Share in informal employment in Panama

Panama: Share in informal employment was 56.13 in 2023. β–¬ Flat

Latest (2023)
56.13
Change on year
up 0.8%
World rank
28th
of 80 countries
All-time high
58.08
in 2003
All-time low
46.55
in 2011
Years of data
18
2003–2023

Share in informal employment in Panama, 2003–2023

02040602003201320232003: 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: 56.1

Source: Our World in Data.

Analysis

The most recent figure for share in informal employment in Panama is 56.13, measured in 2023.

Compared with earlier readings it is up 0.8% on the previous year and up 17.3% over ten years.

Over the whole period, share in informal employment in Panama peaked at 58.08 in 2003 and was at its lowest, 46.55, in 2011.

Panama ranks 28th of 80 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 54.3 51.01 58.08 5
2010s 48.91 46.55 52.8 10
2020s 55.98 55.67 56.14 3

Countries ranked near Panama

  1. 25 Kyrgyzstan 58.84 compare
  2. 26 Mexico 56.33 compare
  3. 27 Colombia 56.14 compare
  4. 29 Namibia 55.76 compare
  5. 30 Dominican Republic 55.68 compare
  6. 31 Jordan 55.12 compare

See the full ranking of 80 places β†’

More work & labour data for Panama

All data for Panama β†’

Frequently asked questions

What is share in informal employment in Panama?
Share in informal employment in Panama was 56.13 in 2023, according to Our World in Data.
What is the highest share in informal employment recorded in Panama?
The highest recorded value was 58.08 in 2003.
What is the lowest share in informal employment recorded in Panama?
The lowest recorded value was 46.55 in 2011.
How does Panama rank for share in informal employment?
Panama ranks 28th out of 80 countries with data for 2023.
Is share in informal employment rising or falling in Panama?
Over the last ten years it is up 17.3%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Share in informal employment. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share in informal employment
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
80 places, 1,095 data points, 2000–2024
Last refreshed