LU4: Composite rate of labour underutilization (previous ILO) in Serbia
Serbia: LU4: Composite rate of labour underutilization (previous ILO) was 20.38 in 2020. ▼ Falling
LU4: Composite rate of labour underutilization (previous ILO) in Serbia, 2008–2020
Source: International Labour Organization.
Analysis
The most recent figure for lu4: composite rate of labour underutilization (previous ilo) in Serbia is 20.38, measured in 2020. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 2.4% on the previous year and down 33.5% over ten years.
Over the whole period, lu4: composite rate of labour underutilization (previous ilo) in Serbia peaked at 34.41 in 2014 and was at its lowest, 20.38, in 2020.
Serbia ranks 10th of 75 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
LU4: Composite rate of labour underutilization (previous ILO) in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 22.49 | — |
| 2009 | 26.7 | +18.7% |
| 2010 | 30.68 | +14.9% |
| 2011 | 33.41 | +8.9% |
| 2012 | 34.35 | +2.8% |
| 2013 | 33.72 | -1.8% |
| 2014 | 34.41 | +2.0% |
| 2015 | 33.28 | -3.3% |
| 2016 | 30.07 | -9.6% |
| 2017 | 26.45 | -12.0% |
| 2018 | 23.4 | -11.5% |
| 2019 | 20.89 | -10.8% |
| 2020 | 20.38 | -2.4% |
Serbia compared with similar countries
- Serbia's 20.38 is above the median for upper middle income countries, which is 13.16, 1.5× the median. (23 countries reporting)
- Serbia's 20.38 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 |
|---|---|---|---|---|
| 2000s | 24.6 | 22.49 | 26.7 | 2 |
| 2010s | 30.07 | 20.89 | 34.41 | 10 |
| 2020s | 20.38 | 20.38 | 20.38 | 1 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7737 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7205 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8268 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.14 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1128 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,121 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,326 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,850 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,852 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,702 1000 No (2100)
Frequently asked questions
- What is lu4: composite rate of labour underutilization (previous ilo) in Serbia?
- Lu4: composite rate of labour underutilization (previous ilo) in Serbia was 20.38 in 2020, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization (previous ilo) recorded in Serbia?
- The highest recorded value was 34.41 in 2014.
- What is the lowest lu4: composite rate of labour underutilization (previous ilo) recorded in Serbia?
- The lowest recorded value was 20.38 in 2020.
- How does Serbia rank for lu4: composite rate of labour underutilization (previous ilo)?
- Serbia ranks 10th out of 75 countries with data for 2020.
- Is lu4: composite rate of labour underutilization (previous ilo) rising or falling in Serbia?
- Over the last ten years it is down 33.5%. The long-run trend across the full record is falling.
- Where does this Serbia 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.