LU4: Composite rate of labour underutilization in APEC
APEC: LU4: Composite rate of labour underutilization was 9.99 in 2027. ▼ Falling
LU4: Composite rate of labour underutilization in APEC, 2005–2027
Source: International Labour Organization.
Analysis
APEC recorded 9.99 for lu4: composite rate of labour underutilization in 2027. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 0.3% on the previous year and down 7.4% over ten years.
Over the whole period, lu4: composite rate of labour underutilization in APEC peaked at 12.95 in 2009 and was at its lowest, 9.99, in 2024.
APEC ranks 67th of 87 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
LU4: Composite rate of labour underutilization in APEC, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 12.45 | — |
| 2006 | 12.13 | -2.6% |
| 2007 | 11.85 | -2.3% |
| 2008 | 12.08 | +1.9% |
| 2009 | 12.95 | +7.2% |
| 2010 | 12.47 | -3.6% |
| 2011 | 12.03 | -3.6% |
| 2012 | 11.71 | -2.6% |
| 2013 | 11.58 | -1.1% |
| 2014 | 11.3 | -2.4% |
| 2015 | 11.2 | -0.9% |
| 2016 | 11.03 | -1.5% |
| 2017 | 10.79 | -2.2% |
| 2018 | 10.4 | -3.6% |
| 2019 | 10.27 | -1.3% |
| 2020 | 12.64 | +23.1% |
| 2021 | 11.56 | -8.6% |
| 2022 | 10.54 | -8.8% |
| 2023 | 10 | -5.1% |
| 2024 | 9.99 | -0.1% |
| 2025 | 10 | +0.0% |
| 2026 | 10.02 | +0.3% |
| 2027 | 9.99 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.29 | 11.85 | 12.95 | 5 |
| 2010s | 11.28 | 10.27 | 12.47 | 10 |
| 2020s | 10.59 | 9.99 | 12.64 | 8 |
More work & labour data for APEC
- Persons outside the labour force (ILO modelled estimates) 906,140 (2027)
- Labour force (ILO modelled estimates) 1.60 million (2027)
- Labour force participation rate (ILO modelled estimates) 63.86 (2027)
- Unemployment rate (ILO modelled estimates) 3.87 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.54 % change on previous year (2027)
- Employment-to-population ratio (ILO modelled estimates) 61.39 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.2228 % change on previous year (2027)
- Output per worker, GDP constant 2021 international $ at PPP 67,067 (2027)
- Labour dependency ratio 0.953 (2027)
- Output per worker, GDP constant 2015 US $ 41,946 (2027)
Frequently asked questions
- What is lu4: composite rate of labour underutilization in APEC?
- Lu4: composite rate of labour underutilization in APEC was 9.99 in 2027, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization recorded in APEC?
- The highest recorded value was 12.95 in 2009.
- What is the lowest lu4: composite rate of labour underutilization recorded in APEC?
- The lowest recorded value was 9.99 in 2024.
- How does APEC rank for lu4: composite rate of labour underutilization?
- APEC ranks 67th out of 87 groups with data for 2027.
- Is lu4: composite rate of labour underutilization rising or falling in APEC?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
- Where does this APEC data come from?
- The figures come from International Labour Organization, published as part of LU4: Composite rate of labour underutilization (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU4 represents the share of the extended labour force that are in unemployment, time-related underemployment or the potential labour force. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.