LU4: Composite measure of labour underutilization in Panama
Panama: LU4: Composite measure of labour underutilization was 293.6 in 2025. ▲ Rising
LU4: Composite measure of labour underutilization in Panama, 2006–2025
Source: International Labour Organization.
Analysis
Panama recorded 293.6 for lu4: composite measure of labour underutilization in 2025.
The figure is down 17.9% on the previous year and up 69.5% over ten years.
Over the whole period, lu4: composite measure of labour underutilization in Panama peaked at 406.06 in 2021 and was at its lowest, 151.07, in 2011.
Panama ranks 50th of 79 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
LU4: Composite measure of labour underutilization in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 221.73 | — |
| 2007 | 175.91 | -20.7% |
| 2008 | 163.49 | -7.1% |
| 2009 | 180.72 | +10.5% |
| 2010 | 185.85 | +2.8% |
| 2011 | 151.07 | -18.7% |
| 2013 | 162.31 | +7.4% |
| 2014 | 164.83 | +1.6% |
| 2015 | 173.22 | +5.1% |
| 2016 | 182.23 | +5.2% |
| 2017 | 206 | +13.0% |
| 2018 | 236.65 | +14.9% |
| 2019 | 290.19 | +22.6% |
| 2021 | 406.06 | +39.9% |
| 2023 | 297.93 | -26.6% |
| 2024 | 357.47 | +20.0% |
| 2025 | 293.6 | -17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 185.46 | 163.49 | 221.73 | 4 |
| 2010s | 194.71 | 151.07 | 290.19 | 9 |
| 2020s | 338.77 | 293.6 | 406.06 | 4 |
Countries ranked near Panama
- 47 Norway 328.77 compare
- 48 Palestine, State of 325.83 compare
- 49 Hungary 321.59 compare
- 51 Belarus 237.72 compare
- 52 El Salvador 222.44 compare
- 53 Bosnia and Herzegovina 220.13 compare
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is lu4: composite measure of labour underutilization in Panama?
- Lu4: composite measure of labour underutilization in Panama was 293.6 in 2025, according to International Labour Organization.
- What is the highest lu4: composite measure of labour underutilization recorded in Panama?
- The highest recorded value was 406.06 in 2021.
- What is the lowest lu4: composite measure of labour underutilization recorded in Panama?
- The lowest recorded value was 151.07 in 2011.
- How does Panama rank for lu4: composite measure of labour underutilization?
- Panama ranks 50th out of 79 countries with data for 2025.
- Is lu4: composite measure of labour underutilization rising or falling in Panama?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from International Labour Organization, published as part of LU4: Composite measure of labour underutilization. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under ILO Terms of Use (attribution required).
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 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.