Time-related underemployment (current ILO definition - ICLS19) in Panama

Panama: Time-related underemployment (current ILO definition - ICLS19) was 94.35 in 2025. ▲ Rising

Latest (2025)
94.35
Change on year
down 40.0%
World rank
32nd
of 59 countries
All-time high
186.93
in 2021
All-time low
79.43
in 2014
Years of data
10
2014–2025

Time-related underemployment (current ILO definition - ICLS19) in Panama, 2014–2025

0501001502002014201920252014: 79.42015: 82.62016: 81.12017: 91.42018: 1202019: 145.42021: 186.92023: 1442024: 157.22025: 94.3

Source: International Labour Organization.

Analysis

The most recent figure for time-related underemployment (current ilo definition - icls19) in Panama is 94.35, measured in 2025.

Compared with earlier readings it is down 40.0% on the previous year and up 14.3% over ten years.

Over the whole period, time-related underemployment (current ilo definition - icls19) in Panama peaked at 186.93 in 2021 and was at its lowest, 79.43, in 2014.

Panama ranks 32nd of 59 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 10 years of available data.

Time-related underemployment (current ILO definition - ICLS19) in Panama, year by year

Annual values for Time-related underemployment (current ILO definition - ICLS19) (15+) in Panama, 2014 to 2025.
Year Value Change
2014 79.43
2015 82.57 +4.0%
2016 81.07 -1.8%
2017 91.43 +12.8%
2018 120 +31.3%
2019 145.37 +21.1%
2021 186.93 +28.6%
2023 144.03 -22.9%
2024 157.22 +9.2%
2025 94.35 -40.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 99.98 79.43 145.37 6
2020s 145.63 94.35 186.93 4

Countries ranked near Panama

  1. 29 Austria 127.04 compare
  2. 30 Angola 115.86 compare
  3. 31 Norway 107.25 compare
  4. 33 Romania 81.54 compare
  5. 34 El Salvador 81.45 compare
  6. 35 Costa Rica 59.84 compare

See the full ranking of 59 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is time-related underemployment (current ilo definition - icls19) in Panama?
Time-related underemployment (current ilo definition - icls19) in Panama was 94.35 in 2025, according to International Labour Organization.
What is the highest time-related underemployment (current ilo definition - icls19) recorded in Panama?
The highest recorded value was 186.93 in 2021.
What is the lowest time-related underemployment (current ilo definition - icls19) recorded in Panama?
The lowest recorded value was 79.43 in 2014.
How does Panama rank for time-related underemployment (current ilo definition - icls19)?
Panama ranks 32nd out of 59 countries with data for 2025.
Is time-related underemployment (current ilo definition - icls19) rising or falling in Panama?
Over the last ten years it is up 14.3%. 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 Time-related underemployment (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.

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Time-related underemployment (current ILO definition - ICLS19) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 01 September 2026, from https://labour.statizoid.com/stat/time-related-underemployment-current-ilo-definition-icls19-15/panama/

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About this data

Indicator
Time-related underemployment (current ILO definition - ICLS19) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
59 places, 586 data points, 2014–2025
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 includes only countries for which the 19th ICLS definitions are applied. Persons in time-related underemployment comprise all persons in employment, who satisfy the following three criteria during the reference period: a) are willing to work additional hours; b) are available to work additional hours i.e., are ready, within a specified subsequent period, to work additional hours, given opportunities for additional work; and c) worked less than a threshold relating to working time i.e., persons whose hours actually worked in all jobs during the reference period were below a threshold, to be chosen according to national circumstances. For details, refer to the Resolution concerning the measurement of underemployment and inadequate employment situations. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.