Full-time equivalent employment (ILO modelled estimates) in Panama

Panama: Full-time equivalent employment (ILO modelled estimates) was 1,949 in 2027. ▲ Rising

Latest (2027)
1,949
Change on year
up 1.6%
World rank
126th
of 188 countries
All-time high
1,949
in 2027
All-time low
1,360
in 2005
Years of data
23
2005–2027

Full-time equivalent employment (ILO modelled estimates) in Panama, 2005–2027

05001.0k1.5k2.0k2005201620272005: 1.4k2006: 1.4k2007: 1.4k2008: 1.5k2009: 1.5k2010: 1.5k2011: 1.6k2012: 1.7k2013: 1.7k2014: 1.7k2015: 1.8k2016: 1.8k2017: 1.8k2018: 1.8k2019: 1.8k2020: 1.4k2021: 1.5k2022: 1.7k2023: 1.8k2024: 1.9k2025: 1.9k2026: 1.9k2027: 1.9k

Source: International Labour Organization.

Analysis

Panama recorded 1,949 for full-time equivalent employment (ilo modelled estimates) in 2027. That is the highest value across all 23 years on record.

Compared with earlier readings it is up 1.6% on the previous year and up 10.8% over ten years.

Over the whole period, full-time equivalent employment (ilo modelled estimates) in Panama peaked at 1,949 in 2027 and was at its lowest, 1,360, in 2005.

That places Panama 126th out of 188 countries with data for 2027, putting it in the middle of the range.

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

Full-time equivalent employment (ILO modelled estimates) in Panama, year by year

Annual values for Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week) in Panama, 2005 to 2027.
Year Value Change
2005 1,360
2006 1,383 +1.7%
2007 1,431 +3.5%
2008 1,505 +5.2%
2009 1,487 -1.2%
2010 1,547 +4.1%
2011 1,622 +4.8%
2012 1,651 +1.8%
2013 1,714 +3.8%
2014 1,710 -0.2%
2015 1,752 +2.4%
2016 1,754 +0.1%
2017 1,760 +0.3%
2018 1,793 +1.9%
2019 1,825 +1.8%
2020 1,397 -23.5%
2021 1,547 +10.8%
2022 1,719 +11.1%
2023 1,834 +6.7%
2024 1,853 +1.1%
2025 1,887 +1.8%
2026 1,919 +1.7%
2027 1,949 +1.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,433 1,360 1,505 5
2010s 1,713 1,547 1,825 10
2020s 1,763 1,397 1,949 8

Countries ranked near Panama

  1. 123 Central African Republic 2,109 compare
  2. 124 Ireland 2,087 compare
  3. 125 Norway 1,972 compare
  4. 127 Lebanon 1,912 compare
  5. 128 Finland 1,891 compare
  6. 129 Eritrea 1,747 compare

See the full ranking of 276 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is full-time equivalent employment (ilo modelled estimates) in Panama?
Full-time equivalent employment (ilo modelled estimates) in Panama was 1,949 in 2027, according to International Labour Organization.
What is the highest full-time equivalent employment (ilo modelled estimates) recorded in Panama?
The highest recorded value was 1,949 in 2027.
What is the lowest full-time equivalent employment (ilo modelled estimates) recorded in Panama?
The lowest recorded value was 1,360 in 2005.
How does Panama rank for full-time equivalent employment (ilo modelled estimates)?
Panama ranks 126th out of 188 countries with data for 2027.
Is full-time equivalent employment (ilo modelled estimates) rising or falling in Panama?
Over the last ten years it is up 10.8%. 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 Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week). Statizoid updates them automatically from the source API.

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Full-time equivalent employment (ILO modelled estimates) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 26 August 2026, from https://labour.statizoid.com/stat/full-time-equivalent-employment-ilo-modelled-estimates-based-on-40-hours-per-week/panama/

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About this data

Indicator
Full-time equivalent employment (ILO modelled estimates) (Based on 40 hours per week)
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. This indicator refers to total weekly hours actually worked for employed persons in their main job divided by 40 or 48. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.