Share of private paid employees with a contract in Panama

Panama: Share of private paid employees with a contract was 0.7623 in 2021. β–² Rising

Latest (2021)
0.7623
Change on year
down 4.9%
World rank
33rd
of 48 countries
All-time high
0.8014
in 2019
All-time low
0.67
in 2006
Years of data
18
2001–2021

Share of private paid employees with a contract in Panama, 2001–2021

00.20.40.60.82001201120212001: 0.7432002: 0.6942003: 0.6922004: 0.7122005: 0.6962006: 0.672007: 0.6982008: 0.6962009: 0.7092010: 0.7382011: 0.7832012: 0.7652015: 0.7682016: 0.7632017: 0.7812018: 0.762019: 0.8012021: 0.762

Source: World Bank.

Analysis

In 2021, share of private paid employees with a contract in Panama stood at 0.7623.

The figure is down 4.9% on the previous year and down 2.7% over ten years.

Over the whole period, share of private paid employees with a contract in Panama peaked at 0.8014 in 2019 and was at its lowest, 0.67, in 2006.

Panama ranks 33rd of 48 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.701 0.67 0.7428 9
2010s 0.7699 0.7382 0.8014 8
2020s 0.7623 0.7623 0.7623 1

Countries ranked near Panama

  1. 30 Chile 0.8439 compare
  2. 31 Armenia, Republic of 0.8041 compare
  3. 32 South Africa 0.7901 compare
  4. 34 Australia 0.7351 compare
  5. 35 Ecuador 0.7175 compare
  6. 36 Dominican Republic 0.6265 compare

See the full ranking of 48 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is share of private paid employees with a contract in Panama?
Share of private paid employees with a contract in Panama was 0.7623 in 2021, according to the World Bank.
What is the highest share of private paid employees with a contract recorded in Panama?
The highest recorded value was 0.8014 in 2019.
What is the lowest share of private paid employees with a contract recorded in Panama?
The lowest recorded value was 0.67 in 2006.
How does Panama rank for share of private paid employees with a contract?
Panama ranks 33rd out of 48 countries with data for 2021.
Is share of private paid employees with a contract rising or falling in Panama?
Over the last ten years it is down 2.7%. 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 Share of private paid employees with a contract. Statizoid updates them automatically from the source API.

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Share of private paid employees with a contract in Panama. Statizoid. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/share-of-private-paid-employees-with-a-contract/panama/

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About this data

Indicator
Share of private paid employees with a contract
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
48 places, 621 data points, 2000–2021
Last refreshed