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

Panama: ILOSTAT - Labour force survey — Labour force participation rate by was 64.52 % in 2024. ▬ Flat

Latest (2024)
64.52 %
Change on year
up 1.4%
World rank
23rd
of 79 countries
All-time high
67.7 %
in 2019
All-time low
58.61 %
in 2011
Years of data
13
2010–2024

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

02040602010201720242010: 62.2 %2011: 58.6 %2012: 62.6 %2013: 64 %2014: 63 %2015: 63 %2016: 63.5 %2017: 63 %2018: 65.6 %2019: 67.7 %2021: 61.4 %2023: 63.7 %2024: 64.5 %

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

Analysis

In 2024, ilostat - labour force survey — labour force participation rate by in Panama stood at 64.52 %.

Compared with earlier readings it is up 1.4% on the previous year and up 2.4% over ten years.

Over the whole period, ilostat - labour force survey — labour force participation rate by in Panama peaked at 67.7 % in 2019 and was at its lowest, 58.61 %, in 2011.

That places Panama 23rd out of 79 countries with data for 2024, putting it in the middle of the range.

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, total (15+), rural areas — Value in Panama, 2010 to 2024.
Year % Change
2010 62.18 %
2011 58.61 % -5.7%
2012 62.63 % +6.9%
2013 63.95 % +2.1%
2014 62.98 % -1.5%
2015 63.04 % +0.1%
2016 63.53 % +0.8%
2017 62.98 % -0.9%
2018 65.62 % +4.2%
2019 67.7 % +3.2%
2021 61.35 % -9.4%
2023 63.66 % +3.8%
2024 64.52 % +1.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 63.32 % 58.61 % 67.7 % 10
2020s 63.18 % 61.35 % 64.52 % 3

Countries ranked near Panama

  1. 20 Mali 65.97 % compare
  2. 21 Malaysia 65.54 % compare
  3. 22 Jamaica 65.17 % compare
  4. 23 Dominican Republic 64.52 % compare
  5. 25 Zimbabwe 63.95 % compare
  6. 26 Ireland 63.86 % compare

See the full ranking of 86 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 64.52 % 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 67.7 % in 2019.
What is the lowest ilostat - labour force survey — labour force participation rate by recorded in Panama?
The lowest recorded value was 58.61 % in 2011.
How does Panama rank for ilostat - labour force survey — labour force participation rate by?
Panama ranks 23rd out of 79 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 up 2.4%. The long-run trend across the full record is flat.
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, total (15+), 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 08 September 2026, from https://economy.statizoid.com/stat/ilostat-labour-force-survey-labour-force-participation-rate-by-age-total-15-rural-areas/panama/

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About this data

Indicator
ILOSTAT - Labour force survey — Labour force participation rate by age, total (15+), rural areas — Value
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,544 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.