Youth informal employment rate (previous ILO definition - ICLS13) in Panama

Panama: Youth informal employment rate (previous ILO definition - ICLS13) was 57.24 in 2025. ▲ Rising

Latest (2025)
57.24
Change on year
down 6.8%
World rank
33rd
of 56 countries
All-time high
63.85
in 2003
All-time low
45.37
in 2011
Years of data
20
2003–2025

Youth informal employment rate (previous ILO definition - ICLS13) in Panama, 2003–2025

02040602003201420252003: 63.92006: 58.52007: 57.82008: 52.52009: 52.42010: 48.72011: 45.42012: 47.42013: 48.32014: 48.42015: 48.42016: 50.42017: 49.82018: 52.92019: 562020: 61.92021: 61.82023: 60.12024: 61.42025: 57.2

Source: International Labour Organization.

Analysis

In 2025, youth informal employment rate (previous ilo definition - icls13) in Panama stood at 57.24.

The figure is down 6.8% on the previous year and up 18.2% over ten years.

Over the whole period, youth informal employment rate (previous ilo definition - icls13) in Panama peaked at 63.85 in 2003 and was at its lowest, 45.37, in 2011.

That places Panama 33rd out of 56 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Youth informal employment rate (previous ILO definition - ICLS13) in Panama, year by year

Annual values for Youth informal employment rate (previous ILO definition - ICLS13) (15-29) in Panama, 2003 to 2025.
Year Value Change
2003 63.85
2006 58.48 -8.4%
2007 57.76 -1.2%
2008 52.47 -9.2%
2009 52.4 -0.1%
2010 48.66 -7.1%
2011 45.37 -6.8%
2012 47.39 +4.4%
2013 48.34 +2.0%
2014 48.35 +0.0%
2015 48.45 +0.2%
2016 50.37 +4.0%
2017 49.77 -1.2%
2018 52.87 +6.2%
2019 55.98 +5.9%
2020 61.87 +10.5%
2021 61.8 -0.1%
2023 60.07 -2.8%
2024 61.44 +2.3%
2025 57.24 -6.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 56.99 52.4 63.85 5
2010s 49.55 45.37 55.98 10
2020s 60.48 57.24 61.87 5

Countries ranked near Panama

  1. 30 Mexico 61 compare
  2. 31 Viet Nam 58.89 compare
  3. 32 Thailand 57.31 compare
  4. 34 Jordan 55.71 compare
  5. 35 Colombia 55.63 compare
  6. 36 Republic of Moldova 54.52 compare

See the full ranking of 56 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is youth informal employment rate (previous ilo definition - icls13) in Panama?
Youth informal employment rate (previous ilo definition - icls13) in Panama was 57.24 in 2025, according to International Labour Organization.
What is the highest youth informal employment rate (previous ilo definition - icls13) recorded in Panama?
The highest recorded value was 63.85 in 2003.
What is the lowest youth informal employment rate (previous ilo definition - icls13) recorded in Panama?
The lowest recorded value was 45.37 in 2011.
How does Panama rank for youth informal employment rate (previous ilo definition - icls13)?
Panama ranks 33rd out of 56 countries with data for 2025.
Is youth informal employment rate (previous ilo definition - icls13) rising or falling in Panama?
Over the last ten years it is up 18.2%. 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 Youth informal employment rate (previous ILO definition - ICLS13) (15-29). Statizoid updates them automatically from the source API.

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Youth informal employment rate (previous ILO definition - ICLS13) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 11 September 2026, from https://labour.statizoid.com/stat/youth-informal-employment-rate-previous-ilo-definition-icls13-15-29/panama/

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About this data

Indicator
Youth informal employment rate (previous ILO definition - ICLS13) (15-29)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
56 places, 743 data points, 1999–2026
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. This harmonized series for informal employment is derived using the same set of criteria across countries to improve comparability. The criteria used are based on employment status, institutional sector, destination of production, bookkeeping, registration, social security contribution, places of work and size. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.