Labor force participation rate for ages 15-24, male (%) in Panama

Panama: Labor force participation rate for ages 15-24, male (%) was 52.7% in 2025. ▼ Falling

Latest (2025)
52.7%
Change on year
down 0.2%
World rank
60th
of 187 countries
All-time high
67.7%
in 1993
All-time low
51.5%
in 2023
Years of data
36
1990–2025

Labor force participation rate for ages 15-24, male (%) in Panama, 1990–2025

02040601990200720251990: 60.71991: 62.91992: 65.41993: 67.71994: 65.91995: 66.81996: 65.91997: 651998: 64.61999: 64.52000: 63.82001: 632002: 62.32003: 62.52004: 63.22005: 62.12006: 60.52007: 612008: 65.22009: 65.12010: 62.22011: 58.32012: 60.42013: 58.82014: 57.42015: 55.32016: 55.32017: 53.92018: 572019: 56.52020: 56.82021: 51.92022: 57.52023: 51.52024: 52.82025: 52.7

Source: ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).

Analysis

The most recent figure for labor force participation rate for ages 15-24, male (%) in Panama is 52.7%, measured in 2025.

The figure is down 0.2% on the previous year and down 4.7% over ten years.

Over the whole period, labor force participation rate for ages 15-24, male (%) in Panama peaked at 67.7% in 1993 and was at its lowest, 51.5%, in 2023.

That places Panama 60th out of 187 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 36 years of available data.

Labor force participation rate for ages 15-24, male (%) in Panama, year by year

Annual values for Labor force participation rate for ages 15-24, male (%) (modeled ILO estimate) in Panama, 1990 to 2025.
Year Value Change
1990 60.7%
1991 62.9% +3.7%
1992 65.4% +3.9%
1993 67.7% +3.6%
1994 65.9% -2.6%
1995 66.8% +1.3%
1996 65.9% -1.3%
1997 65.0% -1.4%
1998 64.6% -0.6%
1999 64.5% -0.1%
2000 63.8% -1.1%
2001 63.0% -1.2%
2002 62.3% -1.2%
2003 62.5% +0.3%
2004 63.2% +1.2%
2005 62.1% -1.8%
2006 60.5% -2.5%
2007 61.0% +0.9%
2008 65.2% +6.8%
2009 65.1% -0.2%
2010 62.2% -4.3%
2011 58.3% -6.4%
2012 60.4% +3.7%
2013 58.8% -2.7%
2014 57.4% -2.4%
2015 55.3% -3.6%
2016 55.3% +0.0%
2017 53.9% -2.6%
2018 57.0% +5.8%
2019 56.5% -0.9%
2020 56.8% +0.4%
2021 51.9% -8.6%
2022 57.5% +10.8%
2023 51.5% -10.4%
2024 52.8% +2.7%
2025 52.7% -0.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 64.9% 60.7% 67.7% 10
2000s 62.9% 60.5% 65.2% 10
2010s 57.5% 53.9% 62.2% 10
2020s 53.9% 51.5% 57.5% 6

Countries ranked near Panama

  1. 57 Myanmar 53.0% compare
  2. 58 Malaysia 52.9% compare
  3. 59 United Kingdom of Great Britain and Northern Ireland 52.8% compare
  4. 61 Guyana 52.5% compare
  5. 62 Rwanda 52.4% compare
  6. 63 Finland 52.2% compare

See the full ranking of 235 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is labor force participation rate for ages 15-24, male (%) in Panama?
Labor force participation rate for ages 15-24, male (%) in Panama was 52.7% in 2025, according to ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).
What is the highest labor force participation rate for ages 15-24, male (%) recorded in Panama?
The highest recorded value was 67.7% in 1993.
What is the lowest labor force participation rate for ages 15-24, male (%) recorded in Panama?
The lowest recorded value was 51.5% in 2023.
How does Panama rank for labor force participation rate for ages 15-24, male (%)?
Panama ranks 60th out of 187 countries with data for 2025.
Is labor force participation rate for ages 15-24, male (%) rising or falling in Panama?
Over the last ten years it is down 4.7%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO), published as part of Labor force participation rate for ages 15-24, male (%) (modeled ILO estimate). Statizoid updates them automatically from the source API.

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Labor force participation rate for ages 15-24, male (%) in Panama. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 03 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-for-ages-15-24-male-percent-modeled-ilo-estimate/panama/

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About this data

Indicator
Labor force participation rate for ages 15-24, male (%) (modeled ILO estimate)
Source
ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,446 data points, 1990–2025
Last refreshed

Labor force participation rate for ages 15-24 is the proportion of the population ages 15-24 that is economically active: all people who supply labor for the production of goods and services during a specified period.