Time-related underemployment (ILO modelled estimates) (15+), annual in Latin America and the Caribbean
Latin America and the Caribbean: Time-related underemployment (ILO modelled estimates) (15+), annual was 1.02 % change on previous year in 2027. ◆ Volatile
Time-related underemployment (ILO modelled estimates) (15+), annual in Latin America and the Caribbean, 2006–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean is 1.02 % change on previous year, measured in 2027.
Compared with earlier readings it is down 6.0% on the previous year and down 86.0% over ten years.
Over the whole period, time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean peaked at 7.25 % change on previous year in 2017 and was at its lowest, -8.85 % change on previous year, in 2022.
Latin America and the Caribbean ranks 50th of 87 groups on this measure, 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, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -2.2 % change on previous year | — |
| 2007 | -1.54 % change on previous year | -30.0% |
| 2008 | -1.9 % change on previous year | +23.8% |
| 2009 | 7.18 % change on previous year | -477.0% |
| 2010 | 0.2037 % change on previous year | -97.2% |
| 2011 | -1.4 % change on previous year | -786.5% |
| 2012 | 4.64 % change on previous year | -432.2% |
| 2013 | -4.62 % change on previous year | -199.6% |
| 2014 | -1.66 % change on previous year | -64.2% |
| 2015 | 3.66 % change on previous year | -320.7% |
| 2016 | 3.63 % change on previous year | -0.7% |
| 2017 | 7.25 % change on previous year | +99.6% |
| 2018 | 4.89 % change on previous year | -32.5% |
| 2019 | 4.96 % change on previous year | +1.3% |
| 2020 | 0.7525 % change on previous year | -84.8% |
| 2021 | 2.1 % change on previous year | +179.3% |
| 2022 | -8.85 % change on previous year | -521.1% |
| 2023 | -6.86 % change on previous year | -22.5% |
| 2024 | 0.064 % change on previous year | -100.9% |
| 2025 | 1.1 % change on previous year | +1620.8% |
| 2026 | 1.08 % change on previous year | -1.8% |
| 2027 | 1.02 % change on previous year | -6.0% |
Biggest year-on-year movements
Years where Time-related underemployment (ILO modelled estimates) (15+), annual in Latin America and the Caribbean changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2025 | +1620.8% | 0.064 % change on previous year | 1.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3848 % change on previous year | -2.2 % change on previous year | 7.18 % change on previous year | 4 |
| 2010s | 2.16 % change on previous year | -4.62 % change on previous year | 7.25 % change on previous year | 10 |
| 2020s | -1.2 % change on previous year | -8.85 % change on previous year | 2.1 % change on previous year | 8 |
Countries ranked near Latin America and the Caribbean
- 47 Liberia 2.5 % change on previous year compare
- 48 Mali 2.5 % change on previous year compare
- 49 Cameroon 2.47 % change on previous year compare
- 50 Laos 2.43 % change on previous year compare
- 51 Guinea 2.42 % change on previous year compare
- 52 Vanuatu 2.4 % change on previous year compare
- 53 Sierra Leone 2.33 % change on previous year compare
More work & labour data for Latin America and the Caribbean
- Labour force (ILO modelled estimates) 331,299 (2027)
- Labour force participation rate (ILO modelled estimates) 62.53 (2027)
- Persons outside the labour force (ILO modelled estimates) 198,545 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.34 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9209 % change on previous year (2027)
- Output per worker, GDP constant 2021 international $ at PPP 44,022 (2027)
- Unemployment rate (ILO modelled estimates) 5.1 (2027)
- Labour dependency ratio 1.15 (2027)
- Employment-to-population ratio (ILO modelled estimates) 59.34 (2027)
- Output per worker, GDP constant 2015 US $ 20,218 (2027)
Frequently asked questions
- What is time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean?
- Time-related underemployment (ilo modelled estimates) (15+), annual in Latin America and the Caribbean was 1.02 % 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?
- The highest recorded value was 7.25 % change on previous year in 2017.
- What is the lowest time-related underemployment (ilo modelled estimates) (15+), annual recorded in Latin America and the Caribbean?
- The lowest recorded value was -8.85 % change on previous year in 2022.
- How does Latin America and the Caribbean rank for time-related underemployment (ilo modelled estimates) (15+), annual?
- Latin America and the Caribbean ranks 50th 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?
- Over the last ten years it is down 86.0%. The long-run trend across the full record is volatile.
- Where does this Latin America and the Caribbean 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.