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

Panama: Labor force participation rate for ages 15-24, male (%) was 51.4% in 2025. ▼ Falling

Latest (2025)
51.4%
Change on year
down 2.7%
World rank
65th
of 173 countries
All-time high
76.6%
in 1960
All-time low
51.4%
in 2025
Years of data
43
1960–2025

Labor force participation rate for ages 15-24, male (%) in Panama, 1960–2025

0204060801960199220251960: 76.61970: 761979: 63.91980: 56.21983: 59.71984: 61.81985: 62.41986: 59.41988: 63.81989: 64.71990: 60.71991: 62.91993: 67.71994: 65.91995: 66.81996: 62.51997: 651998: 64.61999: 64.52000: 60.52002: 62.32003: 62.52004: 63.22005: 62.12006: 60.52007: 612008: 65.22010: 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: 51.4

Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).

Analysis

Panama recorded 51.4% for labor force participation rate for ages 15-24, male (%) in 2025. That is the lowest value across all 43 years on record.

That represents a change of down 2.7% on the previous year and down 7.0% over ten years.

Over the whole period, labor force participation rate for ages 15-24, male (%) in Panama peaked at 76.6% in 1960 and was at its lowest, 51.4%, in 2025.

Panama ranks 65th of 173 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 43 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 (%) (national estimate) in Panama, 1960 to 2025.
Year Value Change
1960 76.6%
1970 76.0% -0.8%
1979 63.9% -15.9%
1980 56.2% -11.9%
1983 59.7% +6.1%
1984 61.8% +3.5%
1985 62.4% +1.0%
1986 59.4% -4.9%
1988 63.8% +7.4%
1989 64.7% +1.4%
1990 60.7% -6.2%
1991 62.9% +3.7%
1993 67.7% +7.6%
1994 65.9% -2.6%
1995 66.8% +1.3%
1996 62.5% -6.4%
1997 65.0% +3.9%
1998 64.6% -0.6%
1999 64.5% -0.1%
2000 60.5% -6.2%
2002 62.3% +3.0%
2003 62.5% +0.3%
2004 63.2% +1.1%
2005 62.1% -1.8%
2006 60.5% -2.5%
2007 61.0% +0.9%
2008 65.2% +6.9%
2010 62.2% -4.6%
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 51.4% -2.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 76.6% 76.6% 76.6% 1
1970s 69.9% 63.9% 76.0% 2
1980s 61.2% 56.2% 64.7% 7
1990s 64.5% 60.7% 67.7% 9
2000s 62.2% 60.5% 65.2% 8
2010s 57.5% 53.9% 62.2% 10
2020s 53.6% 51.4% 57.5% 6

Countries ranked near Panama

  1. 62 Myanmar 51.8% compare
  2. 63 Lesotho 51.7% compare
  3. 64 Palestine, State of 51.6% compare
  4. 66 Colombia 50.6% compare
  5. 67 Dominica 50.5% compare
  6. 68 Japan 50.3% compare

See the full ranking of 195 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 51.4% in 2025, according to Labour Force Statistics database (LFS), 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 76.6% in 1960.
What is the lowest labor force participation rate for ages 15-24, male (%) recorded in Panama?
The lowest recorded value was 51.4% in 2025.
How does Panama rank for labor force participation rate for ages 15-24, male (%)?
Panama ranks 65th out of 173 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 7.0%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Labor force participation rate for ages 15-24, male (%) (national 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 Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 05 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-for-ages-15-24-male-percent-national-estimate/panama/

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About this data

Indicator
Labor force participation rate for ages 15-24, male (%) (national estimate)
Source
Labour Force Statistics database (LFS), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 4,742 data points, 1960–2025
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.