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

Panama: Labor force participation rate, total (% of total population ages 15+) was 66.3% in 2025. ▲ Rising

Latest (2025)
66.3%
Change on year
down 0.0%
World rank
51st
of 187 countries
All-time high
68.5%
in 2019
All-time low
54.5%
in 1990
Years of data
36
1990–2025

Labor force participation rate, total (% of total population ages 15+) in Panama, 1990–2025

02040601990200720251990: 54.51991: 57.81992: 591993: 60.11994: 60.51995: 61.31996: 61.51997: 61.61998: 62.81999: 62.72000: 632001: 63.32002: 63.62003: 63.82004: 64.42005: 64.52006: 63.72007: 64.12008: 65.72009: 63.52010: 64.92011: 632012: 652013: 65.72014: 65.72015: 65.72016: 66.22017: 65.92018: 67.62019: 68.52020: 66.42021: 62.82022: 66.32023: 65.12024: 66.32025: 66.3

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 15+) in Panama is 66.3%, measured in 2025.

The figure is up 1.0% over ten years.

Over the whole period, labor force participation rate, total (% of total population ages 15+) in Panama peaked at 68.5% in 2019 and was at its lowest, 54.5%, in 1990.

Panama ranks 51st of 187 countries on this measure, 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 15+) in Panama, year by year

Annual values for Labor force participation rate, total (% of total population ages 15+) (modeled ILO estimate) in Panama, 1990 to 2025.
Year Value Change
1990 54.5%
1991 57.8% +6.2%
1992 59.0% +2.0%
1993 60.1% +1.9%
1994 60.5% +0.6%
1995 61.3% +1.3%
1996 61.5% +0.3%
1997 61.6% +0.2%
1998 62.8% +2.0%
1999 62.7% -0.3%
2000 63.0% +0.5%
2001 63.3% +0.5%
2002 63.6% +0.5%
2003 63.8% +0.2%
2004 64.4% +0.9%
2005 64.5% +0.2%
2006 63.7% -1.3%
2007 64.1% +0.6%
2008 65.7% +2.5%
2009 63.5% -3.3%
2010 64.9% +2.1%
2011 63.0% -2.9%
2012 65.0% +3.1%
2013 65.7% +1.2%
2014 65.7% -0.1%
2015 65.7% -0.1%
2016 66.2% +0.8%
2017 65.9% -0.5%
2018 67.6% +2.6%
2019 68.5% +1.4%
2020 66.4% -3.1%
2021 62.8% -5.4%
2022 66.3% +5.6%
2023 65.1% -1.8%
2024 66.3% +1.8%
2025 66.3% -0.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.2% 54.5% 62.8% 10
2000s 64.0% 63.0% 65.7% 10
2010s 65.8% 63.0% 68.5% 10
2020s 65.5% 62.8% 66.4% 6

Countries ranked near Panama

  1. 48 Switzerland 66.7% compare
  2. 49 Thailand 66.7% compare
  3. 50 Australia 66.5% compare
  4. 52 Malaysia 66.1% compare
  5. 53 Lao People's Democratic Republic 66.1% compare
  6. 54 Nicaragua 66.1% 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 15+) in Panama?
Labor force participation rate, total (% of total population ages 15+) in Panama was 66.3% 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 15+) recorded in Panama?
The highest recorded value was 68.5% in 2019.
What is the lowest labor force participation rate, total (% of total population ages 15+) recorded in Panama?
The lowest recorded value was 54.5% in 1990.
How does Panama rank for labor force participation rate, total (% of total population ages 15+)?
Panama ranks 51st out of 187 countries with data for 2025.
Is labor force participation rate, total (% of total population ages 15+) rising or falling in Panama?
Over the last ten years it is up 1.0%. 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+) (modeled ILO estimate). Statizoid updates them automatically from the source API.

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Labor force participation rate, total (% of total population ages 15+) in Panama. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 04 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-total-percent-of-total-population-ages-15-modeled-ilo/panama/

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About this data

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