SDG indicator 8.3.1: Proportion of informal employment in total in Panama

Panama: SDG indicator 8.3.1: Proportion of informal employment in total was 55.73 in 2025. ▲ Rising

Latest (2025)
55.73
Change on year
down 5.0%
World rank
31st
of 83 countries
All-time high
58.69
in 2024
All-time low
46.55
in 2011
Years of data
19
2003–2025

SDG indicator 8.3.1: Proportion of informal employment in total in Panama, 2003–2025

02040602003201420252003: 58.12006: 562007: 54.12008: 512009: 52.42011: 46.52012: 472013: 47.92014: 482015: 47.82016: 48.52017: 49.42018: 51.42019: 52.82020: 56.12021: 55.72023: 56.12024: 58.72025: 55.7

Source: International Labour Organization.

Analysis

The most recent figure for sdg indicator 8.3.1: proportion of informal employment in total in Panama is 55.73, measured in 2025.

Compared with earlier readings it is down 5.0% on the previous year and up 16.5% over ten years.

Over the whole period, sdg indicator 8.3.1: proportion of informal employment in total in Panama peaked at 58.69 in 2024 and was at its lowest, 46.55, in 2011.

That places Panama 31st out of 83 countries with data for 2025, putting it in the middle of the range.

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

SDG indicator 8.3.1: Proportion of informal employment in total in Panama, year by year

Annual values for SDG indicator 8.3.1: Proportion of informal employment in total employment (previous ILO definition - ICLS13) in Panama, 2003 to 2025.
Year Value Change
2003 58.08
2006 55.96 -3.7%
2007 54.08 -3.4%
2008 51.01 -5.7%
2009 52.36 +2.7%
2011 46.55 -11.1%
2012 46.97 +0.9%
2013 47.86 +1.9%
2014 48.02 +0.3%
2015 47.85 -0.4%
2016 48.52 +1.4%
2017 49.4 +1.8%
2018 51.36 +4.0%
2019 52.8 +2.8%
2020 56.14 +6.3%
2021 55.67 -0.8%
2023 56.13 +0.8%
2024 58.69 +4.6%
2025 55.73 -5.0%

Panama compared with similar countries

  • Panama's 55.73 is above the median for high income countries, which is 4.46, 12.5× the median. (36 countries reporting)
  • Panama's 55.73 is above the median for Latin America & Caribbean, which is 55.18, 1.0× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 54.3 51.01 58.08 5
2010s 48.81 46.55 52.8 9
2020s 56.47 55.67 58.69 5

Countries ranked near Panama

  1. 28 Kyrgyzstan 57.55 compare
  2. 29 Mexico 56.88 compare
  3. 30 Colombia 56.01 compare
  4. 31 Caribbean 58.12 compare
  5. 32 Namibia 55.64 compare
  6. 33 Moldova 55.37 compare
  7. 34 Jamaica 54.64 compare

See the full ranking of 170 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is sdg indicator 8.3.1: proportion of informal employment in total in Panama?
Sdg indicator 8.3.1: proportion of informal employment in total in Panama was 55.73 in 2025, according to International Labour Organization.
What is the highest sdg indicator 8.3.1: proportion of informal employment in total recorded in Panama?
The highest recorded value was 58.69 in 2024.
What is the lowest sdg indicator 8.3.1: proportion of informal employment in total recorded in Panama?
The lowest recorded value was 46.55 in 2011.
How does Panama rank for sdg indicator 8.3.1: proportion of informal employment in total?
Panama ranks 31st out of 83 countries with data for 2025.
Is sdg indicator 8.3.1: proportion of informal employment in total rising or falling in Panama?
Over the last ten years it is up 16.5%. 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 SDG indicator 8.3.1: Proportion of informal employment in total employment (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.

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SDG indicator 8.3.1: Proportion of informal employment in total in Panama. Statizoid, drawing on International Labour Organization. Retrieved 17 September 2026, from https://labour.statizoid.com/stat/sdg-indicator-8-3-1-proportion-of-informal-employment-in-total-employment-previous-ilo/panama/

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About this data

Indicator
SDG indicator 8.3.1: Proportion of informal employment in total employment (previous ILO definition - ICLS13)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
170 places, 3,309 data points, 2000–2027
Last refreshed

Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. This indicator conveys the share of informal employment in total employment. Employment comprises all persons of working age who, during a specified brief period, were either in paid employment (whether at work or with a job but not at work) or in self-employment (whether at work or with an enterprise but not at work). Informal employment comprises persons who in their main or secondary jobs were (a) own-account workers, employers and members of producers' cooperatives employed in their own informal sector enterprises; (b) own-account workers engaged in the production of goods exclusively for own final use by their household (e.g. subsistence farming); (c) contributing family workers, regardless of whether they work in formal or informal sector enterprises; or (d) employees holding informal jobs, whether employed by formal sector enterprises, informal sector enterprises, or as paid domestic workers by households. Data disaggregated by economic activity are provided according to the latest version of the International Standard Industrial Classification of All Economic Activities (ISIC) available for that year. Data may have been regrouped from national classifications, which may not be strictly compatible with ISIC. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.