Labor force participation rate in Panama

Panama: Labor force participation rate was 66.3% in 2025. ▲ Rising

Latest (2025)
66.3%
Change on year
down 0.0%
World rank
51st
of 186 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 in Panama, 1990–2025

02040601990200720251990: 54.5 %1991: 57.8 %1992: 59 %1993: 60.1 %1994: 60.5 %1995: 61.3 %1996: 61.5 %1997: 61.6 %1998: 62.8 %1999: 62.7 %2000: 63 %2001: 63.3 %2002: 63.6 %2003: 63.8 %2004: 64.4 %2005: 64.5 %2006: 63.7 %2007: 64.1 %2008: 65.7 %2009: 63.5 %2010: 64.9 %2011: 63 %2012: 65 %2013: 65.7 %2014: 65.7 %2015: 65.7 %2016: 66.2 %2017: 65.9 %2018: 67.6 %2019: 68.5 %2020: 66.4 %2021: 62.8 %2022: 66.3 %2023: 65.1 %2024: 66.3 %2025: 66.3 %

Source: ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

Panama recorded 66.3% for labor force participation rate in 2025.

That represents a change of up 1.0% over ten years.

Over the whole period, labor force participation rate in Panama peaked at 68.5% in 2019 and was at its lowest, 54.5%, in 1990.

That places Panama 51st out of 186 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.

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 Laos 66.1% compare
  6. 54 Nicaragua 66.1% compare

See the full ranking of 186 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is labor force participation rate in Panama?
Labor force participation rate in Panama was 66.3% in 2025, according to ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest labor force participation rate recorded in Panama?
The highest recorded value was 68.5% in 2019.
What is the lowest labor force participation rate recorded in Panama?
The lowest recorded value was 54.5% in 1990.
How does Panama rank for labor force participation rate?
Panama ranks 51st out of 186 countries with data for 2025.
Is labor force participation rate 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, via World Bank (2026) – processed by Our World in Data, published as part of Labor force participation rate. Statizoid updates them automatically from the source API.

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About this data

Indicator
Labor force participation rate
Unit
%
Source
ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,682 data points, 1990–2025
Last refreshed

Share of the working-age population (ages 15 and over) who are economically active (employed or unemployed).