Norway vs Panama: LU4: Composite measure of labour underutilization

Norway
328.77
in 2024
Panama
293.6
in 2025
Norway rank
47th
Panama rank
50th

LU4: Composite measure of labour underutilization over time

  • Norway
  • Panama
0100200300400200120132025

How they compare

Norway currently reports 328.77 against 293.6 in Panama, a difference of 35.17.

That makes Norway's figure about 1.1 times Panama's.

The two have swapped places 1 time across 16 shared years of data; in 2006 it was Norway ahead.

Norway ranks 47th and Panama ranks 50th of 79 countries.

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

Head to head by decade

Decade Norway Panama Difference Ahead
2000s 231.39 185.46 45.93 Norway
2010s 271.55 194.71 76.84 Norway
2020s 320.12 353.82 33.71 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher lu4: composite measure of labour underutilization, Norway or Panama?
Norway, at 328.77 against 293.6 in Panama as of 2024.
What is the difference in lu4: composite measure of labour underutilization between Norway and Panama?
35.17, with Norway ahead.
How many years of comparable data are there for Norway and Panama?
16 years are reported by both, from 2006 to 2024.
How do Norway and Panama rank globally for lu4: composite measure of labour underutilization?
Norway ranks 47th and Panama ranks 50th of 79 countries.
Where does this data come from?
International Labour Organization, published as LU4: Composite measure of labour underutilization. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Panama: LU4: Composite measure of labour underutilization. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/compare/lu4-composite-measure-of-labour-underutilization/norway/panama/

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About this data

Indicator
LU4: Composite measure of labour underutilization
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
166 places, 3,284 data points, 1991–2027
Last refreshed

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. LU4 represents the share of the extended labour force that are in unemployment, time-related underemployment or the potential labour force. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.