Time-related underemployment (ILO modelled estimates) (15+) … square in Venezuela
Venezuela: Time-related underemployment (ILO modelled estimates) (15+) … square was 0.0008 units per square kilometre in 2023. ▼ Falling
Time-related underemployment (ILO modelled estimates) (15+), per in Venezuela, 2005–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2023, time-related underemployment (ilo modelled estimates) (15+), per in Venezuela stood at 0.0008 units per square kilometre. That is the lowest value across all 19 years on record.
That represents a change of down 1.5% on the previous year and down 26.7% over ten years.
Over the whole period, time-related underemployment (ilo modelled estimates) (15+), per in Venezuela peaked at 0.0011 units per square kilometre in 2016 and was at its lowest, 0.0008 units per square kilometre, in 2023.
Venezuela ranks 110th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Time-related underemployment (ILO modelled estimates) (15+) … square in Venezuela, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 2005 | 0.001 units per square kilometre | — |
| 2006 | 0.001 units per square kilometre | +0.3% |
| 2007 | 0.001 units per square kilometre | -0.8% |
| 2008 | 0.001 units per square kilometre | +0.9% |
| 2009 | 0.001 units per square kilometre | +5.1% |
| 2010 | 0.001 units per square kilometre | +0.3% |
| 2011 | 0.001 units per square kilometre | -0.3% |
| 2012 | 0.001 units per square kilometre | +0.6% |
| 2013 | 0.001 units per square kilometre | +0.7% |
| 2014 | 0.001 units per square kilometre | +0.5% |
| 2015 | 0.0011 units per square kilometre | +0.5% |
| 2016 | 0.0011 units per square kilometre | +0.7% |
| 2017 | 0.001 units per square kilometre | -3.5% |
| 2018 | 0.001 units per square kilometre | -5.1% |
| 2019 | 0.0009 units per square kilometre | -8.9% |
| 2020 | 0.0008 units per square kilometre | -6.8% |
| 2021 | 0.0008 units per square kilometre | -4.4% |
| 2022 | 0.0008 units per square kilometre | -1.5% |
| 2023 | 0.0008 units per square kilometre | -1.5% |
Venezuela compared with similar countries
- Venezuela's 0.0008 units per square kilometre is below the median for lower middle income countries, which is 0.0009 units per square kilometre, 80% of the median. (46 countries reporting)
- Venezuela's 0.0008 units per square kilometre is below the median for Latin America & Caribbean, which is 0.0022 units per square kilometre, 35% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.001 units per square kilometre | 0.001 units per square kilometre | 0.001 units per square kilometre | 5 |
| 2010s | 0.001 units per square kilometre | 0.0009 units per square kilometre | 0.0011 units per square kilometre | 10 |
| 2020s | 0.0008 units per square kilometre | 0.0008 units per square kilometre | 0.0008 units per square kilometre | 4 |
Countries ranked near Venezuela
- 107 Vanuatu 0.0008 units per square kilometre compare
- 108 Malaysia 0.0008 units per square kilometre compare
- 109 Uruguay 0.0008 units per square kilometre compare
- 111 Croatia 0.0008 units per square kilometre compare
- 112 Chile 0.0007 units per square kilometre compare
- 113 Zimbabwe 0.0007 units per square kilometre compare
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Unemployment rate (ILO modelled estimates) 5.73 (2027)
- Labour dependency ratio 1.69 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,625 (2027)
- Output per worker, GDP constant 2015 US $ 10,899 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
Frequently asked questions
- What is time-related underemployment (ilo modelled estimates) (15+), per in Venezuela?
- Time-related underemployment (ilo modelled estimates) (15+), per in Venezuela was 0.0008 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest time-related underemployment (ilo modelled estimates) (15+), per recorded in Venezuela?
- The highest recorded value was 0.0011 units per square kilometre in 2016.
- What is the lowest time-related underemployment (ilo modelled estimates) (15+), per recorded in Venezuela?
- The lowest recorded value was 0.0008 units per square kilometre in 2023.
- How does Venezuela rank for time-related underemployment (ilo modelled estimates) (15+), per?
- Venezuela ranks 110th out of 186 countries with data for 2023.
- Is time-related underemployment (ilo modelled estimates) (15+), per rising or falling in Venezuela?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Time-related underemployment (ILO modelled estimates) (15+), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Time-related underemployment (ILO modelled estimates) (15+) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Time-related underemployment (ILO modelled estimates) (15+) ÷ Land area (sq. km)
Computed from
- Time-related underemployment (ILO modelled estimates) International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Time-related underemployment (ILO modelled estimates) (15+) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.