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
ILOSTAT - Labour force survey — Labour force participation rate by in Panama, 2010–2024
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
| 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 40.45 % | 35.67 % | 43.96 % | 10 |
| 2020s | 39.44 % | 37.52 % | 40.8 % | 3 |
Countries ranked near Panama
- 13 Bhutan 41.27 % compare
- 14 Philippines 41.19 % compare
- 15 New Zealand 40.19 % compare
- 17 Jamaica 37.58 % compare
- 18 Bangladesh 35.04 % compare
- 19 Mexico 34.93 % compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -7.13 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2986 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 5,722 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -4.99 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3932 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 7,533 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate -4.99 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.3932 current LCU per US$ of GDP (2024)
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.
Download this data
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About this data
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.