Informal employment in Panama

Panama: Informal employment was 50.3% in 2025. ▲ Rising

Latest (2025)
50.3%
Change on year
down 3.7%
World rank
9th
of 45 countries
All-time high
52.3%
in 2024
All-time low
40.9%
in 2014
Years of data
11
2014–2025

Informal employment in Panama, 2014–2025

02040602014201920252014: 40.9 % of total non-agricultural employment2015: 41.2 % of total non-agricultural employment2016: 41.2 % of total non-agricultural employment2017: 42.7 % of total non-agricultural employment2018: 45.3 % of total non-agricultural employment2019: 46.7 % of total non-agricultural employment2020: 50.9 % of total non-agricultural employment2021: 49.4 % of total non-agricultural employment2023: 50 % of total non-agricultural employment2024: 52.3 % of total non-agricultural employment2025: 50.3 % of total non-agricultural employment

Source: Labour Force Statistics database (LFS), International Labour Organization (ILO). Measured in % of total non-agricultural employment.

Analysis

In 2025, informal employment in Panama stood at 50.3%.

Compared with earlier readings it is down 3.7% on the previous year and up 22.1% over ten years.

Over the whole period, informal employment in Panama peaked at 52.3% in 2024 and was at its lowest, 40.9%, in 2014.

That places Panama 9th out of 45 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Informal employment in Panama, year by year

Annual values for Informal employment (% of total non-agricultural employment) in Panama, 2014 to 2025.
Year % of total non-agricultural employment Change
2014 40.9%
2015 41.2% +0.9%
2016 41.2% -0.0%
2017 42.7% +3.6%
2018 45.3% +6.0%
2019 46.7% +3.2%
2020 50.9% +9.0%
2021 49.4% -2.9%
2023 50.0% +1.1%
2024 52.3% +4.5%
2025 50.3% -3.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 43.0% 40.9% 46.7% 6
2020s 50.6% 49.4% 52.3% 5

Countries ranked near Panama

  1. 6 El Salvador 54.6% compare
  2. 7 Jordan 53.1% compare
  3. 8 Viet Nam 52.3% compare
  4. 10 Costa Rica 33.8% compare
  5. 11 Brazil 32.5% compare
  6. 12 Uruguay 31.3% compare

See the full ranking of 45 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is informal employment in Panama?
Informal employment in Panama was 50.3% in 2025, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
What is the highest informal employment recorded in Panama?
The highest recorded value was 52.3% in 2024.
What is the lowest informal employment recorded in Panama?
The lowest recorded value was 40.9% in 2014.
How does Panama rank for informal employment?
Panama ranks 9th out of 45 countries with data for 2025.
Is informal employment rising or falling in Panama?
Over the last ten years it is up 22.1%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Informal employment (% of total non-agricultural employment). Statizoid updates them automatically from the source API.

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Informal employment in Panama. Statizoid, drawing on Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 10 September 2026, from https://labour.statizoid.com/stat/informal-employment-percent-of-total-non-agricultural-employment/panama/

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About this data

Indicator
Informal employment (% of total non-agricultural employment)
Unit
% of total non-agricultural employment
Source
Labour Force Statistics database (LFS), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
45 places, 426 data points, 2014–2025
Last refreshed

This indicator shows the share of workers at working age in informal employment in non-agricultural activities out of total employment in non-agricultural activities, expressed as a percentage. Informal employment comprises workers whose main or secondary jobs are informal. For own-account workers and employers, informality is determined by enterprise characteristics (unincorporated, market-based, and unregistered); for contributing family workers, it is determined by the absence of written contracts and lack of coverage under labor legislation; and for employees, it is determined by whether the employment relationship is not subject to national labor legislation, income taxation, or social protection. The data are based on the statistical standards adopted by the 19th International Conference of Labour Statisticians (ICLS).