Northern Europe vs Panama: LU2: Combined rate of time-related underemployment and unemployment

Northern Europe
10.12
in 2027
Panama
15.84
in 2027
Northern Europe rank
44th
Panama rank
43rd

LU2: Combined rate of time-related underemployment and unemployment over time

  • Northern Europe
  • Panama
0510152025200520162027

How they compare

Panama currently reports 15.84 against 10.12 in Northern Europe, a difference of 5.72.

That makes Panama's figure about 1.6 times Northern Europe's.

The two have swapped places 2 times across 23 shared years of data; in 2005 it was Panama ahead.

Northern Europe ranks 44th and Panama ranks 43rd of 87 groups.

Across the 3 decades both report, Northern Europe averaged higher in 1 and Panama in 2.

Head to head by decade

Decade Northern Europe Panama Difference Ahead
2000s 10.25 11.32 1.06 Panama
2010s 12.08 10.04 2.04 Northern Europe
2020s 9.85 17.11 7.26 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lu2: combined rate of time-related underemployment and unemployment, Northern Europe or Panama?
Panama, at 15.84 against 10.12 in Northern Europe as of 2027.
What is the difference in lu2: combined rate of time-related underemployment and unemployment between Northern Europe and Panama?
5.72, with Panama ahead.
How many years of comparable data are there for Northern Europe and Panama?
23 years are reported by both, from 2005 to 2027.
How do Northern Europe and Panama rank globally for lu2: combined rate of time-related underemployment and unemployment?
Northern Europe ranks 44th and Panama ranks 43rd of 87 groups.
Where does this data come from?
International Labour Organization, published as LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Northern Europe vs Panama: LU2: Combined rate of time-related underemployment and unemployment. Statizoid, drawing on International Labour Organization. Retrieved 27 September 2026, from https://labour.statizoid.com/compare/lu2-combined-rate-of-time-related-underemployment-and-unemployment-ilo-modelled-estimates-2/northern-europe/panama/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 6,324 data points, 2005–2027
Last refreshed

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. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.