LU4: Composite rate of labour underutilization for persons ages 25 to in Sri Lanka
Sri Lanka: LU4: Composite rate of labour underutilization for persons ages 25 to was 5.6 in 2024. ▲ Rising
LU4: Composite rate of labour underutilization for persons ages 25 to in Sri Lanka, 2010–2024
Source: International Labour Organization.
Analysis
The most recent figure for lu4: composite rate of labour underutilization for persons ages 25 to in Sri Lanka is 5.6, measured in 2024.
That represents a change of down 31.8% on the previous year and up 20.4% over ten years.
Over the whole period, lu4: composite rate of labour underutilization for persons ages 25 to in Sri Lanka peaked at 8.21 in 2023 and was at its lowest, 4.66, in 2014.
That places Sri Lanka 49th out of 56 countries with data for 2024, putting it in the bottom quarter.
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 Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 6.42 | — |
| 2011 | 5.53 | -13.9% |
| 2013 | 5.19 | -6.1% |
| 2014 | 4.66 | -10.3% |
| 2015 | 6.03 | +29.6% |
| 2016 | 6.08 | +0.8% |
| 2017 | 7.24 | +19.0% |
| 2018 | 6.45 | -10.9% |
| 2019 | 6.79 | +5.3% |
| 2020 | 7.36 | +8.4% |
| 2021 | 6.15 | -16.5% |
| 2022 | 6.48 | +5.3% |
| 2023 | 8.21 | +26.9% |
| 2024 | 5.6 | -31.8% |
Sri Lanka compared with similar countries
- Sri Lanka's 5.6 is below the median for upper middle income countries, which is 10.51, 53% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.04 | 4.66 | 7.24 | 9 |
| 2020s | 6.76 | 5.6 | 8.21 | 5 |
Countries ranked near Sri Lanka
More work & labour data for Sri Lanka
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5555 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5407 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5702 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.3 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.6 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,575 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,218 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 10,672 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 10,578 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 21,249 1000 No (2100)
Frequently asked questions
- What is lu4: composite rate of labour underutilization for persons ages 25 to in Sri Lanka?
- Lu4: composite rate of labour underutilization for persons ages 25 to in Sri Lanka was 5.6 in 2024, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Sri Lanka?
- The highest recorded value was 8.21 in 2023.
- What is the lowest lu4: composite rate of labour underutilization for persons ages 25 to recorded in Sri Lanka?
- The lowest recorded value was 4.66 in 2014.
- How does Sri Lanka rank for lu4: composite rate of labour underutilization for persons ages 25 to?
- Sri Lanka ranks 49th out of 56 countries with data for 2024.
- Is lu4: composite rate of labour underutilization for persons ages 25 to rising or falling in Sri Lanka?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is rising.
- Where does this Sri Lanka 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.