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

Panama: Labor force participation rate, total (% of total population ages 15+) was 62.5% in 2025. ▲ Rising

Latest (2025)
62.5%
Change on year
down 0.2%
World rank
101st
of 199 countries
All-time high
66.0%
in 2019
All-time low
51.6%
in 1980
Years of data
43
1960–2025

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

02040601960199220251960: 56.61970: 58.61979: 57.61980: 51.61983: 56.11984: 56.11985: 56.91986: 55.61988: 56.91989: 581990: 54.81991: 57.41993: 60.41994: 60.71995: 61.71997: 61.51998: 60.71999: 61.22000: 58.82001: 57.42002: 62.72003: 62.82004: 63.12005: 63.32006: 62.32007: 62.22008: 63.72010: 63.12011: 61.52012: 63.12013: 63.92014: 63.82015: 63.72016: 63.92017: 63.52018: 64.92019: 662020: 632021: 59.62022: 62.92023: 61.92024: 62.72025: 62.5

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

Analysis

Panama recorded 62.5% for labor force participation rate, total (% of total population ages 15+) in 2025.

Compared with earlier readings it is down 0.2% on the previous year and down 1.8% over ten years.

Over the whole period, labor force participation rate, total (% of total population ages 15+) in Panama peaked at 66.0% in 2019 and was at its lowest, 51.6%, in 1980.

That places Panama 101st out of 199 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 43 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+) (national estimate) in Panama, 1960 to 2025.
Year Value Change
1960 56.6%
1970 58.6% +3.5%
1979 57.6% -1.7%
1980 51.6% -10.4%
1983 56.1% +8.7%
1984 56.1% -0.0%
1985 56.9% +1.5%
1986 55.6% -2.4%
1988 56.9% +2.5%
1989 58.0% +1.8%
1990 54.8% -5.6%
1991 57.4% +4.7%
1993 60.4% +5.2%
1994 60.7% +0.5%
1995 61.7% +1.8%
1997 61.5% -0.4%
1998 60.7% -1.2%
1999 61.2% +0.9%
2000 58.8% -4.0%
2001 57.4% -2.4%
2002 62.7% +9.2%
2003 62.8% +0.2%
2004 63.1% +0.6%
2005 63.3% +0.2%
2006 62.3% -1.5%
2007 62.2% -0.2%
2008 63.7% +2.4%
2010 63.1% -1.0%
2011 61.5% -2.5%
2012 63.1% +2.7%
2013 63.9% +1.2%
2014 63.8% -0.2%
2015 63.7% -0.1%
2016 63.9% +0.4%
2017 63.5% -0.7%
2018 64.9% +2.2%
2019 66.0% +1.8%
2020 63.0% -4.7%
2021 59.6% -5.3%
2022 62.9% +5.5%
2023 61.9% -1.7%
2024 62.7% +1.3%
2025 62.5% -0.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 56.6% 56.6% 56.6% 1
1970s 58.1% 57.6% 58.6% 2
1980s 55.9% 51.6% 58.0% 7
1990s 59.8% 54.8% 61.7% 8
2000s 61.8% 57.4% 63.7% 9
2010s 63.7% 61.5% 66.0% 10
2020s 62.1% 59.6% 63.0% 6

Countries ranked near Panama

  1. 98 Russian Federation 62.8% compare
  2. 99 Barbados 62.8% compare
  3. 100 Guam 62.6% compare
  4. 102 Chile 62.5% compare
  5. 103 Israel 62.5% compare
  6. 104 United States of America 62.4% compare

See the full ranking of 232 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 62.5% in 2025, according to Labour Force Statistics database (LFS), 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 66.0% in 2019.
What is the lowest labor force participation rate, total (% of total population ages 15+) recorded in Panama?
The lowest recorded value was 51.6% in 1980.
How does Panama rank for labor force participation rate, total (% of total population ages 15+)?
Panama ranks 101st out of 199 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 down 1.8%. The long-run trend across the full record is rising.
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, total (% of total population ages 15+) (national 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 Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 07 September 2026, from https://labour.statizoid.com/stat/labor-force-participation-rate-total-percent-of-total-population-ages-15-national-estimate/panama/

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About this data

Indicator
Labor force participation rate, total (% of total 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
232 places, 5,713 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.