Labour share of GDP (%) in Panama
Panama: Labour share of GDP (%) was 36.6% in 2025. ▼ Falling
Latest (2025)
36.6%
Change on year
down 0.3%
World rank
87th
of 104 countries
All-time high
43.1%
in 2004
All-time low
30.5%
in 2014
Years of data
22
2004–2025
Labour share of GDP in Panama, 2004–2025
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Panama recorded 36.6% for labour share of gdp in 2025.
That represents a change of down 0.3% on the previous year and up 17.7% over ten years.
Over the whole period, labour share of gdp in Panama peaked at 43.1% in 2004 and was at its lowest, 30.5%, in 2014.
That places Panama 87th out of 104 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Labour share of GDP (%) in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 43.1% | — |
| 2005 | 41.5% | -3.7% |
| 2006 | 41.7% | +0.5% |
| 2007 | 39.9% | -4.3% |
| 2008 | 36.3% | -9.0% |
| 2009 | 36.0% | -0.8% |
| 2010 | 36.5% | +1.4% |
| 2011 | 34.9% | -4.4% |
| 2012 | 33.2% | -4.9% |
| 2013 | 30.8% | -7.2% |
| 2014 | 30.5% | -1.0% |
| 2015 | 31.1% | +2.0% |
| 2016 | 31.6% | +1.6% |
| 2017 | 31.4% | -0.6% |
| 2018 | 36.1% | +15.0% |
| 2019 | 37.9% | +5.0% |
| 2020 | 34.8% | -8.2% |
| 2021 | 36.9% | +6.0% |
| 2022 | 36.5% | -1.1% |
| 2023 | 36.3% | -0.5% |
| 2024 | 36.7% | +1.1% |
| 2025 | 36.6% | -0.3% |
Panama compared with similar countries
- Panama's 36.6% is below the median for high income countries, which is 55.7%, 66% of the median. (35 countries reporting)
- Panama's 36.6% is below the median for Latin America & Caribbean, which is 49.0%, 75% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.8% | 36.0% | 43.1% | 6 |
| 2010s | 33.4% | 30.5% | 37.9% | 10 |
| 2020s | 36.3% | 34.8% | 36.9% | 6 |
Countries ranked near Panama
More economy & growth data for Panama
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
Frequently asked questions
- What is labour share of gdp in Panama?
- Labour share of gdp in Panama was 36.6% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest labour share of gdp recorded in Panama?
- The highest recorded value was 43.1% in 2004.
- What is the lowest labour share of gdp recorded in Panama?
- The lowest recorded value was 30.5% in 2014.
- How does Panama rank for labour share of gdp?
- Panama ranks 87th out of 104 countries with data for 2025.
- Is labour share of gdp rising or falling in Panama?
- Over the last ten years it is up 17.7%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Labour share of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under UN SDG Global Database (open, attribution requested).