[World Bank] Proportion of population covered by labour market in Panama

Panama: [World Bank] Proportion of population covered by labour market was 2.0% in 2024. ◆ Volatile

Latest (2024)
2.0%
Change on year
up 100.0%
World rank
10th
of 24 countries
All-time high
15.0%
in 2008
All-time low
1.0%
in 2009
Years of data
13
2008–2024

[World Bank] Proportion of population covered by labour market in Panama, 2008–2024

0510152008201620242008: 152009: 12010: 12011: 12014: 12015: 12016: 12017: 12018: 12019: 22021: 12023: 12024: 2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for [world bank] proportion of population covered by labour market in Panama is 2.0%, measured in 2024.

The figure is up 100.0% on the previous year and up 100.0% over ten years.

Over the whole period, [world bank] proportion of population covered by labour market in Panama peaked at 15.0% in 2008 and was at its lowest, 1.0%, in 2009.

Panama ranks 10th of 24 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

[World Bank] Proportion of population covered by labour market in Panama, year by year

Annual values for [World Bank] Proportion of population covered by labour market programs (%) in Panama, 2008 to 2024.
Year Value Change
2008 15.0% —
2009 1.0% -93.3%
2010 1.0% +0.0%
2011 1.0% +0.0%
2014 1.0% +0.0%
2015 1.0% +0.0%
2016 1.0% +0.0%
2017 1.0% +0.0%
2018 1.0% +0.0%
2019 2.0% +100.0%
2021 1.0% -50.0%
2023 1.0% +0.0%
2024 2.0% +100.0%

Panama compared with similar countries

  • Panama's 2.0% is above the median for Latin America & Caribbean, which is 2.0%, 1.0× the median. (10 countries reporting)
  • Panama's 2.0% is below the median for high income countries, which is 3.0%, 67% of the median. (7 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.0% 1.0% 15.0% 2
2010s 1.1% 1.0% 2.0% 8
2020s 1.3% 1.0% 2.0% 3

Countries ranked near Panama

  1. 10 Brazil 2.0% compare
  2. 10 El Salvador 2.0% compare
  3. 10 Türkiye 2.0% compare
  4. 10 Viet Nam 2.0% compare
  5. 10 Turkey 2.0% compare
  6. 10 Vietnam 2.0% compare

See the full ranking of 24 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is [world bank] proportion of population covered by labour market in Panama?
[world bank] proportion of population covered by labour market in Panama was 2.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest [world bank] proportion of population covered by labour market recorded in Panama?
The highest recorded value was 15.0% in 2008.
What is the lowest [world bank] proportion of population covered by labour market recorded in Panama?
The lowest recorded value was 1.0% in 2009.
How does Panama rank for [world bank] proportion of population covered by labour market?
Panama ranks 10th out of 24 countries with data for 2024.
Is [world bank] proportion of population covered by labour market rising or falling in Panama?
Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of [World Bank] Proportion of population covered by labour market programs (%). Statizoid updates them automatically from the source API.

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[World Bank] Proportion of population covered by labour market in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 13 November 2026, from https://labour.statizoid.com/stat/world-bank-proportion-of-population-covered-by-labour-market-programs-percent/panama/

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About this data

Indicator
[World Bank] Proportion of population covered by labour market programs (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
24 places, 226 data points, 2005–2024
Last refreshed