New Zealand vs Panama: LU4: Composite rate of labour underutilization (current ILO)
LU4: Composite rate of labour underutilization (current ILO) over time
- New Zealand
- Panama
How they compare
Panama currently reports 13.54 against 12.78 in New Zealand, a difference of 0.76.
That makes Panama's figure about 1.1 times New Zealand's.
Across all 5 years both countries report, Panama has been ahead every year.
New Zealand ranks 26th and Panama ranks 23rd of 56 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | New Zealand | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.72 | 14.05 | 3.34 | Panama |
| 2020s | 11.23 | 16.33 | 5.1 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lu4: composite rate of labour underutilization (current ilo), New Zealand or Panama?
- Panama, at 13.54 against 12.78 in New Zealand as of 2025.
- What is the difference in lu4: composite rate of labour underutilization (current ilo) between New Zealand and Panama?
- 0.76, with Panama ahead.
- How many years of comparable data are there for New Zealand and Panama?
- 5 years are reported by both, from 2019 to 2025.
- How do New Zealand and Panama rank globally for lu4: composite rate of labour underutilization (current ilo)?
- New Zealand ranks 26th 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.