Labor force participation rate, male (% of male population ages 15+) in Panama

Panama: Labor force participation rate, male (% of male population ages 15+) was 74.0% in 2025. ▼ Falling

Latest (2025)
74.0%
Change on year
down 0.6%
World rank
66th
of 196 countries
All-time high
87.1%
in 1960
All-time low
73.6%
in 2021
Years of data
43
1960–2025

Labor force participation rate, male (% of male population ages 15+) in Panama, 1960–2025

0204060801960199220251960: 87.11970: 86.11979: 80.81980: 73.81983: 78.61984: 78.71985: 78.81986: 76.81988: 78.11989: 78.61990: 771991: 77.11993: 80.51994: 80.11995: 81.31997: 80.41998: 79.41999: 79.72000: 77.42001: 75.42002: 79.62003: 79.42004: 80.22005: 79.82006: 79.42007: 78.72008: 812010: 79.92011: 78.62012: 79.72013: 79.52014: 792015: 782016: 78.12017: 77.12018: 78.32019: 78.22020: 742021: 73.62022: 772023: 74.32024: 74.42025: 74

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

Analysis

In 2025, labor force participation rate, male (% of male population ages 15+) in Panama stood at 74.0%.

That represents a change of down 0.6% on the previous year and down 5.1% over ten years.

Over the whole period, labor force participation rate, male (% of male population ages 15+) in Panama peaked at 87.1% in 1960 and was at its lowest, 73.6%, in 2021.

That places Panama 66th out of 196 countries with data for 2025, putting it 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, male (% of male population ages 15+) in Panama, year by year

Annual values for Labor force participation rate, male (% of male population ages 15+) (national estimate) in Panama, 1960 to 2025.
Year Value Change
1960 87.1%
1970 86.1% -1.2%
1979 80.8% -6.1%
1980 73.8% -8.7%
1983 78.6% +6.5%
1984 78.7% +0.2%
1985 78.8% +0.2%
1986 76.8% -2.6%
1988 78.1% +1.8%
1989 78.6% +0.6%
1990 77.0% -2.1%
1991 77.1% +0.1%
1993 80.5% +4.5%
1994 80.1% -0.5%
1995 81.3% +1.5%
1997 80.4% -1.1%
1998 79.4% -1.2%
1999 79.7% +0.4%
2000 77.4% -2.9%
2001 75.4% -2.6%
2002 79.6% +5.5%
2003 79.4% -0.2%
2004 80.2% +1.1%
2005 79.8% -0.5%
2006 79.4% -0.5%
2007 78.7% -0.9%
2008 81.0% +2.8%
2010 79.9% -1.3%
2011 78.6% -1.6%
2012 79.7% +1.4%
2013 79.5% -0.3%
2014 79.0% -0.5%
2015 78.0% -1.4%
2016 78.1% +0.2%
2017 77.1% -1.3%
2018 78.3% +1.5%
2019 78.2% -0.0%
2020 74.0% -5.4%
2021 73.6% -0.6%
2022 77.0% +4.7%
2023 74.3% -3.5%
2024 74.4% +0.1%
2025 74.0% -0.6%

Panama compared with similar countries

  • Panama's 74.0% is above the median for high income countries, which is 69.5%, 1.1× the median. (79 countries reporting)
  • Panama's 74.0% is above the median for Latin America & Caribbean, which is 74.0%, 1.0× the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 87.1% 87.1% 87.1% 1
1970s 83.4% 80.8% 86.1% 2
1980s 77.6% 73.8% 78.8% 7
1990s 79.4% 77.0% 81.3% 8
2000s 79.0% 75.4% 81.0% 9
2010s 78.7% 77.1% 79.9% 10
2020s 74.5% 73.6% 77.0% 6

Countries ranked near Panama

  1. 63 Uruguay 74.5% compare
  2. 64 Cameroon 74.5% compare
  3. 65 Belarus 74.1% compare
  4. 67 Lesotho 73.9% compare
  5. 68 Kenya 73.8% compare
  6. 69 Singapore 73.6% compare

See the full ranking of 220 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is labor force participation rate, male (% of male population ages 15+) in Panama?
Labor force participation rate, male (% of male population ages 15+) in Panama was 74.0% in 2025, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
What is the highest labor force participation rate, male (% of male population ages 15+) recorded in Panama?
The highest recorded value was 87.1% in 1960.
What is the lowest labor force participation rate, male (% of male population ages 15+) recorded in Panama?
The lowest recorded value was 73.6% in 2021.
How does Panama rank for labor force participation rate, male (% of male population ages 15+)?
Panama ranks 66th out of 196 countries with data for 2025.
Is labor force participation rate, male (% of male population ages 15+) rising or falling in Panama?
Over the last ten years it is down 5.1%. 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, male (% of male population ages 15+) (national estimate). Statizoid updates them automatically from the source API.

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Labor force participation rate, male (% of male population ages 15+) in Panama. Statizoid, drawing on Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 13 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-male-percent-of-male-population-ages-15-national-estimate/panama/

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About this data

Indicator
Labor force participation rate, male (% of male population ages 15+) (national estimate)
Source
Labour Force Statistics database (LFS), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
220 places, 5,453 data points, 1960–2025
Last refreshed

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