Time-related underemployment rate (current ILO definition - ICLS19) in Panama
Panama: Time-related underemployment rate (current ILO definition - ICLS19) was 4.79 in 2025. ▲ Rising
Time-related underemployment rate (current ILO definition - ICLS19) in Panama, 2014–2025
Source: International Labour Organization.
Analysis
In 2025, time-related underemployment rate (current ilo definition - icls19) in Panama stood at 4.79.
That represents a change of down 41.4% on the previous year and up 0.6% over ten years.
Over the whole period, time-related underemployment rate (current ilo definition - icls19) in Panama peaked at 10.72 in 2021 and was at its lowest, 4.58, in 2016.
That places Panama 16th out of 59 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 10 years of available data.
Time-related underemployment rate (current ILO definition - ICLS19) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 4.68 | — |
| 2015 | 4.76 | +1.7% |
| 2016 | 4.58 | -3.9% |
| 2017 | 5.12 | +11.8% |
| 2018 | 6.43 | +25.5% |
| 2019 | 7.57 | +17.8% |
| 2021 | 10.72 | +41.6% |
| 2023 | 7.43 | -30.7% |
| 2024 | 8.17 | +9.9% |
| 2025 | 4.79 | -41.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.52 | 4.58 | 7.57 | 6 |
| 2020s | 7.78 | 4.79 | 10.72 | 4 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is time-related underemployment rate (current ilo definition - icls19) in Panama?
- Time-related underemployment rate (current ilo definition - icls19) in Panama was 4.79 in 2025, according to International Labour Organization.
- What is the highest time-related underemployment rate (current ilo definition - icls19) recorded in Panama?
- The highest recorded value was 10.72 in 2021.
- What is the lowest time-related underemployment rate (current ilo definition - icls19) recorded in Panama?
- The lowest recorded value was 4.58 in 2016.
- How does Panama rank for time-related underemployment rate (current ilo definition - icls19)?
- Panama ranks 16th out of 59 countries with data for 2025.
- Is time-related underemployment rate (current ilo definition - icls19) rising or falling in Panama?
- Over the last ten years it is up 0.6%. 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 rate (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series includes only countries for which the 19th ICLS definitions are applied. The time-related underemployment rate conveys the number of persons in time-related underemployment as a percent of the total number of persons in employment. 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 more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.