Potential labour force (previous ILO definition - ICLS13) in Panama

Panama: Potential labour force (previous ILO definition - ICLS13) was 20.94 in 2025. ▲ Rising

Latest (2025)
20.94
Change on year
up 9.6%
World rank
74th
of 88 countries
All-time high
20.94
in 2025
All-time low
5.26
in 2012
Years of data
19
2006–2025

Potential labour force (previous ILO definition - ICLS13) in Panama, 2006–2025

51015202006201520252006: 11.32007: 10.92008: 19.22009: 7.12010: 9.62011: 8.42012: 5.32013: 5.62014: 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 (previous ilo definition - icls13) in Panama is 20.94, measured in 2025. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 9.6% on the previous year and up 93.5% over ten years.

Over the whole period, potential labour force (previous ilo definition - icls13) in Panama peaked at 20.94 in 2025 and was at its lowest, 5.26, in 2012.

That places Panama 74th out of 88 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Potential labour force (previous ILO definition - ICLS13) in Panama, year by year

Annual values for Potential labour force (previous ILO definition - ICLS13) (15+) in Panama, 2006 to 2025.
Year Value Change
2006 11.35
2007 10.94 -3.5%
2008 19.16 +75.1%
2009 7.1 -62.9%
2010 9.6 +35.3%
2011 8.39 -12.6%
2012 5.26 -37.4%
2013 5.63 +7.1%
2014 6.56 +16.6%
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
2000s 12.14 7.1 19.16 4
2010s 9.39 5.26 13.35 10
2020s 16.03 5.76 20.94 5

Countries ranked near Panama

  1. 71 Albania 25.24 compare
  2. 72 Latvia 24.33 compare
  3. 73 Palestine 24.15 compare
  4. 75 Luxembourg 19.72 compare
  5. 76 Slovenia 15.66 compare
  6. 77 Montenegro 15.25 compare

See the full ranking of 88 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is potential labour force (previous ilo definition - icls13) in Panama?
Potential labour force (previous ilo definition - icls13) in Panama was 20.94 in 2025, according to International Labour Organization.
What is the highest potential labour force (previous ilo definition - icls13) recorded in Panama?
The highest recorded value was 20.94 in 2025.
What is the lowest potential labour force (previous ilo definition - icls13) recorded in Panama?
The lowest recorded value was 5.26 in 2012.
How does Panama rank for potential labour force (previous ilo definition - icls13)?
Panama ranks 74th out of 88 countries with data for 2025.
Is potential labour force (previous ilo definition - icls13) 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 (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.

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Potential labour force (previous ILO definition - ICLS13) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 28 August 2026, from https://labour.statizoid.com/stat/potential-labour-force-previous-ilo-definition-icls13-15/panama/

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About this data

Indicator
Potential labour force (previous ILO definition - ICLS13) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
88 places, 1,493 data points, 1987–2025
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 is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. 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. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.