Time-related underemployment (ILO modelled estimates) (15+), annual in Latin America and the Caribbean: High income
Latin America and the Caribbean: High income: Time-related underemployment (ILO modelled estimates) (15+), annual was 1.37 % change on previous year in 2027. ◆ Volatile
Time-related underemployment (ILO modelled estimates) (15+), annual in Latin America and the Caribbean: High income, 2006–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2027, time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean: High income stood at 1.37 % change on previous year.
The figure is down 10.5% on the previous year and up 37.1% over ten years.
Over the whole period, time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean: High income peaked at 6.53 % change on previous year in 2019 and was at its lowest, -13.84 % change on previous year, in 2021.
That places Latin America and the Caribbean: High income 29th out of 87 groups with data for 2027, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Time-related underemployment (ILO modelled estimates) (15+), annual in Latin America and the Caribbean: High income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -1.79 % change on previous year | — |
| 2007 | -0.0704 % change on previous year | -96.1% |
| 2008 | 1.92 % change on previous year | -2827.4% |
| 2009 | 5.82 % change on previous year | +203.4% |
| 2010 | -2.09 % change on previous year | -135.8% |
| 2011 | -2.64 % change on previous year | +26.4% |
| 2012 | 2.16 % change on previous year | -182.0% |
| 2013 | 1.54 % change on previous year | -28.8% |
| 2014 | -0.1297 % change on previous year | -108.4% |
| 2015 | -3.81 % change on previous year | +2838.5% |
| 2016 | 0.811 % change on previous year | -121.3% |
| 2017 | 1 % change on previous year | +23.4% |
| 2018 | 4.08 % change on previous year | +307.6% |
| 2019 | 6.53 % change on previous year | +60.1% |
| 2020 | -11.98 % change on previous year | -283.4% |
| 2021 | -13.84 % change on previous year | +15.5% |
| 2022 | -12.92 % change on previous year | -6.6% |
| 2023 | -5.95 % change on previous year | -54.0% |
| 2024 | 4.86 % change on previous year | -181.8% |
| 2025 | 1.25 % change on previous year | -74.3% |
| 2026 | 1.53 % change on previous year | +22.6% |
| 2027 | 1.37 % change on previous year | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.47 % change on previous year | -1.79 % change on previous year | 5.82 % change on previous year | 4 |
| 2010s | 0.7462 % change on previous year | -3.81 % change on previous year | 6.53 % change on previous year | 10 |
| 2020s | -4.46 % change on previous year | -13.84 % change on previous year | 4.86 % change on previous year | 8 |
Countries ranked near Latin America and the Caribbean: High income
- 26 Nigeria 3.08 % change on previous year compare
- 27 Tanzania, United Republic of 3.08 % change on previous year compare
- 28 Gambia 3.08 % change on previous year compare
- 29 Benin 3.06 % change on previous year compare
- 30 Botswana 3.06 % change on previous year compare
- 31 Côte d'Ivoire 2.99 % change on previous year compare
- 32 Eritrea 2.94 % change on previous year compare
More work & labour data for Latin America and the Caribbean: High income
- Labour force (ILO modelled estimates) 19,892 (2027)
- Labour force participation rate (ILO modelled estimates) 60.43 (2027)
- Persons outside the labour force (ILO modelled estimates) 13,027 (2027)
- Unemployment rate (ILO modelled estimates) 8.14 (2027)
- Labour dependency ratio 1.17 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 76,690 (2027)
- Output per worker, GDP constant 2015 US $ 40,488 (2027)
- Employment-to-population ratio (ILO modelled estimates) 55.51 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.8477 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.8323 % change on previous year (2027)
Frequently asked questions
- What is time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean: High income?
- Time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean: High income was 1.37 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest time-related underemployment (ilo modelled estimates) (15+), annual recorded in Latin America and the Caribbean: High income?
- The highest recorded value was 6.53 % change on previous year in 2019.
- What is the lowest time-related underemployment (ilo modelled estimates) (15+), annual recorded in Latin America and the Caribbean: High income?
- The lowest recorded value was -13.84 % change on previous year in 2021.
- How does Latin America and the Caribbean: High income rank for time-related underemployment (ilo modelled estimates) (15+), annual?
- Latin America and the Caribbean: High income ranks 29th out of 87 groups with data for 2027.
- Is time-related underemployment (ilo modelled estimates) (15+), annual rising or falling in Latin America and the Caribbean: High income?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is volatile.
- Where does this Latin America and the Caribbean: High income data come from?
- The figures come from Statizoid (derived), published as part of Time-related underemployment (ILO modelled estimates) (15+), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Time-related underemployment (ILO modelled estimates) (15+). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Time-related underemployment (ILO modelled estimates) International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Time-related underemployment (ILO modelled estimates) (15+). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.