Labour force participation rate (current ILO definition - ICLS19) in Panama

Panama: Labour force participation rate (current ILO definition - ICLS19) was 62.52 in 2025. β–¬ Flat

Latest (2025)
62.52
Change on year
down 0.2%
World rank
29th
of 69 countries
All-time high
66.05
in 2019
All-time low
59.64
in 2021
Years of data
12
2014–2025

Labour force participation rate (current ILO definition - ICLS19) in Panama, 2014–2025

02040602014201920252014: 63.82015: 63.72016: 63.92017: 63.52018: 64.92019: 662020: 632021: 59.62022: 62.92023: 61.92024: 62.72025: 62.5

Source: International Labour Organization.

Analysis

The most recent figure for labour force participation rate (current ilo definition - icls19) in Panama is 62.52, measured in 2025.

The figure is down 0.2% on the previous year and down 1.8% over ten years.

Over the whole period, labour force participation rate (current ilo definition - icls19) in Panama peaked at 66.05 in 2019 and was at its lowest, 59.64, in 2021.

Panama ranks 29th of 69 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 64.32 63.53 66.05 6
2020s 62.11 59.64 62.98 6

Countries ranked near Panama

  1. 26 United Kingdom 62.84 compare
  2. 27 Russia 62.84 compare
  3. 28 Barbados 62.78 compare
  4. 30 Israel 62.45 compare
  5. 31 United States 62.42 compare
  6. 32 Chile 62.37 compare

See the full ranking of 69 places β†’

More work & labour data for Panama

All data for Panama β†’

Frequently asked questions

What is labour force participation rate (current ilo definition - icls19) in Panama?
Labour force participation rate (current ilo definition - icls19) in Panama was 62.52 in 2025, according to International Labour Organization.
What is the highest labour force participation rate (current ilo definition - icls19) recorded in Panama?
The highest recorded value was 66.05 in 2019.
What is the lowest labour force participation rate (current ilo definition - icls19) recorded in Panama?
The lowest recorded value was 59.64 in 2021.
How does Panama rank for labour force participation rate (current ilo definition - icls19)?
Panama ranks 29th out of 69 countries with data for 2025.
Is labour force participation rate (current ilo definition - icls19) rising or falling in Panama?
Over the last ten years it is down 1.8%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from International Labour Organization, published as part of Labour force participation rate (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.

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Labour force participation rate (current ILO definition - ICLS19) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labour-force-participation-rate-current-ilo-definition-icls19-15/panama/

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About this data

Indicator
Labour force participation rate (current ILO definition - ICLS19) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
69 places, 713 data points, 2014–2025
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series includes only countries for which the 19th ICLS definitions are applied. The labour force participation rate is the labour force as a percent of the working-age population. The labour force is the sum of all persons of working age who are employed and those who are unemployed. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.