Potential labour force rate in APEC
APEC: Potential labour force rate was 2.81 in 2027. ▼ Falling
Potential labour force rate in APEC, 2004–2027
Source: International Labour Organization.
Analysis
APEC recorded 2.81 for potential labour force rate in 2027.
That represents a change of down 0.1% on the previous year and down 11.1% over ten years.
Over the whole period, potential labour force rate in APEC peaked at 4.04 in 2004 and was at its lowest, 2.79, in 2023.
That places APEC 64th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Potential labour force rate in APEC, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 4.04 | — |
| 2005 | 3.96 | -1.9% |
| 2006 | 3.82 | -3.4% |
| 2007 | 3.66 | -4.3% |
| 2008 | 3.65 | -0.2% |
| 2009 | 3.72 | +1.9% |
| 2010 | 3.62 | -2.9% |
| 2011 | 3.47 | -4.1% |
| 2012 | 3.39 | -2.3% |
| 2013 | 3.38 | -0.3% |
| 2014 | 3.32 | -1.8% |
| 2015 | 3.27 | -1.4% |
| 2016 | 3.23 | -1.1% |
| 2017 | 3.16 | -2.1% |
| 2018 | 3.1 | -2.2% |
| 2019 | 2.91 | -5.9% |
| 2020 | 3.61 | +24.0% |
| 2021 | 3.23 | -10.5% |
| 2022 | 2.95 | -8.6% |
| 2023 | 2.79 | -5.5% |
| 2024 | 2.83 | +1.2% |
| 2025 | 2.81 | -0.5% |
| 2026 | 2.82 | +0.2% |
| 2027 | 2.81 | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.81 | 3.65 | 4.04 | 6 |
| 2010s | 3.28 | 2.91 | 3.62 | 10 |
| 2020s | 2.98 | 2.79 | 3.61 | 8 |
More work & labour data for APEC
- Labour force (ILO modelled estimates) 1.60 million (2027)
- Labour force participation rate (ILO modelled estimates) 63.86 (2027)
- Persons outside the labour force (ILO modelled estimates) 906,140 (2027)
- Unemployment rate (ILO modelled estimates) 3.87 (2027)
- Output per worker, GDP constant 2015 US $ 41,946 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 67,067 (2027)
- Employment-to-population ratio (ILO modelled estimates) 61.39 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.54 % change on previous year (2027)
- Labour dependency ratio 0.953 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.2228 % change on previous year (2027)
Frequently asked questions
- What is potential labour force rate in APEC?
- Potential labour force rate in APEC was 2.81 in 2027, according to International Labour Organization.
- What is the highest potential labour force rate recorded in APEC?
- The highest recorded value was 4.04 in 2004.
- What is the lowest potential labour force rate recorded in APEC?
- The lowest recorded value was 2.79 in 2023.
- How does APEC rank for potential labour force rate?
- APEC ranks 64th out of 87 groups with data for 2027.
- Is potential labour force rate rising or falling in APEC?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
- Where does this APEC data come from?
- The figures come from International Labour Organization, published as part of Potential labour force rate (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. The potential labour force rate is the potential labour force as a percent of the extended labour force. The potential labour force refers to persons not in employment who express an interest in this form of work but for whom existing conditions limit their active job search and/or their availability. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.