LU4: Composite rate of labour underutilization (previous ILO) in Guyana
Guyana: LU4: Composite rate of labour underutilization (previous ILO) was 22.16 in 2024. ▼ Falling
LU4: Composite rate of labour underutilization (previous ILO) in Guyana, 2018–2024
Source: International Labour Organization.
Analysis
The most recent figure for lu4: composite rate of labour underutilization (previous ilo) in Guyana is 22.16, measured in 2024. That is the lowest value across all 5 years on record.
The figure is down 28.3% on the previous year and down 36.7% over ten years.
Guyana ranks 9th of 75 countries on this measure, in the top quarter.
LU4: Composite rate of labour underutilization (previous ILO) in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 34.99 | — |
| 2019 | 30.2 | -13.7% |
| 2020 | 29.27 | -3.1% |
| 2021 | 30.93 | +5.7% |
| 2024 | 22.16 | -28.3% |
Guyana compared with similar countries
- Guyana's 22.16 is above the median for high income countries, which is 11.43, 1.9× the median. (42 countries reporting)
- Guyana's 22.16 is above the median for Latin America & Caribbean, which is 13.89, 1.6× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.59 | 30.2 | 34.99 | 2 |
| 2020s | 27.45 | 22.16 | 30.93 | 3 |
Countries ranked near Guyana
More work & labour data for Guyana
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4095 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3957 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4228 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9077 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9156 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 295.49 1000 No (2050)
- Population - Est. & Proj. — Rural population 526.41 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 455.78 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 433.17 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 888.95 1000 No (2100)
Frequently asked questions
- What is lu4: composite rate of labour underutilization (previous ilo) in Guyana?
- Lu4: composite rate of labour underutilization (previous ilo) in Guyana was 22.16 in 2024, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization (previous ilo) recorded in Guyana?
- The highest recorded value was 34.99 in 2018.
- What is the lowest lu4: composite rate of labour underutilization (previous ilo) recorded in Guyana?
- The lowest recorded value was 22.16 in 2024.
- How does Guyana rank for lu4: composite rate of labour underutilization (previous ilo)?
- Guyana ranks 9th out of 75 countries with data for 2024.
- Is lu4: composite rate of labour underutilization (previous ilo) rising or falling in Guyana?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is falling.
- Where does this Guyana 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.