Labor force participation rate, aged 15-64, total in Panama

Panama: Labor force participation rate, aged 15-64, total was 0.7% in 2021. ▲ Rising

Latest (2021)
0.7%
Change on year
down 7.1%
World rank
77th
of 111 countries
All-time high
0.7%
in 2018
All-time low
0.6%
in 1991
Years of data
26
1989–2021

Labor force participation rate, aged 15-64, total in Panama, 1989–2021

00.20.40.60.81989200520211989: 0.617 % of total labor force in working age1991: 0.572 % of total labor force in working age1995: 0.622 % of total labor force in working age1997: 0.623 % of total labor force in working age1998: 0.637 % of total labor force in working age1999: 0.632 % of total labor force in working age2000: 0.613 % of total labor force in working age2001: 0.611 % of total labor force in working age2002: 0.634 % of total labor force in working age2003: 0.643 % of total labor force in working age2004: 0.652 % of total labor force in working age2005: 0.673 % of total labor force in working age2006: 0.665 % of total labor force in working age2007: 0.671 % of total labor force in working age2008: 0.684 % of total labor force in working age2009: 0.691 % of total labor force in working age2010: 0.684 % of total labor force in working age2011: 0.67 % of total labor force in working age2012: 0.684 % of total labor force in working age2013: 0.688 % of total labor force in working age2014: 0.687 % of total labor force in working age2015: 0.694 % of total labor force in working age2016: 0.696 % of total labor force in working age2017: 0.694 % of total labor force in working age2018: 0.711 % of total labor force in working age2021: 0.661 % of total labor force in working age

Source: World Bank. Measured in % of total labor force in working age.

Analysis

The most recent figure for labor force participation rate, aged 15-64, total in Panama is 0.7%, measured in 2021.

The figure is down 7.1% on the previous year and down 1.4% over ten years.

Over the whole period, labor force participation rate, aged 15-64, total in Panama peaked at 0.7% in 2018 and was at its lowest, 0.6%, in 1991.

Panama ranks 77th of 111 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Labor force participation rate, aged 15-64, total in Panama, year by year

Annual values for Labor force participation rate, aged 15-64, total (% of total labor force in working age) in Panama, 1989 to 2021.
Year % of total labor force in working age Change
1989 0.6%
1991 0.6% -7.4%
1995 0.6% +8.7%
1997 0.6% +0.3%
1998 0.6% +2.1%
1999 0.6% -0.7%
2000 0.6% -2.9%
2001 0.6% -0.4%
2002 0.6% +3.8%
2003 0.6% +1.4%
2004 0.7% +1.4%
2005 0.7% +3.2%
2006 0.7% -1.2%
2007 0.7% +1.0%
2008 0.7% +1.9%
2009 0.7% +1.1%
2010 0.7% -1.1%
2011 0.7% -2.0%
2012 0.7% +2.0%
2013 0.7% +0.6%
2014 0.7% -0.1%
2015 0.7% +1.1%
2016 0.7% +0.3%
2017 0.7% -0.4%
2018 0.7% +2.5%
2021 0.7% -7.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.6% 0.6% 0.6% 1
1990s 0.6% 0.6% 0.6% 5
2000s 0.7% 0.6% 0.7% 10
2010s 0.7% 0.7% 0.7% 9
2020s 0.7% 0.7% 0.7% 1

Countries ranked near Panama

  1. 74 Ukraine 0.7% compare
  2. 75 Dominican Republic 0.7% compare
  3. 76 Honduras 0.7% compare
  4. 78 North Macedonia 0.7% compare
  5. 79 El Salvador 0.6% compare
  6. 80 Mexico 0.6% compare

See the full ranking of 111 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is labor force participation rate, aged 15-64, total in Panama?
Labor force participation rate, aged 15-64, total in Panama was 0.7% in 2021, according to the World Bank.
What is the highest labor force participation rate, aged 15-64, total recorded in Panama?
The highest recorded value was 0.7% in 2018.
What is the lowest labor force participation rate, aged 15-64, total recorded in Panama?
The lowest recorded value was 0.6% in 1991.
How does Panama rank for labor force participation rate, aged 15-64, total?
Panama ranks 77th out of 111 countries with data for 2021.
Is labor force participation rate, aged 15-64, total rising or falling in Panama?
Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Labor force participation rate, aged 15-64, total (% of total labor force in working age). Statizoid updates them automatically from the source API.

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Labor force participation rate, aged 15-64, total in Panama. Statizoid. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/labor-force-participation-rate-aged-15-64-total-percent-of-total-labor-force-in-working/panama/

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About this data

Indicator
Labor force participation rate, aged 15-64, total (% of total labor force in working age)
Unit
% of total labor force in working age
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 1,633 data points, 1970–2021
Last refreshed