Work & Labour in Europe and Central Asia: Lower-middle income 28 indicators covering work & labour for Europe and Central Asia: Lower-middle income. IndicatorLatest Year10-yr change Rank Labour force (ILO modelled estimates) 20,697 2027 up 18.6% 74th Labour force participation rate (ILO modelled estimates) 53.49 2027 up 0.2% 73rd Persons outside the labour force (ILO modelled estimates) 17,996 2027 up 18.2% 75th Employment-to-population ratio (ILO modelled estimates) 50.82 2027 up 1.0% 73rd Persons outside the labour force (ILO modelled estimates) (15+) 2.25 % change on previous year 2027 down 14.8% 20th Labour force (ILO modelled estimates) (15+), annual growth rate 1.35 % change on previous year 2027 up 79.2% 29th Employment 19,176 2025 up 18.7% 76th Employment (ILO modelled estimates) 19,176 2025 up 18.7% 76th Employment (ILO modelled estimates) (15+), annual growth rate 1.37 % change on previous year 2025 down 24.1% 33rd Employment (ILO modelled estimates), annual growth rate 1.37 % change on previous year 2025 down 24.1% 33rd Labour force participation rate (previous ILO definition - ICLS13) 53.49 2027 up 0.2% 73rd NEET: Youth not in employment, education or training 1,792 2027 down 14.8% 70th NEET rate: Share of youth not in employment, education or training 20.41 2027 down 18.0% 32nd Time-related underemployment rate (ILO modelled estimates) 2.44 2027 down 26.5% 75th Time-related underemployment (ILO modelled estimates) 480.7 2027 down 12.1% 80th Full-time equivalent employment (ILO modelled estimates) 19,948 2027 up 21.0% 74th NEET: Youth not in employment, education or training (ILO modelled) 2.88 % change on previous year 2027 up 207.5% 12th Time-related underemployment (ILO modelled estimates) (15+), annual 1.25 % change on previous year 2027 up 121.2% 38th Potential labour force and willing non-jobseekers rate 5.2 2027 down 18.8% 58th Potential labour force and willing non-jobseekers 1,146 2027 down 4.6% 82nd Employment 19,176 2025 up 18.7% 74th Potential labour force rate 1.96 2027 down 4.9% 73rd Informal employment 9,925 2027 up 17.1% 67th Informal employment rate 50.48 2027 down 2.1% 44th Potential labour force rate 1.96 2027 down 4.9% 73rd Potential labour force 414.27 2027 up 12.7% 82nd Potential labour force and willing non-jobseekers rate 5.25 2027 down 18.6% 58th Potential labour force and willing non-jobseekers 1,146 2027 down 4.6% 82nd