Australia vs Panama: LU4: Composite rate of labour underutilization (current ILO)
LU4: Composite rate of labour underutilization (current ILO) over time
- Australia
- Panama
How they compare
Australia currently reports 13.68 against 13.54 in Panama, a difference of 0.14.
The two have swapped places 1 time across 7 shared years of data; in 2014 it was Australia ahead.
Australia ranks 20th and Panama ranks 23rd of 56 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Australia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 16.33 | 10.88 | 5.44 | Australia |
| 2020s | 13.68 | 20.69 | 7.02 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lu4: composite rate of labour underutilization (current ilo), Australia or Panama?
- Australia, at 13.68 against 13.54 in Panama as of 2021.
- What is the difference in lu4: composite rate of labour underutilization (current ilo) between Australia and Panama?
- 0.14, with Australia ahead.
- How many years of comparable data are there for Australia and Panama?
- 7 years are reported by both, from 2014 to 2021.
- How do Australia and Panama rank globally for lu4: composite rate of labour underutilization (current ilo)?
- Australia ranks 20th and Panama ranks 23rd of 56 countries.
- Where does this data come from?
- International Labour Organization, published as LU4: Composite rate of labour underutilization (current ILO definition - ICLS19) (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 includes only countries for which the 19th ICLS definitions are applied. 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 Work Statistics -- 19th ICLS (WORK) database description.