Labor force participation rate by age in Panama
Panama: Labor force participation rate by age was 44.9% in 2024. ▼ Falling
Labor force participation rate by age in Panama, 1990–2024
Source: International Labour Organization (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, labor force participation rate by age in Panama stood at 44.9%.
The figure is up 5.3% on the previous year and down 0.4% over ten years.
Over the whole period, labor force participation rate by age in Panama peaked at 51.9% in 1993 and was at its lowest, 40.6%, in 2021.
Panama ranks 68th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.9% | 43.8% | 51.9% | 10 |
| 2000s | 49.0% | 47.2% | 50.1% | 10 |
| 2010s | 45.2% | 43.2% | 47.4% | 10 |
| 2020s | 44.8% | 40.6% | 50.2% | 5 |
Countries ranked near Panama
More work & labour data for Panama
- Legislation on sexual harassment in employment 1 (1=yes; 0=no) (2023)
- Criminal sanctions or compensation for workplace sexual harassment 1 (1=yes; 0=no) (2023)
- Women can take the same jobs as men 1 (1=yes; 0=no) (2023)
- Labor force participation rate, total (% of total population ages 15+) 66.3% (2025)
- Labor force participation rate, male (% of male population ages 15+) 77.9% (2025)
- Ratio of female to male labor force participation rate (%) 70.6% (2025)
- Labor force participation rate, female (% of female population ages 15 54.9% (2025)
- Labor force participation rate, total (% of total population ages 15-6 71.9% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 82.7% (2025)
- Labor force participation rate, female (% of female population ages 15 61.1% (2025)
Frequently asked questions
- What is labor force participation rate by age in Panama?
- Labor force participation rate by age in Panama was 44.9% in 2024, according to International Labour Organization (2026) – with major processing by Our World in Data.
- What is the highest labor force participation rate by age recorded in Panama?
- The highest recorded value was 51.9% in 1993.
- What is the lowest labor force participation rate by age recorded in Panama?
- The lowest recorded value was 40.6% in 2021.
- How does Panama rank for labor force participation rate by age?
- Panama ranks 68th out of 188 countries with data for 2024.
- Is labor force participation rate by age rising or falling in Panama?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from International Labour Organization (2026) – with major processing by Our World in Data, published as part of Labor force participation rate by age. Statizoid updates them automatically from the source API.
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About this data
Share of the working-age population aged 15-24 who are economically active (employed or unemployed).