ILOSTAT - Labour force survey — Labour force participation rate by in Panama

Panama: ILOSTAT - Labour force survey — Labour force participation rate by was 39.99 % in 2024. ▲ Rising

Latest (2024)
39.99 %
Change on year
down 2.0%
World rank
16th
of 78 countries
All-time high
43.96 %
in 2019
All-time low
35.67 %
in 2011
Years of data
13
2010–2024

ILOSTAT - Labour force survey — Labour force participation rate by in Panama, 2010–2024

0102030402010201720242010: 38.6 %2011: 35.7 %2012: 38.4 %2013: 41.5 %2014: 41.4 %2015: 39.5 %2016: 42.1 %2017: 40.8 %2018: 42.5 %2019: 44 %2021: 37.5 %2023: 40.8 %2024: 40 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for ilostat - labour force survey — labour force participation rate by in Panama is 39.99 %, measured in 2024.

Compared with earlier readings it is down 2.0% on the previous year and down 3.4% over ten years.

Over the whole period, ilostat - labour force survey — labour force participation rate by in Panama peaked at 43.96 % in 2019 and was at its lowest, 35.67 %, in 2011.

Panama ranks 16th of 78 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 13 years of available data.

ILOSTAT - Labour force survey — Labour force participation rate by in Panama, year by year

Annual values for ILOSTAT - Labour force survey — Labour force participation rate by age, 65+, rural areas — Value in Panama, 2010 to 2024.
Year % Change
2010 38.61 %
2011 35.67 % -7.6%
2012 38.44 % +7.8%
2013 41.51 % +8.0%
2014 41.4 % -0.3%
2015 39.5 % -4.6%
2016 42.08 % +6.5%
2017 40.79 % -3.1%
2018 42.53 % +4.3%
2019 43.96 % +3.4%
2021 37.52 % -14.6%
2023 40.8 % +8.7%
2024 39.99 % -2.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 40.45 % 35.67 % 43.96 % 10
2020s 39.44 % 37.52 % 40.8 % 3

Countries ranked near Panama

  1. 13 Bhutan 41.27 % compare
  2. 14 Philippines 41.19 % compare
  3. 15 New Zealand 40.19 % compare
  4. 17 Jamaica 37.58 % compare
  5. 18 Bangladesh 35.04 % compare
  6. 19 Mexico 34.93 % compare

See the full ranking of 85 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is ilostat - labour force survey — labour force participation rate by in Panama?
Ilostat - labour force survey — labour force participation rate by in Panama was 39.99 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest ilostat - labour force survey — labour force participation rate by recorded in Panama?
The highest recorded value was 43.96 % in 2019.
What is the lowest ilostat - labour force survey — labour force participation rate by recorded in Panama?
The lowest recorded value was 35.67 % in 2011.
How does Panama rank for ilostat - labour force survey — labour force participation rate by?
Panama ranks 16th out of 78 countries with data for 2024.
Is ilostat - labour force survey — labour force participation rate by rising or falling in Panama?
Over the last ten years it is down 3.4%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of ILOSTAT - Labour force survey — Labour force participation rate by age, 65+, rural areas — Value. Statizoid updates them automatically from the source API.

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ILOSTAT - Labour force survey — Labour force participation rate by in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/ilostat-labour-force-survey-labour-force-participation-rate-by-age-65-rural-areas-value/panama/

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About this data

Indicator
ILOSTAT - Labour force survey — Labour force participation rate by age, 65+, rural areas — Value
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
85 places, 1,510 data points, 1987–2025
Last refreshed

The FAOSTAT Employment indicators domain focuses on indicators related to employment in agrifood systems and rural areas. The update is performed yearly, using data from the International Labour Organization (ILO) database that contains a rich set of indicators from a wide range of topics related to labour statistics. The indicators published in FAOSTAT are derived from the labour force statistics (LFS) and rural and urban labour markets (RURURB) databases of the ILOSTAT database.