Employment-to-population ratio (previous ILO definition - ICLS13) in Panama

Panama: Employment-to-population ratio (previous ILO definition - ICLS13) was 57.27 in 2024. ▬ Flat

Latest (2024)
57.27
Change on year
down 0.8%
World rank
47th
of 78 countries
All-time high
61.5
in 2018
All-time low
51.3
in 2020
Years of data
8
1997–2024

Employment-to-population ratio (previous ILO definition - ICLS13) in Panama, 1997–2024

02040601997201020241997: 56.42003: 55.72008: 59.92018: 61.52020: 51.32021: 53.52023: 57.72024: 57.3

Source: International Labour Organization.

Analysis

The most recent figure for employment-to-population ratio (previous ilo definition - icls13) in Panama is 57.27, measured in 2024.

That represents a change of down 0.8% on the previous year and down 6.9% over ten years.

Over the whole period, employment-to-population ratio (previous ilo definition - icls13) in Panama peaked at 61.5 in 2018 and was at its lowest, 51.3, in 2020.

That places Panama 47th out of 78 countries with data for 2024, putting it in the middle of the range.

Employment-to-population ratio (previous ILO definition - ICLS13) in Panama, year by year

Annual values for Employment-to-population ratio (previous ILO definition - ICLS13) (15+) in Panama, 1997 to 2024.
Year Value Change
1997 56.45
2003 55.71 -1.3%
2008 59.87 +7.5%
2018 61.5 +2.7%
2020 51.3 -16.6%
2021 53.5 +4.3%
2023 57.75 +7.9%
2024 57.27 -0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 56.45 56.45 56.45 1
2000s 57.79 55.71 59.87 2
2010s 61.5 61.5 61.5 1
2020s 54.95 51.3 57.75 4

Countries ranked near Panama

  1. 44 Argentina 57.63 compare
  2. 45 Brazil 57.58 compare
  3. 46 Latvia 57.37 compare
  4. 48 Poland 56.95 compare
  5. 49 Chile 56.93 compare
  6. 50 Montenegro 56.39 compare

See the full ranking of 78 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is employment-to-population ratio (previous ilo definition - icls13) in Panama?
Employment-to-population ratio (previous ilo definition - icls13) in Panama was 57.27 in 2024, according to International Labour Organization.
What is the highest employment-to-population ratio (previous ilo definition - icls13) recorded in Panama?
The highest recorded value was 61.5 in 2018.
What is the lowest employment-to-population ratio (previous ilo definition - icls13) recorded in Panama?
The lowest recorded value was 51.3 in 2020.
How does Panama rank for employment-to-population ratio (previous ilo definition - icls13)?
Panama ranks 47th out of 78 countries with data for 2024.
Is employment-to-population ratio (previous ilo definition - icls13) rising or falling in Panama?
Over the last ten years it is down 6.9%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from International Labour Organization, published as part of Employment-to-population ratio (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.

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Employment-to-population ratio (previous ILO definition - ICLS13) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 11 September 2026, from https://labour.statizoid.com/stat/employment-to-population-ratio-previous-ilo-definition-icls13-15/panama/

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About this data

Indicator
Employment-to-population ratio (previous ILO definition - ICLS13) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
78 places, 1,396 data points, 1987–2026
Last refreshed

The employment-to-population ratio is the number of persons who are employed as a percent of the total of working-age population. For more information, refer to the International Labour Migration Statistics (ILMS) database description.