Time-related underemployment rate (previous ILO definition - ICLS13) in Panama
Panama: Time-related underemployment rate (previous ILO definition - ICLS13) was 4.79 in 2025. ▲ Rising
Time-related underemployment rate (previous ILO definition - ICLS13) in Panama, 2006–2025
Source: International Labour Organization.
Analysis
Panama recorded 4.79 for time-related underemployment rate (previous ilo definition - icls13) in 2025.
Compared with earlier readings it is down 41.4% on the previous year and up 0.6% over ten years.
Over the whole period, time-related underemployment rate (previous ilo definition - icls13) in Panama peaked at 10.72 in 2021 and was at its lowest, 4.58, in 2016.
Panama ranks 26th of 90 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Time-related underemployment rate (previous ILO definition - ICLS13) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 7.85 | — |
| 2007 | 6.26 | -20.2% |
| 2008 | 5.67 | -9.4% |
| 2009 | 5.64 | -0.6% |
| 2010 | 5.92 | +4.9% |
| 2011 | 5.2 | -12.2% |
| 2013 | 5.49 | +5.7% |
| 2014 | 4.68 | -14.7% |
| 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 |
|---|---|---|---|---|
| 2000s | 6.36 | 5.64 | 7.85 | 4 |
| 2010s | 5.53 | 4.58 | 7.57 | 9 |
| 2020s | 7.78 | 4.79 | 10.72 | 4 |
Countries ranked near Panama
- 23 Zimbabwe 5.13 compare
- 24 Serbia 5.12 compare
- 25 United Kingdom of Great Britain and Northern Ireland 5.07 compare
- 27 Cyprus 4.76 compare
- 28 South Africa 4.75 compare
- 29 Switzerland 4.69 compare
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 (previous ilo definition - icls13) in Panama?
- Time-related underemployment rate (previous ilo definition - icls13) in Panama was 4.79 in 2025, according to International Labour Organization.
- What is the highest time-related underemployment rate (previous ilo definition - icls13) recorded in Panama?
- The highest recorded value was 10.72 in 2021.
- What is the lowest time-related underemployment rate (previous ilo definition - icls13) recorded in Panama?
- The lowest recorded value was 4.58 in 2016.
- How does Panama rank for time-related underemployment rate (previous ilo definition - icls13)?
- Panama ranks 26th out of 90 countries with data for 2025.
- Is time-related underemployment rate (previous ilo definition - icls13) 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 (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under ILO Terms of Use (attribution required).
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 is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. 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. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.