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
LU4: Composite rate of labour underutilization (previous ILO) in Finland, 1999–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
More work & labour data for Finland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3571 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.35 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3641 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.59 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2994 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,282 1000 No (2050)
- Population - Est. & Proj. — Rural population 583.99 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,261 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,341 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 4,601 1000 No (2100)
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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About this data
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.