Labour dependency ratio in Panama
Panama: Labour dependency ratio was 1.16 in 2027. ▼ Falling
Labour dependency ratio in Panama, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for labour dependency ratio in Panama is 1.16, measured in 2027.
The figure is down 0.8% on the previous year and down 3.9% over ten years.
Over the whole period, labour dependency ratio in Panama peaked at 1.87 in 1991 and was at its lowest, 1.12, in 2019.
That places Panama 111th out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Labour dependency ratio in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1.87 | — |
| 1992 | 1.8 | -4.2% |
| 1993 | 1.73 | -3.7% |
| 1994 | 1.7 | -1.7% |
| 1995 | 1.65 | -2.8% |
| 1996 | 1.64 | -0.9% |
| 1997 | 1.61 | -1.5% |
| 1998 | 1.54 | -4.4% |
| 1999 | 1.53 | -0.8% |
| 2000 | 1.5 | -1.8% |
| 2001 | 1.48 | -1.5% |
| 2002 | 1.45 | -1.8% |
| 2003 | 1.44 | -1.2% |
| 2004 | 1.4 | -2.7% |
| 2005 | 1.38 | -1.4% |
| 2006 | 1.39 | +1.1% |
| 2007 | 1.36 | -1.9% |
| 2008 | 1.3 | -4.9% |
| 2009 | 1.37 | +5.7% |
| 2010 | 1.31 | -4.3% |
| 2011 | 1.33 | +1.1% |
| 2012 | 1.24 | -6.5% |
| 2013 | 1.21 | -2.8% |
| 2014 | 1.22 | +0.8% |
| 2015 | 1.21 | -0.6% |
| 2016 | 1.19 | -1.4% |
| 2017 | 1.21 | +1.3% |
| 2018 | 1.14 | -5.6% |
| 2019 | 1.12 | -1.3% |
| 2020 | 1.4 | +24.2% |
| 2021 | 1.4 | +0.0% |
| 2022 | 1.21 | -13.6% |
| 2023 | 1.2 | -0.7% |
| 2024 | 1.19 | -0.4% |
| 2025 | 1.18 | -1.0% |
| 2026 | 1.17 | -0.9% |
| 2027 | 1.16 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.68 | 1.53 | 1.87 | 9 |
| 2000s | 1.41 | 1.3 | 1.5 | 10 |
| 2010s | 1.22 | 1.12 | 1.33 | 10 |
| 2020s | 1.24 | 1.16 | 1.4 | 8 |
Countries ranked near Panama
- 108 Kazakhstan 1.17 compare
- 109 El Salvador 1.17 compare
- 110 Dominican Republic 1.16 compare
- 111 Bulgaria 1.16 compare
- 111 Finland 1.16 compare
- 114 Lao People's Democratic Republic 1.16 compare
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is labour dependency ratio in Panama?
- Labour dependency ratio in Panama was 1.16 in 2027, according to International Labour Organization.
- What is the highest labour dependency ratio recorded in Panama?
- The highest recorded value was 1.87 in 1991.
- What is the lowest labour dependency ratio recorded in Panama?
- The lowest recorded value was 1.12 in 2019.
- How does Panama rank for labour dependency ratio?
- Panama ranks 111th out of 188 countries with data for 2027.
- Is labour dependency ratio rising or falling in Panama?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from International Labour Organization, published as part of Labour dependency ratio (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This indicator provides the ratio of dependents (persons aged 0 to 14 + persons aged 15 and above that are either outside the labour force or unemployed) to total employment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.