Time-related underemployment (ILO modelled estimates) in Panama

Panama: Time-related underemployment (ILO modelled estimates) was 178.79 in 2027. ▲ Rising

Latest (2027)
178.79
Change on year
up 1.3%
World rank
84th
of 188 countries
All-time high
196.5
in 2021
All-time low
80.76
in 2011
Years of data
23
2005–2027

Time-related underemployment (ILO modelled estimates) in Panama, 2005–2027

0501001502002005201620272005: 82.52006: 82.62007: 84.92008: 89.82009: 88.12010: 92.72011: 80.82012: 89.12013: 96.22014: 83.22015: 86.62016: 86.52017: 97.32018: 128.12019: 153.92020: 178.32021: 196.52022: 1802023: 153.52024: 171.52025: 1742026: 176.42027: 178.8

Source: International Labour Organization.

Analysis

Panama recorded 178.79 for time-related underemployment (ilo modelled estimates) in 2027.

Compared with earlier readings it is up 1.3% on the previous year and up 83.7% over ten years.

Over the whole period, time-related underemployment (ilo modelled estimates) in Panama peaked at 196.5 in 2021 and was at its lowest, 80.76, in 2011.

Panama ranks 84th of 188 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Time-related underemployment (ILO modelled estimates) in Panama, year by year

Annual values for Time-related underemployment (ILO modelled estimates) (15+) in Panama, 2005 to 2027.
Year Value Change
2005 82.52
2006 82.56 +0.1%
2007 84.88 +2.8%
2008 89.76 +5.8%
2009 88.05 -1.9%
2010 92.68 +5.3%
2011 80.76 -12.9%
2012 89.14 +10.4%
2013 96.21 +7.9%
2014 83.2 -13.5%
2015 86.6 +4.1%
2016 86.47 -0.1%
2017 97.34 +12.6%
2018 128.06 +31.6%
2019 153.87 +20.2%
2020 178.28 +15.9%
2021 196.5 +10.2%
2022 180.04 -8.4%
2023 153.5 -14.7%
2024 171.53 +11.7%
2025 174.01 +1.4%
2026 176.44 +1.4%
2027 178.79 +1.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 85.55 82.52 89.76 5
2010s 99.43 80.76 153.87 10
2020s 176.14 153.5 196.5 8

Countries ranked near Panama

  1. 81 Sri Lanka 207.57 compare
  2. 82 Mali 205.48 compare
  3. 83 Libya 180.76 compare
  4. 85 Kazakhstan 173.31 compare
  5. 86 Thailand 173.3 compare
  6. 87 Central African Republic 168.49 compare

See the full ranking of 276 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is time-related underemployment (ilo modelled estimates) in Panama?
Time-related underemployment (ilo modelled estimates) in Panama was 178.79 in 2027, according to International Labour Organization.
What is the highest time-related underemployment (ilo modelled estimates) recorded in Panama?
The highest recorded value was 196.5 in 2021.
What is the lowest time-related underemployment (ilo modelled estimates) recorded in Panama?
The lowest recorded value was 80.76 in 2011.
How does Panama rank for time-related underemployment (ilo modelled estimates)?
Panama ranks 84th out of 188 countries with data for 2027.
Is time-related underemployment (ilo modelled estimates) rising or falling in Panama?
Over the last ten years it is up 83.7%. 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 (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.

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Time-related underemployment (ILO modelled estimates) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 25 August 2026, from https://labour.statizoid.com/stat/time-related-underemployment-ilo-modelled-estimates-15/panama/

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About this data

Indicator
Time-related underemployment (ILO modelled estimates) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 6,324 data points, 2005–2027
Last refreshed

Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. 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 ILO Modelled Estimates (ILOEST) database description.