Work & Labour in Europe and Central Asia: High income 28 indicators covering work & labour for Europe and Central Asia: High income. IndicatorLatest Year10-yr change Rank Labour force (ILO modelled estimates) 339,691 2027 up 0.6% 25th Labour force participation rate (ILO modelled estimates) 58.03 2027 down 1.6% 54th Persons outside the labour force (ILO modelled estimates) 245,710 2027 up 4.6% 23rd Employment-to-population ratio (ILO modelled estimates) 55.23 2027 up 0.7% 55th Persons outside the labour force (ILO modelled estimates) (15+) 1.08 % change on previous year 2027 up 850.6% 68th Labour force (ILO modelled estimates) (15+), annual growth rate -0.4391 % change on previous year 2027 down 245.4% 79th Employment 326,224 2025 up 6.2% 27th Employment (ILO modelled estimates) 326,224 2025 up 6.2% 27th Employment (ILO modelled estimates) (15+), annual growth rate -0.576 % change on previous year 2025 down 172.3% 83rd Employment (ILO modelled estimates), annual growth rate -0.576 % change on previous year 2025 down 172.3% 83rd Labour force participation rate (previous ILO definition - ICLS13) 58.03 2027 down 1.6% 54th NEET: Youth not in employment, education or training 8,481 2027 down 2.2% 44th NEET rate: Share of youth not in employment, education or training 10.91 2027 down 7.4% 77th Time-related underemployment rate (ILO modelled estimates) 2.94 2027 down 24.4% 71st Time-related underemployment (ILO modelled estimates) 9,523 2027 down 22.1% 37th Full-time equivalent employment (ILO modelled estimates) 269,838 2027 up 1.1% 32nd NEET: Youth not in employment, education or training (ILO modelled) 2.04 % change on previous year 2027 up 145.7% 32nd Time-related underemployment (ILO modelled estimates) (15+), annual -0.1557 % change on previous year 2027 up 96.6% 76th Potential labour force and willing non-jobseekers rate 5.5 2027 down 8.3% 53rd Potential labour force and willing non-jobseekers 19,816 2027 down 8.4% 33rd Employment 326,224 2025 up 6.2% 25th Potential labour force rate 2.8 2027 down 16.4% 65th Informal employment 22,033 2027 down 13.4% 48th Informal employment rate 6.82 2027 down 15.9% 77th Potential labour force rate 2.8 2027 down 16.4% 65th Potential labour force 9,771 2027 down 16.4% 37th Potential labour force and willing non-jobseekers rate 5.51 2027 down 8.5% 54th Potential labour force and willing non-jobseekers 19,816 2027 down 8.4% 33rd