LU4: Composite rate of labour underutilization in World: Low income
World: Low income: LU4: Composite rate of labour underutilization was 21.08 in 2027. ▲ Rising
LU4: Composite rate of labour underutilization in World: Low income, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, lu4: composite rate of labour underutilization in World: Low income stood at 21.08.
Compared with earlier readings it is down 0.5% on the previous year and down 2.0% over ten years.
Over the whole period, lu4: composite rate of labour underutilization in World: Low income peaked at 22.78 in 2020 and was at its lowest, 17.98, in 2005.
That places World: Low income 16th out of 87 groups with data for 2027, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
LU4: Composite rate of labour underutilization in World: Low income, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 17.98 | — |
| 2006 | 18.21 | +1.3% |
| 2007 | 18.5 | +1.6% |
| 2008 | 18.89 | +2.1% |
| 2009 | 19.01 | +0.6% |
| 2010 | 19.49 | +2.5% |
| 2011 | 19.71 | +1.1% |
| 2012 | 20.27 | +2.8% |
| 2013 | 20.21 | -0.3% |
| 2014 | 20.41 | +1.0% |
| 2015 | 20.87 | +2.2% |
| 2016 | 21.2 | +1.6% |
| 2017 | 21.51 | +1.5% |
| 2018 | 21.27 | -1.1% |
| 2019 | 21.18 | -0.4% |
| 2020 | 22.78 | +7.5% |
| 2021 | 21.96 | -3.6% |
| 2022 | 20.92 | -4.7% |
| 2023 | 21.04 | +0.6% |
| 2024 | 21.27 | +1.1% |
| 2025 | 21.26 | -0.0% |
| 2026 | 21.18 | -0.4% |
| 2027 | 21.08 | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.52 | 17.98 | 19.01 | 5 |
| 2010s | 20.61 | 19.49 | 21.51 | 10 |
| 2020s | 21.44 | 20.92 | 22.78 | 8 |
More work & labour data for World: Low income
- Labour force (ILO modelled estimates) 305,627 (2027)
- Labour force participation rate (ILO modelled estimates) 62.53 (2027)
- Persons outside the labour force (ILO modelled estimates) 183,142 (2027)
- Unemployment rate (ILO modelled estimates) 5.26 (2027)
- Labour dependency ratio 1.83 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 6,863 (2027)
- Output per worker, GDP constant 2015 US $ 2,144 (2027)
- Employment-to-population ratio (ILO modelled estimates) 59.24 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 3.26 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 3 % change on previous year (2027)
Frequently asked questions
- What is lu4: composite rate of labour underutilization in World: Low income?
- Lu4: composite rate of labour underutilization in World: Low income was 21.08 in 2027, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization recorded in World: Low income?
- The highest recorded value was 22.78 in 2020.
- What is the lowest lu4: composite rate of labour underutilization recorded in World: Low income?
- The lowest recorded value was 17.98 in 2005.
- How does World: Low income rank for lu4: composite rate of labour underutilization?
- World: Low income ranks 16th out of 87 groups with data for 2027.
- Is lu4: composite rate of labour underutilization rising or falling in World: Low income?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is rising.
- Where does this World: Low 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
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.