 to in Serbia
Serbia: LU4: Composite rate of labour underutilization for persons ages 25 to was 18.32 in 2019. ▼ Falling
LU4: Composite rate of labour underutilization for persons ages 25 to in Serbia, 2008–2019
Source: International Labour Organization.
Analysis
In 2019, lu4: composite rate of labour underutilization for persons ages 25 to in Serbia stood at 18.32. That is the lowest value across all 8 years on record.
The figure is down 11.5% on the previous year and down 25.9% over ten years.
Over the whole period, lu4: composite rate of labour underutilization for persons ages 25 to in Serbia peaked at 29.08 in 2011 and was at its lowest, 18.32, in 2019.
Serbia ranks 5th of 56 countries on this measure, in the top 10%.
LU4: Composite rate of labour underutilization for persons ages 25 to in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 20.23 | — |
| 2009 | 24.73 | +22.2% |
| 2010 | 27.35 | +10.6% |
| 2011 | 29.08 | +6.3% |
| 2016 | 27.03 | -7.0% |
| 2017 | 23.7 | -12.3% |
| 2018 | 20.7 | -12.6% |
| 2019 | 18.32 | -11.5% |
Serbia compared with similar countries
- Serbia's 18.32 is above the median for upper middle income countries, which is 10.51, 1.7× the median. (19 countries reporting)
- Serbia's 18.32 is above the median for Europe & Central Asia, which is 10.46, 1.8× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.48 | 20.23 | 24.73 | 2 |
| 2010s | 24.36 | 18.32 | 29.08 | 6 |
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 rate of labour underutilization for persons ages 25 to in Serbia?
- Lu4: composite rate of labour underutilization for persons ages 25 to in Serbia was 18.32 in 2019, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Serbia?
- The highest recorded value was 29.08 in 2011.
- What is the lowest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Serbia?
- The lowest recorded value was 18.32 in 2019.
- How does Serbia rank for lu4: composite rate of labour underutilization for persons ages 25 to?
- Serbia ranks 5th out of 56 countries with data for 2019.
- Is lu4: composite rate of labour underutilization for persons ages 25 to rising or falling in Serbia?
- Over the last ten years it is down 25.9%. 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 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.