LU4: Composite rate of labour underutilization (ILO) … modelled in South-Eastern Asia and the Pacific: High income
South-Eastern Asia and the Pacific: High income: LU4: Composite rate of labour underutilization (ILO) … modelled was 10.76 in 2027. ▼ Falling
LU4: Composite rate of labour underutilization in South-Eastern Asia and the Pacific: High income, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu4: composite rate of labour underutilization in South-Eastern Asia and the Pacific: High income is 10.76, measured in 2027.
That represents a change of up 0.3% on the previous year and down 25.7% over ten years.
Over the whole period, lu4: composite rate of labour underutilization in South-Eastern Asia and the Pacific: High income peaked at 16.63 in 2020 and was at its lowest, 10.29, in 2022.
South-Eastern Asia and the Pacific: High income ranks 62nd of 87 groups on this measure, 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 (ILO) … modelled in South-Eastern Asia and the Pacific: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 13.55 | — |
| 2006 | 12.84 | -5.3% |
| 2007 | 12.21 | -4.9% |
| 2008 | 12.02 | -1.6% |
| 2009 | 14.98 | +24.6% |
| 2010 | 14.04 | -6.2% |
| 2011 | 13.75 | -2.1% |
| 2012 | 14.02 | +2.0% |
| 2013 | 14.39 | +2.7% |
| 2014 | 14.87 | +3.3% |
| 2015 | 14.87 | -0.0% |
| 2016 | 14.59 | -1.9% |
| 2017 | 14.47 | -0.8% |
| 2018 | 13.88 | -4.1% |
| 2019 | 13.35 | -3.8% |
| 2020 | 16.63 | +24.6% |
| 2021 | 13.28 | -20.2% |
| 2022 | 10.29 | -22.6% |
| 2023 | 10.41 | +1.2% |
| 2024 | 10.48 | +0.7% |
| 2025 | 10.68 | +1.9% |
| 2026 | 10.73 | +0.4% |
| 2027 | 10.76 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.12 | 12.02 | 14.98 | 5 |
| 2010s | 14.22 | 13.35 | 14.87 | 10 |
| 2020s | 11.66 | 10.29 | 16.63 | 8 |
More work & labour data for South-Eastern Asia and the Pacific: High income
- Labour force (ILO modelled estimates) 22,344 (2027)
- Labour force participation rate (ILO modelled estimates) 67.06 (2027)
- Persons outside the labour force (ILO modelled estimates) 10,973 (2027)
- Unemployment rate (ILO modelled estimates) 4.15 (2027)
- Labour dependency ratio 0.866 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 136,733 (2027)
- Output per worker, GDP constant 2015 US $ 115,072 (2027)
- Employment-to-population ratio (ILO modelled estimates) 64.28 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.42 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.7667 % change on previous year (2027)
All data for South-Eastern Asia and the Pacific: High income →
Frequently asked questions
- What is lu4: composite rate of labour underutilization in South-Eastern Asia and the Pacific: High income?
- Lu4: composite rate of labour underutilization in South-Eastern Asia and the Pacific: High income was 10.76 in 2027, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization recorded in South-Eastern Asia and the Pacific: High income?
- The highest recorded value was 16.63 in 2020.
- What is the lowest lu4: composite rate of labour underutilization recorded in South-Eastern Asia and the Pacific: High income?
- The lowest recorded value was 10.29 in 2022.
- How does South-Eastern Asia and the Pacific: High income rank for lu4: composite rate of labour underutilization?
- South-Eastern Asia and the Pacific: High income ranks 62nd out of 87 groups with data for 2027.
- Is lu4: composite rate of labour underutilization rising or falling in South-Eastern Asia and the Pacific: High income?
- Over the last ten years it is down 25.7%. The long-run trend across the full record is falling.
- Where does this South-Eastern Asia and the Pacific: High income 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
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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.