LU4: Composite rate of labour underutilization in World excluding BRICS
World excluding BRICS: LU4: Composite rate of labour underutilization was 13.28 in 2027. ▼ Falling
LU4: Composite rate of labour underutilization in World excluding BRICS, 2005–2027
Source: International Labour Organization.
Analysis
World excluding BRICS recorded 13.28 for lu4: composite rate of labour underutilization in 2027.
Compared with earlier readings it is up 0.1% on the previous year and down 5.7% over ten years.
Over the whole period, lu4: composite rate of labour underutilization in World excluding BRICS peaked at 16.21 in 2020 and was at its lowest, 12.99, in 2023.
That places World excluding BRICS 47th 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 World excluding BRICS, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 14.37 | — |
| 2006 | 13.89 | -3.3% |
| 2007 | 13.54 | -2.5% |
| 2008 | 13.78 | +1.7% |
| 2009 | 15.18 | +10.1% |
| 2010 | 15.12 | -0.4% |
| 2011 | 14.82 | -1.9% |
| 2012 | 15.05 | +1.5% |
| 2013 | 14.9 | -1.0% |
| 2014 | 14.65 | -1.6% |
| 2015 | 14.58 | -0.5% |
| 2016 | 14.34 | -1.6% |
| 2017 | 14.09 | -1.8% |
| 2018 | 13.71 | -2.7% |
| 2019 | 13.67 | -0.2% |
| 2020 | 16.21 | +18.5% |
| 2021 | 15.04 | -7.2% |
| 2022 | 13.46 | -10.5% |
| 2023 | 12.99 | -3.5% |
| 2024 | 13.16 | +1.3% |
| 2025 | 13.22 | +0.5% |
| 2026 | 13.27 | +0.4% |
| 2027 | 13.28 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.15 | 13.54 | 15.18 | 5 |
| 2010s | 14.49 | 13.67 | 15.12 | 10 |
| 2020s | 13.83 | 12.99 | 16.21 | 8 |
More work & labour data for World excluding BRICS
- Labour force (ILO modelled estimates) 1.94 million (2027)
- Labour force participation rate (ILO modelled estimates) 61.04 (2027)
- Persons outside the labour force (ILO modelled estimates) 1.24 million (2027)
- Unemployment rate (ILO modelled estimates) 4.94 (2027)
- Labour dependency ratio 1.36 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 59,849 (2027)
- Output per worker, GDP constant 2015 US $ 38,580 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.03 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.75 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.3 % change on previous year (2027)
Frequently asked questions
- What is lu4: composite rate of labour underutilization in World excluding BRICS?
- Lu4: composite rate of labour underutilization in World excluding BRICS was 13.28 in 2027, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization recorded in World excluding BRICS?
- The highest recorded value was 16.21 in 2020.
- What is the lowest lu4: composite rate of labour underutilization recorded in World excluding BRICS?
- The lowest recorded value was 12.99 in 2023.
- How does World excluding BRICS rank for lu4: composite rate of labour underutilization?
- World excluding BRICS ranks 47th out of 87 groups with data for 2027.
- Is lu4: composite rate of labour underutilization rising or falling in World excluding BRICS?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is falling.
- Where does this World excluding BRICS 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.