Potential labour force (current ILO definition - ICLS19) in Panama

Panama: Potential labour force (current ILO definition - ICLS19) was 20.94 in 2025. ▲ Rising

Latest (2025)
20.94
Change on year
up 9.6%
World rank
54th
of 61 countries
All-time high
20.94
in 2025
All-time low
5.76
in 2022
Years of data
11
2014–2025

Potential labour force (current ILO definition - ICLS19) in Panama, 2014–2025

51015202014201920252014: 6.62015: 10.82016: 112017: 11.42018: 11.92019: 13.42021: 19.12022: 5.82023: 15.22024: 19.12025: 20.9

Source: International Labour Organization.

Analysis

The most recent figure for potential labour force (current ilo definition - icls19) in Panama is 20.94, measured in 2025. That is the highest value across all 11 years on record.

The figure is up 9.6% on the previous year and up 93.5% over ten years.

Over the whole period, potential labour force (current ilo definition - icls19) in Panama peaked at 20.94 in 2025 and was at its lowest, 5.76, in 2022.

That places Panama 54th out of 61 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Potential labour force (current ILO definition - ICLS19) in Panama, year by year

Annual values for Potential labour force (current ILO definition - ICLS19) (15+) in Panama, 2014 to 2025.
Year Value Change
2014 6.56
2015 10.82 +64.9%
2016 11.03 +2.0%
2017 11.41 +3.4%
2018 11.87 +4.0%
2019 13.35 +12.4%
2021 19.11 +43.1%
2022 5.76 -69.9%
2023 15.25 +164.8%
2024 19.11 +25.3%
2025 20.94 +9.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.84 6.56 13.35 6
2020s 16.03 5.76 20.94 5

Countries ranked near Panama

  1. 51 Slovakia 30.68 compare
  2. 52 Poland 25.86 compare
  3. 53 Latvia 24.33 compare
  4. 55 Luxembourg 19.72 compare
  5. 56 Slovenia 15.66 compare
  6. 57 United Arab Emirates 15.5 compare

See the full ranking of 61 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is potential labour force (current ilo definition - icls19) in Panama?
Potential labour force (current ilo definition - icls19) in Panama was 20.94 in 2025, according to International Labour Organization.
What is the highest potential labour force (current ilo definition - icls19) recorded in Panama?
The highest recorded value was 20.94 in 2025.
What is the lowest potential labour force (current ilo definition - icls19) recorded in Panama?
The lowest recorded value was 5.76 in 2022.
How does Panama rank for potential labour force (current ilo definition - icls19)?
Panama ranks 54th out of 61 countries with data for 2025.
Is potential labour force (current ilo definition - icls19) rising or falling in Panama?
Over the last ten years it is up 93.5%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from International Labour Organization, published as part of Potential labour force (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.

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Potential labour force (current ILO definition - ICLS19) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 01 September 2026, from https://labour.statizoid.com/stat/potential-labour-force-current-ilo-definition-icls19-15/panama/

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About this data

Indicator
Potential labour force (current ILO definition - ICLS19) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
61 places, 595 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 potential labour force refers to persons not in employment who express an interest in this form of work but for whom existing conditions limit their active job search and/or their availability. This group is used to calculate alternative measures of labour underutilization. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.