LU4: Composite rate of labour underutilization in World excluding India and China
World excluding India and China: LU4: Composite rate of labour underutilization was 14.04 in 2027. ▼ Falling
LU4: Composite rate of labour underutilization in World excluding India and China, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu4: composite rate of labour underutilization in World excluding India and China is 14.04, measured in 2027.
That represents a change of down 9.0% over ten years.
Over the whole period, lu4: composite rate of labour underutilization in World excluding India and China peaked at 17.56 in 2020 and was at its lowest, 13.96, in 2023.
World excluding India and China ranks 41st 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 in World excluding India and China, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 15.55 | — |
| 2006 | 15.08 | -3.1% |
| 2007 | 14.69 | -2.6% |
| 2008 | 14.77 | +0.5% |
| 2009 | 16.09 | +9.0% |
| 2010 | 15.96 | -0.8% |
| 2011 | 15.64 | -2.0% |
| 2012 | 15.74 | +0.6% |
| 2013 | 15.55 | -1.2% |
| 2014 | 15.29 | -1.7% |
| 2015 | 15.4 | +0.7% |
| 2016 | 15.45 | +0.3% |
| 2017 | 15.44 | -0.1% |
| 2018 | 15.08 | -2.3% |
| 2019 | 14.9 | -1.2% |
| 2020 | 17.56 | +17.9% |
| 2021 | 16.61 | -5.4% |
| 2022 | 14.66 | -11.8% |
| 2023 | 13.96 | -4.8% |
| 2024 | 13.99 | +0.3% |
| 2025 | 14.03 | +0.3% |
| 2026 | 14.04 | +0.1% |
| 2027 | 14.04 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.24 | 14.69 | 16.09 | 5 |
| 2010s | 15.45 | 14.9 | 15.96 | 10 |
| 2020s | 14.86 | 13.96 | 17.56 | 8 |
More work & labour data for World excluding India and China
- Labour force (ILO modelled estimates) 2.45 million (2027)
- Labour force participation rate (ILO modelled estimates) 60.91 (2027)
- Persons outside the labour force (ILO modelled estimates) 1.57 million (2027)
- Unemployment rate (ILO modelled estimates) 5.06 (2027)
- Labour dependency ratio 1.35 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 57,634 (2027)
- Output per worker, GDP constant 2015 US $ 34,130 (2027)
- Employment-to-population ratio (ILO modelled estimates) 57.83 (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 1.24 % change on previous year (2027)
Frequently asked questions
- What is lu4: composite rate of labour underutilization in World excluding India and China?
- Lu4: composite rate of labour underutilization in World excluding India and China was 14.04 in 2027, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization recorded in World excluding India and China?
- The highest recorded value was 17.56 in 2020.
- What is the lowest lu4: composite rate of labour underutilization recorded in World excluding India and China?
- The lowest recorded value was 13.96 in 2023.
- How does World excluding India and China rank for lu4: composite rate of labour underutilization?
- World excluding India and China ranks 41st out of 87 groups with data for 2027.
- Is lu4: composite rate of labour underutilization rising or falling in World excluding India and China?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this World excluding India and China 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.
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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.