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

Panama: Labor force participation rate for ages 15-24, total (%) was 45.0% in 2025. ▼ Falling

Latest (2025)
45.0%
Change on year
up 0.1%
World rank
68th
of 186 countries
All-time high
51.9%
in 1993
All-time low
40.6%
in 2021
Years of data
36
1990–2025

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

02040601990200720251990: 43.81991: 48.41992: 50.11993: 51.91994: 50.81995: 51.11996: 50.81997: 50.61998: 50.61999: 50.82000: 50.12001: 49.42002: 48.72003: 49.42004: 49.32005: 492006: 47.22007: 47.22008: 49.62009: 502010: 47.42011: 43.82012: 46.22013: 46.52014: 45.12015: 43.22016: 43.62017: 43.72018: 45.62019: 46.32020: 50.22021: 40.62022: 45.62023: 42.72024: 44.92025: 45

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

Analysis

The most recent figure for labor force participation rate for ages 15-24, total (%) in Panama is 45.0%, measured in 2025.

Compared with earlier readings it is up 0.1% on the previous year and up 4.1% over ten years.

Over the whole period, labor force participation rate for ages 15-24, total (%) in Panama peaked at 51.9% in 1993 and was at its lowest, 40.6%, in 2021.

That places Panama 68th out of 186 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, total (%) in Panama, year by year

Annual values for Labor force participation rate for ages 15-24, total (%) (modeled ILO estimate) in Panama, 1990 to 2025.
Year Value Change
1990 43.8%
1991 48.4% +10.5%
1992 50.1% +3.6%
1993 51.9% +3.4%
1994 50.8% -2.0%
1995 51.1% +0.5%
1996 50.8% -0.5%
1997 50.6% -0.5%
1998 50.6% +0.0%
1999 50.8% +0.5%
2000 50.1% -1.4%
2001 49.4% -1.4%
2002 48.7% -1.4%
2003 49.4% +1.4%
2004 49.3% -0.2%
2005 49.0% -0.5%
2006 47.2% -3.7%
2007 47.2% -0.1%
2008 49.6% +5.1%
2009 50.0% +0.8%
2010 47.4% -5.2%
2011 43.8% -7.4%
2012 46.2% +5.4%
2013 46.5% +0.7%
2014 45.1% -3.0%
2015 43.2% -4.2%
2016 43.6% +0.9%
2017 43.7% +0.2%
2018 45.6% +4.4%
2019 46.3% +1.5%
2020 50.2% +8.5%
2021 40.6% -19.3%
2022 45.6% +12.5%
2023 42.7% -6.5%
2024 44.9% +5.3%
2025 45.0% +0.1%

Averages by decade

DecadeAverage LowestHighest 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% 6

Countries ranked near Panama

  1. 65 Malaysia 45.5% compare
  2. 66 Guam 45.2% compare
  3. 67 Mexico 45.0% compare
  4. 69 Guinea-Bissau 45.0% compare
  5. 70 Kazakhstan 44.8% compare
  6. 71 Ecuador 44.7% compare

See the full ranking of 234 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is labor force participation rate for ages 15-24, total (%) in Panama?
Labor force participation rate for ages 15-24, total (%) in Panama was 45.0% 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, total (%) recorded in Panama?
The highest recorded value was 51.9% in 1993.
What is the lowest labor force participation rate for ages 15-24, total (%) recorded in Panama?
The lowest recorded value was 40.6% in 2021.
How does Panama rank for labor force participation rate for ages 15-24, total (%)?
Panama ranks 68th out of 186 countries with data for 2025.
Is labor force participation rate for ages 15-24, total (%) rising or falling in Panama?
Over the last ten years it is up 4.1%. 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, total (%) (modeled ILO estimate). Statizoid updates them automatically from the source API.

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Labor force participation rate for ages 15-24, total (%) in Panama. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 26 August 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-for-ages-15-24-total-percent-modeled-ilo-estimate/panama/

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About this data

Indicator
Labor force participation rate for ages 15-24, total (%) (modeled ILO estimate)
Source
ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 8,410 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.