Wage employment in services, aged 25-64 in Panama

Panama: Wage employment in services, aged 25-64 was 0.7% in 2021. ▼ Falling

Latest (2021)
0.7%
Change on year
down 2.6%
World rank
57th
of 90 countries
All-time high
0.8%
in 1991
All-time low
0.7%
in 2021
Years of data
26
1989–2021

Wage employment in services, aged 25-64 in Panama, 1989–2021

00.20.40.60.81989200520211989: 0.777 % of workers aged 25-64 in the service sector1991: 0.789 % of workers aged 25-64 in the service sector1995: 0.773 % of workers aged 25-64 in the service sector1997: 0.762 % of workers aged 25-64 in the service sector1998: 0.745 % of workers aged 25-64 in the service sector1999: 0.741 % of workers aged 25-64 in the service sector2000: 0.755 % of workers aged 25-64 in the service sector2001: 0.756 % of workers aged 25-64 in the service sector2002: 0.731 % of workers aged 25-64 in the service sector2003: 0.73 % of workers aged 25-64 in the service sector2004: 0.726 % of workers aged 25-64 in the service sector2005: 0.717 % of workers aged 25-64 in the service sector2006: 0.73 % of workers aged 25-64 in the service sector2007: 0.753 % of workers aged 25-64 in the service sector2008: 0.749 % of workers aged 25-64 in the service sector2009: 0.739 % of workers aged 25-64 in the service sector2010: 0.752 % of workers aged 25-64 in the service sector2011: 0.773 % of workers aged 25-64 in the service sector2012: 0.773 % of workers aged 25-64 in the service sector2013: 0.772 % of workers aged 25-64 in the service sector2014: 0.761 % of workers aged 25-64 in the service sector2015: 0.745 % of workers aged 25-64 in the service sector2016: 0.731 % of workers aged 25-64 in the service sector2017: 0.738 % of workers aged 25-64 in the service sector2018: 0.715 % of workers aged 25-64 in the service sector2021: 0.697 % of workers aged 25-64 in the service sector

Source: World Bank. Measured in % of workers aged 25-64 in the service sector.

Analysis

In 2021, wage employment in services, aged 25-64 in Panama stood at 0.7%. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 2.6% on the previous year and down 9.9% over ten years.

Over the whole period, wage employment in services, aged 25-64 in Panama peaked at 0.8% in 1991 and was at its lowest, 0.7%, in 2021.

That places Panama 57th out of 90 countries with data for 2021, putting it in the middle of the range.

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

Wage employment in services, aged 25-64 in Panama, year by year

Annual values for Wage employment in services, aged 25-64 (% of workers aged 25-64 in the service sector) in Panama, 1989 to 2021.
Year % of workers aged 25-64 in the service sector Change
1989 0.8%
1991 0.8% +1.6%
1995 0.8% -2.1%
1997 0.8% -1.4%
1998 0.7% -2.3%
1999 0.7% -0.5%
2000 0.8% +1.9%
2001 0.8% +0.2%
2002 0.7% -3.4%
2003 0.7% -0.0%
2004 0.7% -0.6%
2005 0.7% -1.2%
2006 0.7% +1.9%
2007 0.8% +3.1%
2008 0.7% -0.4%
2009 0.7% -1.4%
2010 0.8% +1.7%
2011 0.8% +2.8%
2012 0.8% -0.1%
2013 0.8% -0.1%
2014 0.8% -1.4%
2015 0.7% -2.2%
2016 0.7% -1.8%
2017 0.7% +1.0%
2018 0.7% -3.2%
2021 0.7% -2.6%

Averages by decade

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

Countries ranked near Panama

  1. 54 Sri Lanka 0.7% compare
  2. 55 Brazil 0.7% compare
  3. 56 Mexico 0.7% compare
  4. 58 Belize 0.7% compare
  5. 59 Jamaica 0.7% compare
  6. 60 Kyrgyzstan 0.7% compare

See the full ranking of 90 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is wage employment in services, aged 25-64 in Panama?
Wage employment in services, aged 25-64 in Panama was 0.7% in 2021, according to the World Bank.
What is the highest wage employment in services, aged 25-64 recorded in Panama?
The highest recorded value was 0.8% in 1991.
What is the lowest wage employment in services, aged 25-64 recorded in Panama?
The lowest recorded value was 0.7% in 2021.
How does Panama rank for wage employment in services, aged 25-64?
Panama ranks 57th out of 90 countries with data for 2021.
Is wage employment in services, aged 25-64 rising or falling in Panama?
Over the last ten years it is down 9.9%. 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 Wage employment in services, aged 25-64 (% of workers aged 25-64 in the service sector). Statizoid updates them automatically from the source API.

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Wage employment in services, aged 25-64 in Panama. Statizoid. Retrieved 06 September 2026, from https://reference.statizoid.com/stat/wage-employment-in-services-aged-25-64-percent-of-workers-aged-25-64-in-the-service-sector/panama/

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About this data

Indicator
Wage employment in services, aged 25-64 (% of workers aged 25-64 in the service sector)
Unit
% of workers aged 25-64 in the service sector
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 1,259 data points, 1970–2021
Last refreshed