Proportion of informal employment, by sector and sex - 13th ICLS in Panama

Panama: Proportion of informal employment, by sector and sex - 13th ICLS was 58.7% in 2024. ▬ Flat

Latest (2024)
58.7%
Change on year
up 4.6%
World rank
30th
of 92 countries
All-time high
58.7%
in 2024
All-time low
46.5%
in 2011
Years of data
19
2003–2024

Proportion of informal employment, by sector and sex - 13th ICLS in Panama, 2003–2024

02040602003201320242003: 58.12006: 562007: 54.12008: 512009: 52.42010: 49.82011: 46.52012: 472013: 47.92014: 482015: 47.92016: 48.52017: 49.42018: 51.42019: 52.82020: 56.12021: 55.72023: 56.12024: 58.7

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for proportion of informal employment, by sector and sex - 13th icls in Panama is 58.7%, measured in 2024. That is the highest value across all 19 years on record.

That represents a change of up 4.6% on the previous year and up 22.2% over ten years.

Over the whole period, proportion of informal employment, by sector and sex - 13th icls in Panama peaked at 58.7% in 2024 and was at its lowest, 46.5%, in 2011.

Panama ranks 30th of 92 countries on this measure, in the middle of the range.

Proportion of informal employment, by sector and sex - 13th ICLS in Panama, year by year

Annual values for Proportion of informal employment, by sector and sex - 13th ICLS (%) in Panama, 2003 to 2024.
Year Value Change
2003 58.1%
2006 56.0% -3.7%
2007 54.1% -3.4%
2008 51.0% -5.7%
2009 52.4% +2.6%
2010 49.8% -4.9%
2011 46.5% -6.5%
2012 47.0% +0.9%
2013 47.9% +1.9%
2014 48.0% +0.3%
2015 47.9% -0.4%
2016 48.5% +1.4%
2017 49.4% +1.8%
2018 51.4% +4.0%
2019 52.8% +2.8%
2020 56.1% +6.3%
2021 55.7% -0.8%
2023 56.1% +0.8%
2024 58.7% +4.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 54.3% 51.0% 58.1% 5
2010s 48.9% 46.5% 52.8% 10
2020s 56.7% 55.7% 58.7% 4

Countries ranked near Panama

  1. 27 Paraguay 64.5% compare
  2. 28 El Salvador 64.0% compare
  3. 29 Thailand 63.2% compare
  4. 31 Kyrgyzstan 57.5% compare
  5. 32 Mexico 56.4% compare
  6. 33 Colombia 56.0% compare

See the full ranking of 128 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is proportion of informal employment, by sector and sex - 13th icls in Panama?
Proportion of informal employment, by sector and sex - 13th icls in Panama was 58.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest proportion of informal employment, by sector and sex - 13th icls recorded in Panama?
The highest recorded value was 58.7% in 2024.
What is the lowest proportion of informal employment, by sector and sex - 13th icls recorded in Panama?
The lowest recorded value was 46.5% in 2011.
How does Panama rank for proportion of informal employment, by sector and sex - 13th icls?
Panama ranks 30th out of 92 countries with data for 2024.
Is proportion of informal employment, by sector and sex - 13th icls rising or falling in Panama?
Over the last ten years it is up 22.2%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of informal employment, by sector and sex - 13th ICLS (%). Statizoid updates them automatically from the source API.

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Proportion of informal employment, by sector and sex - 13th ICLS in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 13 September 2026, from https://labour.statizoid.com/stat/proportion-of-informal-employment-by-sector-and-sex-13th-icls-percent/panama/

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About this data

Indicator
Proportion of informal employment, by sector and sex - 13th ICLS (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
128 places, 2,151 data points, 2000–2025
Last refreshed