Number of paid employees in Panama

Panama: Number of paid employees was 8,668 in 2021. ▼ Falling

Latest (2021)
8,668
Change on year
down 17.2%
World rank
52nd
of 80 countries
All-time high
13,092
in 2008
All-time low
8,668
in 2021
Years of data
19
2000–2021

Number of paid employees in Panama, 2000–2021

05.0k10.0k15.0k2000201020212000: 8.8k2001: 11.8k2002: 11.9k2003: 11.8k2004: 12.4k2005: 11.4k2006: 11.8k2007: 12.8k2008: 13.1k2009: 13.0k2010: 13.1k2011: 11.6k2012: 12.0k2015: 11.3k2016: 11.2k2017: 10.5k2018: 10.2k2019: 10.5k2021: 8.7k

Source: World Bank.

Analysis

The most recent figure for number of paid employees in Panama is 8,668, measured in 2021. That is the lowest value across all 19 years on record.

That represents a change of down 17.2% on the previous year and down 25.5% over ten years.

Over the whole period, number of paid employees in Panama peaked at 13,092 in 2008 and was at its lowest, 8,668, in 2021.

That places Panama 52nd out of 80 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Number of paid employees in Panama, year by year

Annual values for Number of paid employees in Panama, 2000 to 2021.
Year Value Change
2000 8,801 —
2001 11,790 +34.0%
2002 11,859 +0.6%
2003 11,837 -0.2%
2004 12,431 +5.0%
2005 11,402 -8.3%
2006 11,763 +3.2%
2007 12,798 +8.8%
2008 13,092 +2.3%
2009 13,040 -0.4%
2010 13,077 +0.3%
2011 11,634 -11.0%
2012 12,035 +3.4%
2015 11,304 -6.1%
2016 11,184 -1.1%
2017 10,483 -6.3%
2018 10,199 -2.7%
2019 10,463 +2.6%
2021 8,668 -17.2%

Panama compared with similar countries

  • Panama's 8,668 is below the median for high income countries, which is 10,534, 82% of the median. (34 countries reporting)
  • Panama's 8,668 is below the median for Latin America & Caribbean, which is 29,212, 30% of the median. (17 countries reporting)

Biggest year-on-year movements

Years where Number of paid employees in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 +34.0% 8,801 11,790

Averages by decade

DecadeAverage LowestHighest Years
2000s 11,881 8,801 13,092 10
2010s 11,297 10,199 13,077 8
2020s 8,668 8,668 8,668 1

Countries ranked near Panama

  1. 49 Denmark 9,355 compare
  2. 50 Latvia 9,230 compare
  3. 51 Australia 9,217 compare
  4. 53 Bosnia and Herzegovina 8,662 compare
  5. 54 Serbia 8,643 compare
  6. 55 Ukraine 8,545 compare

See the full ranking of 80 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is number of paid employees in Panama?
Number of paid employees in Panama was 8,668 in 2021, according to the World Bank.
What is the highest number of paid employees recorded in Panama?
The highest recorded value was 13,092 in 2008.
What is the lowest number of paid employees recorded in Panama?
The lowest recorded value was 8,668 in 2021.
How does Panama rank for number of paid employees?
Panama ranks 52nd out of 80 countries with data for 2021.
Is number of paid employees rising or falling in Panama?
Over the last ten years it is down 25.5%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Number of paid employees. Statizoid updates them automatically from the source API.

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Number of paid employees in Panama. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/number-of-paid-employees/panama/

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About this data

Indicator
Number of paid employees
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
80 places, 1,007 data points, 2000–2022
Last refreshed