LU4: Composite rate of labour underutilization (previous ILO) in Finland

Finland: LU4: Composite rate of labour underutilization (previous ILO) was 20.06 in 2024. ▬ Flat

Latest (2024)
20.06
Change on year
up 13.3%
World rank
12th
of 75 countries
All-time high
20.25
in 2016
All-time low
13.69
in 2008
Years of data
26
1999–2024

LU4: Composite rate of labour underutilization (previous ILO) in Finland, 1999–2024

051015201999201120241999: 18.52000: 17.42001: 18.82002: 18.82003: 18.52004: 18.12005: 17.32006: 17.22007: 14.62008: 13.72009: 16.52010: 17.12011: 16.52012: 16.52013: 17.72014: 19.12015: 20.22016: 20.22017: 19.62018: 17.72019: 16.72020: 18.72021: 17.32022: 16.72023: 17.72024: 20.1

Source: International Labour Organization.

Analysis

The most recent figure for lu4: composite rate of labour underutilization (previous ilo) in Finland is 20.06, measured in 2024.

Compared with earlier readings it is up 13.3% on the previous year and up 5.0% over ten years.

Over the whole period, lu4: composite rate of labour underutilization (previous ilo) in Finland peaked at 20.25 in 2016 and was at its lowest, 13.69, in 2008.

That places Finland 12th out of 75 countries with data for 2024, putting it in the top quarter.

LU4: Composite rate of labour underutilization (previous ILO) in Finland, year by year

Annual values for LU4: Composite rate of labour underutilization (previous ILO definition - ICLS13) (15+) in Finland, 1999 to 2024.
Year Value Change
1999 18.51
2000 17.42 -5.9%
2001 18.84 +8.2%
2002 18.78 -0.3%
2003 18.52 -1.4%
2004 18.09 -2.3%
2005 17.33 -4.2%
2006 17.23 -0.6%
2007 14.56 -15.5%
2008 13.69 -5.9%
2009 16.49 +20.4%
2010 17.12 +3.8%
2011 16.47 -3.8%
2012 16.45 -0.1%
2013 17.7 +7.5%
2014 19.1 +7.9%
2015 20.17 +5.6%
2016 20.25 +0.4%
2017 19.55 -3.4%
2018 17.73 -9.3%
2019 16.72 -5.7%
2020 18.65 +11.5%
2021 17.26 -7.5%
2022 16.68 -3.4%
2023 17.7 +6.1%
2024 20.06 +13.3%

Finland compared with similar countries

  • Finland's 20.06 is above the median for high income countries, which is 11.43, 1.8× the median. (42 countries reporting)
  • Finland's 20.06 is above the median for Europe & Central Asia, which is 12.04, 1.7× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.51 18.51 18.51 1
2000s 17.1 13.69 18.84 10
2010s 18.12 16.45 20.25 10
2020s 18.07 16.68 20.06 5

Countries ranked near Finland

  1. 9 Guyana 22.16 compare
  2. 10 Serbia 20.38 compare
  3. 11 Jordan 20.16 compare
  4. 13 Georgia 19.63 compare
  5. 14 Zambia 18.75 compare
  6. 15 Spain 18.65 compare

See the full ranking of 75 places →

More work & labour data for Finland

All data for Finland →

Frequently asked questions

What is lu4: composite rate of labour underutilization (previous ilo) in Finland?
Lu4: composite rate of labour underutilization (previous ilo) in Finland was 20.06 in 2024, according to International Labour Organization.
What is the highest lu4: composite rate of labour underutilization (previous ilo) recorded in Finland?
The highest recorded value was 20.25 in 2016.
What is the lowest lu4: composite rate of labour underutilization (previous ilo) recorded in Finland?
The lowest recorded value was 13.69 in 2008.
How does Finland rank for lu4: composite rate of labour underutilization (previous ilo)?
Finland ranks 12th out of 75 countries with data for 2024.
Is lu4: composite rate of labour underutilization (previous ilo) rising or falling in Finland?
Over the last ten years it is up 5.0%. The long-run trend across the full record is flat.
Where does this Finland data come from?
The figures come from International Labour Organization, published as part of LU4: Composite rate of labour underutilization (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.

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LU4: Composite rate of labour underutilization (previous ILO) in Finland. Statizoid, drawing on International Labour Organization. Retrieved 22 September 2026, from https://labour.statizoid.com/stat/lu4-composite-rate-of-labour-underutilization-previous-ilo-definition-icls13-15/finland/

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About this data

Indicator
LU4: Composite rate of labour underutilization (previous ILO definition - ICLS13) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
75 places, 1,249 data points, 1991–2025
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU4 represents the share of the extended labour force that are in unemployment, time-related underemployment or the potential labour force. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.