LU4: Composite rate of labour underutilization (previous ILO) in Sri Lanka
Sri Lanka: LU4: Composite rate of labour underutilization (previous ILO) was 7.6 in 2024. ▲ Rising
LU4: Composite rate of labour underutilization (previous ILO) in Sri Lanka, 2010–2024
Source: International Labour Organization.
Analysis
Sri Lanka recorded 7.6 for lu4: composite rate of labour underutilization (previous ilo) in 2024.
Compared with earlier readings it is down 24.5% on the previous year and up 20.9% over ten years.
Over the whole period, lu4: composite rate of labour underutilization (previous ilo) in Sri Lanka peaked at 10.07 in 2023 and was at its lowest, 6.29, in 2014.
That places Sri Lanka 58th out of 75 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
LU4: Composite rate of labour underutilization (previous ILO) in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 8.01 | — |
| 2011 | 6.91 | -13.8% |
| 2013 | 6.83 | -1.2% |
| 2014 | 6.29 | -7.9% |
| 2015 | 7.23 | +15.0% |
| 2016 | 7.94 | +9.9% |
| 2017 | 8.47 | +6.7% |
| 2018 | 8.45 | -0.3% |
| 2019 | 8.7 | +3.0% |
| 2020 | 9.9 | +13.7% |
| 2021 | 9.23 | -6.8% |
| 2022 | 8.63 | -6.5% |
| 2023 | 10.07 | +16.7% |
| 2024 | 7.6 | -24.5% |
Sri Lanka compared with similar countries
- Sri Lanka's 7.6 is below the median for upper middle income countries, which is 13.16, 58% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.65 | 6.29 | 8.7 | 9 |
| 2020s | 9.08 | 7.6 | 10.07 | 5 |
Countries ranked near Sri Lanka
More work & labour data for Sri Lanka
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5555 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5407 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5702 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.3 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.6 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,575 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,218 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 10,672 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 10,578 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 21,249 1000 No (2100)
Frequently asked questions
- What is lu4: composite rate of labour underutilization (previous ilo) in Sri Lanka?
- Lu4: composite rate of labour underutilization (previous ilo) in Sri Lanka was 7.6 in 2024, according to International Labour Organization.
- What is the highest lu4: composite rate of labour underutilization (previous ilo) recorded in Sri Lanka?
- The highest recorded value was 10.07 in 2023.
- What is the lowest lu4: composite rate of labour underutilization (previous ilo) recorded in Sri Lanka?
- The lowest recorded value was 6.29 in 2014.
- How does Sri Lanka rank for lu4: composite rate of labour underutilization (previous ilo)?
- Sri Lanka ranks 58th out of 75 countries with data for 2024.
- Is lu4: composite rate of labour underutilization (previous ilo) rising or falling in Sri Lanka?
- Over the last ten years it is up 20.9%. The long-run trend across the full record is rising.
- Where does this Sri Lanka 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.