Informal employment rate (previous ILO definition - ICLS13) in Panama
Panama: Informal employment rate (previous ILO definition - ICLS13) was 55.73 in 2025. ▲ Rising
Informal employment rate (previous ILO definition - ICLS13) in Panama, 2011–2025
Source: International Labour Organization.
Analysis
In 2025, informal employment rate (previous ilo definition - icls13) in Panama stood at 55.73.
That represents a change of down 5.0% on the previous year and up 16.1% over ten years.
Over the whole period, informal employment rate (previous ilo definition - icls13) in Panama peaked at 58.69 in 2024 and was at its lowest, 46.55, in 2011.
That places Panama 26th out of 44 countries with data for 2025, putting it in the middle of the range.
Informal employment rate (previous ILO definition - ICLS13) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 46.55 | — |
| 2012 | 46.97 | +0.9% |
| 2013 | 47.86 | +1.9% |
| 2014 | 48.02 | +0.3% |
| 2023 | 56.13 | +16.9% |
| 2024 | 58.69 | +4.6% |
| 2025 | 55.73 | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 47.35 | 46.55 | 48.02 | 4 |
| 2020s | 56.85 | 55.73 | 58.69 | 3 |
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 informal employment rate (previous ilo definition - icls13) in Panama?
- Informal employment rate (previous ilo definition - icls13) in Panama was 55.73 in 2025, according to International Labour Organization.
- What is the highest informal employment rate (previous ilo definition - icls13) recorded in Panama?
- The highest recorded value was 58.69 in 2024.
- What is the lowest informal employment rate (previous ilo definition - icls13) recorded in Panama?
- The lowest recorded value was 46.55 in 2011.
- How does Panama rank for informal employment rate (previous ilo definition - icls13)?
- Panama ranks 26th out of 44 countries with data for 2025.
- Is informal employment rate (previous ilo definition - icls13) rising or falling in Panama?
- Over the last ten years it is up 16.1%. 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 Informal employment rate (previous ILO definition - ICLS13) (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 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. This harmonized series for informal employment is derived using the same set of criteria across countries to improve comparability. The criteria used are based on employment status, institutional sector, destination of production, bookkeeping, registration, social security contribution, places of work and size. Data disaggregated by economic activity are provided according to the latest version of the International Standard Industrial Classification of All Economic Activities (ISIC) available for that year. Data may have been regrouped from national classifications, which may not be strictly compatible with ISIC. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.