Labor force participation rate, aged 25-64 in Panama

Panama: Labor force participation rate, aged 25-64 was 0.8% in 2021. ▲ Rising

Latest (2021)
0.8%
Change on year
down 6.6%
World rank
68th
of 108 countries
All-time high
0.8%
in 2018
All-time low
0.6%
in 1991
Years of data
26
1989–2021

Labor force participation rate, aged 25-64 in Panama, 1989–2021

00.20.40.60.81989200520211989: 0.685 % of labor force aged 25-641991: 0.647 % of labor force aged 25-641995: 0.697 % of labor force aged 25-641997: 0.697 % of labor force aged 25-641998: 0.707 % of labor force aged 25-641999: 0.703 % of labor force aged 25-642000: 0.686 % of labor force aged 25-642001: 0.69 % of labor force aged 25-642002: 0.713 % of labor force aged 25-642003: 0.717 % of labor force aged 25-642004: 0.728 % of labor force aged 25-642005: 0.745 % of labor force aged 25-642006: 0.742 % of labor force aged 25-642007: 0.748 % of labor force aged 25-642008: 0.755 % of labor force aged 25-642009: 0.764 % of labor force aged 25-642010: 0.76 % of labor force aged 25-642011: 0.748 % of labor force aged 25-642012: 0.765 % of labor force aged 25-642013: 0.771 % of labor force aged 25-642014: 0.775 % of labor force aged 25-642015: 0.789 % of labor force aged 25-642016: 0.794 % of labor force aged 25-642017: 0.787 % of labor force aged 25-642018: 0.805 % of labor force aged 25-642021: 0.752 % of labor force aged 25-64

Source: World Bank. Measured in % of labor force aged 25-64.

Analysis

The most recent figure for labor force participation rate, aged 25-64 in Panama is 0.8%, measured in 2021.

The figure is down 6.6% on the previous year and up 0.5% over ten years.

Over the whole period, labor force participation rate, aged 25-64 in Panama peaked at 0.8% in 2018 and was at its lowest, 0.6%, in 1991.

That places Panama 68th out of 108 countries with data for 2021, putting it 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 25-64 in Panama, year by year

Annual values for Labor force participation rate, aged 25-64 (% of labor force aged 25-64) in Panama, 1989 to 2021.
Year % of labor force aged 25-64 Change
1989 0.7%
1991 0.6% -5.5%
1995 0.7% +7.7%
1997 0.7% +0.0%
1998 0.7% +1.3%
1999 0.7% -0.5%
2000 0.7% -2.5%
2001 0.7% +0.6%
2002 0.7% +3.4%
2003 0.7% +0.5%
2004 0.7% +1.6%
2005 0.7% +2.3%
2006 0.7% -0.4%
2007 0.7% +0.9%
2008 0.8% +0.9%
2009 0.8% +1.2%
2010 0.8% -0.5%
2011 0.7% -1.6%
2012 0.8% +2.2%
2013 0.8% +0.9%
2014 0.8% +0.4%
2015 0.8% +1.8%
2016 0.8% +0.7%
2017 0.8% -0.9%
2018 0.8% +2.3%
2021 0.8% -6.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.7% 0.7% 0.7% 1
1990s 0.7% 0.6% 0.7% 5
2000s 0.7% 0.7% 0.8% 10
2010s 0.8% 0.7% 0.8% 9
2020s 0.8% 0.8% 0.8% 1

Countries ranked near Panama

  1. 65 Luxembourg 0.8% compare
  2. 66 Lao People's Democratic Republic 0.8% compare
  3. 67 Serbia 0.8% compare
  4. 69 Austria 0.8% compare
  5. 70 Cambodia 0.7% compare
  6. 71 Philippines 0.7% compare

See the full ranking of 108 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is labor force participation rate, aged 25-64 in Panama?
Labor force participation rate, aged 25-64 in Panama was 0.8% in 2021, according to the World Bank.
What is the highest labor force participation rate, aged 25-64 recorded in Panama?
The highest recorded value was 0.8% in 2018.
What is the lowest labor force participation rate, aged 25-64 recorded in Panama?
The lowest recorded value was 0.6% in 1991.
How does Panama rank for labor force participation rate, aged 25-64?
Panama ranks 68th out of 108 countries with data for 2021.
Is labor force participation rate, aged 25-64 rising or falling in Panama?
Over the last ten years it is up 0.5%. 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 25-64 (% of labor force aged 25-64). Statizoid updates them automatically from the source API.

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Labor force participation rate, aged 25-64 in Panama. Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/labor-force-participation-rate-aged-25-64-percent-of-labor-force-aged-25-64/panama/

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About this data

Indicator
Labor force participation rate, aged 25-64 (% of labor force aged 25-64)
Unit
% of labor force aged 25-64
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
108 places, 1,528 data points, 1970–2021
Last refreshed