LU4: Composite rate of labour underutilization in South America
South America: LU4: Composite rate of labour underutilization was 16.35 in 2027. ▼ Falling
LU4: Composite rate of labour underutilization in South America, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, lu4: composite rate of labour underutilization in South America stood at 16.35.
Compared with earlier readings it is down 1.0% on the previous year and down 22.5% over ten years.
Over the whole period, lu4: composite rate of labour underutilization in South America peaked at 26.9 in 2020 and was at its lowest, 16.14, in 2014.
That places South America 32nd out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
LU4: Composite rate of labour underutilization in South America, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 22.31 | — |
| 2006 | 20.88 | -6.4% |
| 2007 | 19.83 | -5.0% |
| 2008 | 18.76 | -5.4% |
| 2009 | 20.1 | +7.1% |
| 2010 | 19.14 | -4.8% |
| 2011 | 18.14 | -5.2% |
| 2012 | 17.85 | -1.6% |
| 2013 | 16.89 | -5.4% |
| 2014 | 16.14 | -4.4% |
| 2015 | 17.28 | +7.1% |
| 2016 | 19.68 | +13.9% |
| 2017 | 21.09 | +7.2% |
| 2018 | 21.48 | +1.8% |
| 2019 | 21.99 | +2.4% |
| 2020 | 26.9 | +22.3% |
| 2021 | 24.37 | -9.4% |
| 2022 | 19.59 | -19.6% |
| 2023 | 17.76 | -9.4% |
| 2024 | 17.23 | -3.0% |
| 2025 | 16.92 | -1.8% |
| 2026 | 16.52 | -2.4% |
| 2027 | 16.35 | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.38 | 18.76 | 22.31 | 5 |
| 2010s | 18.97 | 16.14 | 21.99 | 10 |
| 2020s | 19.45 | 16.35 | 26.9 | 8 |
More work & labour data for South America
- Population - Est. & Proj. — Total Population - Male 188,449 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6536 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6333 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6731 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.47 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.3248 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 450,619 1000 No (2050)
- Population - Est. & Proj. — Total Population - Both sexes 379,097 1000 No (2100)
- Population - Est. & Proj. — Total Population - Female 190,649 1000 No (2100)
- Population - Est. & Proj. — Rural population 49,401 1000 No (2050)
Frequently asked questions
- What is lu4: composite rate of labour underutilization in South America?
- Lu4: composite rate of labour underutilization in South America was 16.35 in 2027, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization recorded in South America?
- The highest recorded value was 26.9 in 2020.
- What is the lowest lu4: composite rate of labour underutilization recorded in South America?
- The lowest recorded value was 16.14 in 2014.
- How does South America rank for lu4: composite rate of labour underutilization?
- South America ranks 32nd out of 87 groups with data for 2027.
- Is lu4: composite rate of labour underutilization rising or falling in South America?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is falling.
- Where does this South America 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.