Potential labour force rate in Northern, Southern and Western Europe: High income
Northern, Southern and Western Europe: High income: Potential labour force rate was 3.58 in 2027. ▼ Falling
Potential labour force rate in Northern, Southern and Western Europe: High income, 2004–2027
Source: International Labour Organization.
Analysis
Northern, Southern and Western Europe: High income recorded 3.58 for potential labour force rate in 2027.
That represents a change of down 0.4% on the previous year and down 12.3% over ten years.
Over the whole period, potential labour force rate in Northern, Southern and Western Europe: High income peaked at 4.68 in 2020 and was at its lowest, 3.54, in 2023.
Northern, Southern and Western Europe: High income ranks 51st of 87 groups on this measure, 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 Northern, Southern and Western Europe: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 3.83 | — |
| 2005 | 3.94 | +2.8% |
| 2006 | 3.86 | -2.0% |
| 2007 | 3.84 | -0.5% |
| 2008 | 3.82 | -0.6% |
| 2009 | 3.93 | +2.9% |
| 2010 | 4.04 | +2.8% |
| 2011 | 4.14 | +2.4% |
| 2012 | 4.25 | +2.7% |
| 2013 | 4.33 | +2.0% |
| 2014 | 4.54 | +4.7% |
| 2015 | 4.46 | -1.6% |
| 2016 | 4.34 | -2.8% |
| 2017 | 4.08 | -6.0% |
| 2018 | 3.9 | -4.5% |
| 2019 | 3.73 | -4.2% |
| 2020 | 4.68 | +25.3% |
| 2021 | 4.32 | -7.6% |
| 2022 | 3.73 | -13.7% |
| 2023 | 3.54 | -5.2% |
| 2024 | 3.55 | +0.5% |
| 2025 | 3.6 | +1.4% |
| 2026 | 3.59 | -0.2% |
| 2027 | 3.58 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.87 | 3.82 | 3.94 | 6 |
| 2010s | 4.18 | 3.73 | 4.54 | 10 |
| 2020s | 3.82 | 3.54 | 4.68 | 8 |
More work & labour data for Northern, Southern and Western Europe: High income
- Labour force (ILO modelled estimates) 219,640 (2027)
- Labour force participation rate (ILO modelled estimates) 57.55 (2027)
- Persons outside the labour force (ILO modelled estimates) 162,007 (2027)
- Unemployment rate (ILO modelled estimates) 5.98 (2027)
- Labour dependency ratio 1.15 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 128,607 (2027)
- Output per worker, GDP constant 2015 US $ 94,484 (2027)
- Employment-to-population ratio (ILO modelled estimates) 54.11 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.3304 % change on previous year (2027)
All data for Northern, Southern and Western Europe: High income →
Frequently asked questions
- What is potential labour force rate in Northern, Southern and Western Europe: High income?
- Potential labour force rate in Northern, Southern and Western Europe: High income was 3.58 in 2027, according to International Labour Organization.
- What is the highest potential labour force rate recorded in Northern, Southern and Western Europe: High income?
- The highest recorded value was 4.68 in 2020.
- What is the lowest potential labour force rate recorded in Northern, Southern and Western Europe: High income?
- The lowest recorded value was 3.54 in 2023.
- How does Northern, Southern and Western Europe: High income rank for potential labour force rate?
- Northern, Southern and Western Europe: High income ranks 51st out of 87 groups with data for 2027.
- Is potential labour force rate rising or falling in Northern, Southern and Western Europe: High income?
- Over the last ten years it is down 12.3%. The long-run trend across the full record is falling.
- Where does this Northern, Southern and Western Europe: High income data come from?
- The figures come from International Labour Organization, published as part of Potential labour force rate. 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
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. 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. This group is used to calculate alternative measures of labour underutilization. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.