Time-related underemployment (ILO modelled estimates) in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Time-related underemployment (ILO modelled estimates) was 712.03 in 2027. ▼ Falling
Time-related underemployment (ILO modelled estimates) in Venezuela, Bolivarian Republic of, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, time-related underemployment (ilo modelled estimates) in Venezuela, Bolivarian Republic of stood at 712.03.
Compared with earlier readings it is up 1.0% on the previous year and down 20.9% over ten years.
Over the whole period, time-related underemployment (ilo modelled estimates) in Venezuela, Bolivarian Republic of peaked at 933.08 in 2016 and was at its lowest, 672.66, in 2023.
Venezuela, Bolivarian Republic of ranks 44th of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Time-related underemployment (ILO modelled estimates) in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 858.31 | — |
| 2006 | 860.82 | +0.3% |
| 2007 | 853.7 | -0.8% |
| 2008 | 861.12 | +0.9% |
| 2009 | 905.11 | +5.1% |
| 2010 | 908.03 | +0.3% |
| 2011 | 904.93 | -0.3% |
| 2012 | 910.8 | +0.6% |
| 2013 | 917.32 | +0.7% |
| 2014 | 921.97 | +0.5% |
| 2015 | 926.36 | +0.5% |
| 2016 | 933.08 | +0.7% |
| 2017 | 900.11 | -3.5% |
| 2018 | 854.15 | -5.1% |
| 2019 | 778.48 | -8.9% |
| 2020 | 725.21 | -6.8% |
| 2021 | 693.65 | -4.4% |
| 2022 | 682.92 | -1.5% |
| 2023 | 672.66 | -1.5% |
| 2024 | 690.06 | +2.6% |
| 2025 | 696.57 | +0.9% |
| 2026 | 704.81 | +1.2% |
| 2027 | 712.03 | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 867.81 | 853.7 | 905.11 | 5 |
| 2010s | 895.52 | 778.48 | 933.08 | 10 |
| 2020s | 697.24 | 672.66 | 725.21 | 8 |
Countries ranked near Venezuela, Bolivarian Republic of
More work & labour data for Venezuela, Bolivarian Republic of
- 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)
- 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)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 51.9% (2025)
Frequently asked questions
- What is time-related underemployment (ilo modelled estimates) in Venezuela, Bolivarian Republic of?
- Time-related underemployment (ilo modelled estimates) in Venezuela, Bolivarian Republic of was 712.03 in 2027, according to International Labour Organization.
- What is the highest time-related underemployment (ilo modelled estimates) recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 933.08 in 2016.
- What is the lowest time-related underemployment (ilo modelled estimates) recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 672.66 in 2023.
- How does Venezuela, Bolivarian Republic of rank for time-related underemployment (ilo modelled estimates)?
- Venezuela, Bolivarian Republic of ranks 44th out of 188 countries with data for 2027.
- Is time-related underemployment (ilo modelled estimates) rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 20.9%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of 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.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
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.