Labor force participation rate, total (% of total population ages) in Panama

Panama: Labor force participation rate, total (% of total population ages) was 71.9% in 2025. ▲ Rising

Latest (2025)
71.9%
Change on year
up 0.2%
World rank
73rd
of 187 countries
All-time high
73.4%
in 2019
All-time low
56.7%
in 1990
Years of data
36
1990–2025

Labor force participation rate, total (% of total population ages) in Panama, 1990–2025

0204060801990200720251990: 56.71991: 60.31992: 61.61993: 62.81994: 63.21995: 64.11996: 64.31997: 64.51998: 65.91999: 65.82000: 66.22001: 66.72002: 67.12003: 67.32004: 682005: 68.22006: 67.32007: 67.92008: 69.42009: 67.72010: 68.82011: 67.12012: 69.12013: 69.82014: 69.92015: 70.12016: 70.62017: 70.42018: 72.32019: 73.42020: 722021: 67.72022: 71.32023: 70.52024: 71.82025: 71.9

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

Analysis

The most recent figure for labor force participation rate, total (% of total population ages) in Panama is 71.9%, measured in 2025.

The figure is up 0.2% on the previous year and up 2.6% over ten years.

Over the whole period, labor force participation rate, total (% of total population ages) in Panama peaked at 73.4% in 2019 and was at its lowest, 56.7%, in 1990.

That places Panama 73rd out of 187 countries with data for 2025, putting it in the middle of the range.

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

Labor force participation rate, total (% of total population ages) in Panama, year by year

Annual values for Labor force participation rate, total (% of total population ages 15-64) (modeled ILO estimate) in Panama, 1990 to 2025.
Year Value Change
1990 56.7%
1991 60.3% +6.4%
1992 61.6% +2.1%
1993 62.8% +2.0%
1994 63.2% +0.6%
1995 64.1% +1.4%
1996 64.3% +0.3%
1997 64.5% +0.3%
1998 65.9% +2.1%
1999 65.8% -0.2%
2000 66.2% +0.7%
2001 66.7% +0.7%
2002 67.1% +0.7%
2003 67.3% +0.3%
2004 68.0% +1.0%
2005 68.2% +0.3%
2006 67.3% -1.3%
2007 67.9% +0.9%
2008 69.4% +2.3%
2009 67.7% -2.5%
2010 68.8% +1.7%
2011 67.1% -2.5%
2012 69.1% +2.9%
2013 69.8% +1.1%
2014 69.9% +0.1%
2015 70.1% +0.3%
2016 70.6% +0.6%
2017 70.4% -0.2%
2018 72.3% +2.6%
2019 73.4% +1.5%
2020 72.0% -1.9%
2021 67.7% -5.9%
2022 71.3% +5.2%
2023 70.5% -1.0%
2024 71.8% +1.8%
2025 71.9% +0.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 62.9% 56.7% 65.9% 10
2000s 67.6% 66.2% 69.4% 10
2010s 70.2% 67.1% 73.4% 10
2020s 70.9% 67.7% 72.0% 6

Countries ranked near Panama

  1. 70 Central African Republic 73.6% compare
  2. 71 Bulgaria 73.2% compare
  3. 72 Bahrain 72.9% compare
  4. 74 Channel Islands 71.9% compare
  5. 75 Hong Kong, China 71.6% compare
  6. 76 Burkina Faso 71.2% 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, total (% of total population ages) in Panama?
Labor force participation rate, total (% of total population ages) in Panama was 71.9% in 2025, according to ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).
What is the highest labor force participation rate, total (% of total population ages) recorded in Panama?
The highest recorded value was 73.4% in 2019.
What is the lowest labor force participation rate, total (% of total population ages) recorded in Panama?
The lowest recorded value was 56.7% in 1990.
How does Panama rank for labor force participation rate, total (% of total population ages)?
Panama ranks 73rd out of 187 countries with data for 2025.
Is labor force participation rate, total (% of total population ages) rising or falling in Panama?
Over the last ten years it is up 2.6%. The long-run trend across the full record is rising.
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, total (% of total population ages 15-64) (modeled ILO estimate). Statizoid updates them automatically from the source API.

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Labor force participation rate, total (% of total population ages) in Panama. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 05 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-total-percent-of-total-population-ages-15-64-modeled-ilo/panama/

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About this data

Indicator
Labor force participation rate, total (% of total population ages 15-64) (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 is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.