Proportion of adults (15 years and older) out of labor force with an in Panama

Panama: Proportion of adults (15 years and older) out of labor force with an was 50.3% in 2024. ▲ Rising

Latest (2024)
50.3%
Change on year
up 49.9%
World rank
69th
of 113 countries
All-time high
50.3%
in 2024
All-time low
17.0%
in 2011
Years of data
5
2011–2024

Proportion of adults (15 years and older) out of labor force with an in Panama, 2011–2024

203040502011201720242011: 172014: 30.42017: 39.32021: 33.62024: 50.3

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, proportion of adults (15 years and older) out of labor force with an in Panama stood at 50.3%. That is the highest value across all 5 years on record.

The figure is up 49.9% on the previous year and up 65.4% over ten years.

Over the whole period, proportion of adults (15 years and older) out of labor force with an in Panama peaked at 50.3% in 2024 and was at its lowest, 17.0%, in 2011.

Panama ranks 69th of 113 countries on this measure, in the middle of the range.

Proportion of adults (15 years and older) out of labor force with an in Panama, year by year

Annual values for Proportion of adults (15 years and older) out of labor force with an account at a financial institution or mobile-money-service provider (% of adults aged 15 years and older) in Panama, 2011 to 2024.
Year Value Change
2011 17.0%
2014 30.4% +78.4%
2017 39.3% +29.1%
2021 33.6% -14.5%
2024 50.3% +49.9%

Panama compared with similar countries

  • Panama's 50.3% is below the median for high income countries, which is 93.1%, 54% of the median. (37 countries reporting)
  • Panama's 50.3% is above the median for Latin America & Caribbean, which is 45.0%, 1.1× the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 28.9% 17.0% 39.3% 3
2020s 41.9% 33.6% 50.3% 2

Countries ranked near Panama

  1. 66 Uzbekistan 53.3% compare
  2. 67 Kosovo 51.5% compare
  3. 68 Senegal 50.8% compare
  4. 70 Togo 47.8% compare
  5. 71 Botswana 47.5% compare
  6. 72 Indonesia 46.3% compare

See the full ranking of 151 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is proportion of adults (15 years and older) out of labor force with an in Panama?
Proportion of adults (15 years and older) out of labor force with an in Panama was 50.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest proportion of adults (15 years and older) out of labor force with an recorded in Panama?
The highest recorded value was 50.3% in 2024.
What is the lowest proportion of adults (15 years and older) out of labor force with an recorded in Panama?
The lowest recorded value was 17.0% in 2011.
How does Panama rank for proportion of adults (15 years and older) out of labor force with an?
Panama ranks 69th out of 113 countries with data for 2024.
Is proportion of adults (15 years and older) out of labor force with an rising or falling in Panama?
Over the last ten years it is up 65.4%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of adults (15 years and older) out of labor force with an account at a financial institution or mobile-money-service provider (% of adults aged 15 years and older). Statizoid updates them automatically from the source API.

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Proportion of adults (15 years and older) out of labor force with an in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 September 2026, from https://labour.statizoid.com/stat/proportion-of-adults-15-years-and-older-out-of-labor-force-with-an-account-at-a-financial/panama/

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About this data

Indicator
Proportion of adults (15 years and older) out of labor force with an account at a financial institution or mobile-money-service provider (% of adults aged 15 years and older)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
151 places, 755 data points, 2011–2024
Last refreshed