Labor force participation rate for ages 15-24, total (%) in Panama
Panama: Labor force participation rate for ages 15-24, total (%) was 42.8% in 2025. ▼ Falling
Labor force participation rate for ages 15-24, total (%) in Panama, 1960–2025
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
The most recent figure for labor force participation rate for ages 15-24, total (%) in Panama is 42.8%, measured in 2025.
That represents a change of down 4.6% on the previous year and down 0.8% over ten years.
Over the whole period, labor force participation rate for ages 15-24, total (%) in Panama peaked at 55.4% in 1970 and was at its lowest, 40.5%, in 2021.
Panama ranks 75th of 175 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, total (%) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 51.8% | — |
| 1970 | 55.4% | +7.1% |
| 1979 | 48.4% | -12.7% |
| 1980 | 41.3% | -14.6% |
| 1983 | 43.9% | +6.3% |
| 1984 | 45.2% | +3.0% |
| 1985 | 45.9% | +1.5% |
| 1986 | 45.0% | -2.0% |
| 1988 | 47.6% | +5.8% |
| 1989 | 48.7% | +2.2% |
| 1990 | 43.6% | -10.4% |
| 1991 | 48.4% | +10.9% |
| 1993 | 51.8% | +7.0% |
| 1994 | 51.0% | -1.4% |
| 1995 | 50.9% | -0.2% |
| 1996 | 47.4% | -7.0% |
| 1997 | 50.5% | +6.5% |
| 1998 | 50.5% | +0.1% |
| 1999 | 50.7% | +0.3% |
| 2000 | 47.3% | -6.7% |
| 2002 | 49.1% | +3.7% |
| 2003 | 49.5% | +0.9% |
| 2004 | 49.3% | -0.5% |
| 2005 | 48.9% | -0.7% |
| 2006 | 47.0% | -3.9% |
| 2007 | 47.1% | +0.3% |
| 2008 | 49.8% | +5.6% |
| 2010 | 47.0% | -5.5% |
| 2011 | 43.4% | -7.7% |
| 2012 | 45.9% | +5.8% |
| 2013 | 46.5% | +1.2% |
| 2014 | 44.7% | -3.8% |
| 2015 | 43.2% | -3.4% |
| 2016 | 43.6% | +0.9% |
| 2017 | 43.6% | +0.2% |
| 2018 | 45.6% | +4.5% |
| 2019 | 46.4% | +1.8% |
| 2020 | 50.0% | +7.7% |
| 2021 | 40.5% | -19.1% |
| 2022 | 45.8% | +13.1% |
| 2023 | 42.7% | -6.7% |
| 2024 | 44.9% | +5.0% |
| 2025 | 42.8% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 51.8% | 51.8% | 51.8% | 1 |
| 1970s | 51.9% | 48.4% | 55.4% | 2 |
| 1980s | 45.4% | 41.3% | 48.7% | 7 |
| 1990s | 49.4% | 43.6% | 51.8% | 9 |
| 2000s | 48.5% | 47.0% | 49.8% | 8 |
| 2010s | 45.0% | 43.2% | 47.0% | 10 |
| 2020s | 44.5% | 40.5% | 50.0% | 6 |
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 labor force participation rate for ages 15-24, total (%) in Panama?
- Labor force participation rate for ages 15-24, total (%) in Panama was 42.8% 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, total (%) recorded in Panama?
- The highest recorded value was 55.4% in 1970.
- What is the lowest labor force participation rate for ages 15-24, total (%) recorded in Panama?
- The lowest recorded value was 40.5% in 2021.
- How does Panama rank for labor force participation rate for ages 15-24, total (%)?
- Panama ranks 75th out of 175 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 down 0.8%. 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, total (%) (national estimate). Statizoid updates them automatically from the source API.
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About this data
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.