{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"ILO Terms of Use (attribution required)","slug":"share-of-employment-outside-the-formal-sector-previous-ilo-definition-icls13","source":"International Labour Organization","source_url":"https://ilostat.ilo.org/data/","title":"Share of employment outside the formal sector (previous ILO definition - ICLS13)","unit":null},"observations":[{"date":"2003-01-01","value":57.211},{"date":"2008-01-01","value":49.98},{"date":"2011-01-01","value":37.028},{"date":"2012-01-01","value":37.863},{"date":"2013-01-01","value":37.881},{"date":"2014-01-01","value":38.224},{"date":"2015-01-01","value":37.877},{"date":"2016-01-01","value":39.235},{"date":"2017-01-01","value":39.143},{"date":"2018-01-01","value":41.156},{"date":"2019-01-01","value":43.886},{"date":"2020-01-01","value":49.114},{"date":"2021-01-01","value":45.579},{"date":"2023-01-01","value":45.949},{"date":"2024-01-01","value":48.212},{"date":"2025-01-01","value":45.006}],"summary":{"latest_period":"2025-01-01","latest_value":45.006,"max":57.211,"mean":43.334,"min":37.028,"of":81,"rank":31,"trend":"flat"}}