Share of workers in vulnerable employment in Panama

Panama: Share of workers in vulnerable employment was 37.9% in 2025. ▲ Rising

Latest (2025)
37.9%
Change on year
down 0.1%
World rank
72nd
of 186 countries
All-time high
42.1%
in 2022
All-time low
27.3%
in 2008
Years of data
35
1991–2025

Share of workers in vulnerable employment in Panama, 1991–2025

0102030401991200820251991: 34.3 %1992: 34.1 %1993: 33.9 %1994: 33.7 %1995: 33.5 %1996: 33.4 %1997: 33.3 %1998: 33.6 %1999: 34 %2000: 34.4 %2001: 34.9 %2002: 35.3 %2003: 35.7 %2004: 35.4 %2005: 35.1 %2006: 34.7 %2007: 32.4 %2008: 27.3 %2009: 33 %2010: 32.7 %2011: 30.8 %2012: 31 %2013: 31.6 %2014: 31.7 %2015: 32.5 %2016: 34 %2017: 34.2 %2018: 36.1 %2019: 38.1 %2020: 38.2 %2021: 37.8 %2022: 42.1 %2023: 36.1 %2024: 37.9 %2025: 37.9 %

Source: International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for share of workers in vulnerable employment in Panama is 37.9%, measured in 2025.

Compared with earlier readings it is down 0.1% on the previous year and up 16.7% over ten years.

Over the whole period, share of workers in vulnerable employment in Panama peaked at 42.1% in 2022 and was at its lowest, 27.3%, in 2008.

That places Panama 72nd out of 186 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Share of workers in vulnerable employment in Panama, year by year

Annual values for Share of workers in vulnerable employment in Panama, 1991 to 2025.
Year % Change
1991 34.3%
1992 34.1% -0.4%
1993 33.9% -0.8%
1994 33.7% -0.5%
1995 33.5% -0.5%
1996 33.4% -0.3%
1997 33.3% -0.5%
1998 33.6% +1.2%
1999 34.0% +1.0%
2000 34.4% +1.3%
2001 34.9% +1.4%
2002 35.3% +1.2%
2003 35.7% +1.1%
2004 35.4% -0.9%
2005 35.1% -0.9%
2006 34.7% -1.0%
2007 32.4% -6.8%
2008 27.3% -15.8%
2009 33.0% +21.0%
2010 32.7% -0.9%
2011 30.8% -5.9%
2012 31.0% +0.8%
2013 31.6% +2.1%
2014 31.7% +0.1%
2015 32.5% +2.5%
2016 34.0% +4.8%
2017 34.2% +0.7%
2018 36.1% +5.3%
2019 38.1% +5.6%
2020 38.2% +0.3%
2021 37.8% -1.1%
2022 42.1% +11.5%
2023 36.1% -14.4%
2024 37.9% +5.1%
2025 37.9% -0.1%

Panama compared with similar countries

  • Panama's 37.9% is above the median for high income countries, which is 9.5%, 4.0× the median. (62 countries reporting)
  • Panama's 37.9% is above the median for Latin America & Caribbean, which is 26.1%, 1.5× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.7% 33.3% 34.3% 9
2000s 33.8% 27.3% 35.7% 10
2010s 33.3% 30.8% 38.1% 10
2020s 38.3% 36.1% 42.1% 6

Countries ranked near Panama

  1. 69 Syria 38.9% compare
  2. 70 Mongolia 38.4% compare
  3. 71 Dominican Republic 38.0% compare
  4. 73 Venezuela 37.3% compare
  5. 74 Guatemala 36.2% compare
  6. 75 Paraguay 36.1% compare

See the full ranking of 186 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is share of workers in vulnerable employment in Panama?
Share of workers in vulnerable employment in Panama was 37.9% in 2025, according to International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest share of workers in vulnerable employment recorded in Panama?
The highest recorded value was 42.1% in 2022.
What is the lowest share of workers in vulnerable employment recorded in Panama?
The lowest recorded value was 27.3% in 2008.
How does Panama rank for share of workers in vulnerable employment?
Panama ranks 72nd out of 186 countries with data for 2025.
Is share of workers in vulnerable employment rising or falling in Panama?
Over the last ten years it is up 16.7%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of workers in vulnerable employment. Statizoid updates them automatically from the source API.

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Share of workers in vulnerable employment in Panama. Statizoid, drawing on International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://labour.statizoid.com/stat/share-in-vulnerable-employment/panama/

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About this data

Indicator
Share of workers in vulnerable employment
Unit
%
Source
International Labour Organization (ILOEST/ILOSTAT) and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,496 data points, 1991–2025
Last refreshed

Share of employed population who are working as independent own-account workers (self-employed without staff), or contributing family workers (self-employed in a household business or farm).