Share of Self-employed people in [industry] out of total employment in Panama

Panama: Share of Self-employed people in [industry] out of total employment was 43.06 % in 2024. ▲ Rising

Latest (2024)
43.06 %
Change on year
up 3.5%
World rank
21st
of 68 countries
All-time high
43.06 %
in 2024
All-time low
31.44 %
in 2008
Years of data
11
2003–2024

Share of Self-employed people in [industry] out of total employment in Panama, 2003–2024

0102030402003201320242003: 39 %2006: 40.2 %2007: 37.3 %2008: 31.4 %2009: 36.7 %2011: 35.9 %2012: 34.1 %2013: 34.1 %2014: 35 %2023: 41.6 %2024: 43.1 %

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

Analysis

Panama recorded 43.06 % for share of self-employed people in [industry] out of total employment in 2024. That is the highest value across all 11 years on record.

The figure is up 3.5% on the previous year and up 23.2% over ten years.

Over the whole period, share of self-employed people in [industry] out of total employment in Panama peaked at 43.06 % in 2024 and was at its lowest, 31.44 %, in 2008.

That places Panama 21st out of 68 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Share of Self-employed people in [industry] out of total employment in Panama, year by year

Annual values for Share of Self-employed people in [industry] out of total employment in [industry] by [sex]: Total employment — Value — Male — All age ranges or no breakdown by age — National in Panama, 2003 to 2024.
Year % Change
2003 38.96 %
2006 40.16 % +3.1%
2007 37.31 % -7.1%
2008 31.44 % -15.7%
2009 36.73 % +16.8%
2011 35.88 % -2.3%
2012 34.15 % -4.8%
2013 34.08 % -0.2%
2014 34.95 % +2.6%
2023 41.6 % +19.0%
2024 43.06 % +3.5%

Panama compared with similar countries

  • Panama's 43.06 % is above the median for high income countries, which is 19.1 %, 2.3× the median. (19 countries reporting)
  • Panama's 43.06 % is above the median for Latin America & Caribbean, which is 30.82 %, 1.4× the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 36.92 % 31.44 % 40.16 % 5
2010s 34.77 % 34.08 % 35.88 % 4
2020s 42.33 % 41.6 % 43.06 % 2

Countries ranked near Panama

  1. 18 Peru 47.84 % compare
  2. 19 Jamaica 46.46 % compare
  3. 20 Ecuador 44.32 % compare
  4. 22 Cambodia 42.96 % compare
  5. 23 Sri Lanka 42.82 % compare
  6. 24 Botswana 40.9 % compare

See the full ranking of 77 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is share of self-employed people in [industry] out of total employment in Panama?
Share of self-employed people in [industry] out of total employment in Panama was 43.06 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest share of self-employed people in [industry] out of total employment recorded in Panama?
The highest recorded value was 43.06 % in 2024.
What is the lowest share of self-employed people in [industry] out of total employment recorded in Panama?
The lowest recorded value was 31.44 % in 2008.
How does Panama rank for share of self-employed people in [industry] out of total employment?
Panama ranks 21st out of 68 countries with data for 2024.
Is share of self-employed people in [industry] out of total employment rising or falling in Panama?
Over the last ten years it is up 23.2%. 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 Share of Self-employed people in [industry] out of total employment in [industry] by [sex]: Total employment — Value — Male — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.

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Share of Self-employed people in [industry] out of total employment in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/share-of-self-employed-people-in-industry-out-of-total-employment-in-industry-by-sex-5/panama/

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About this data

Indicator
Share of Self-employed people in [industry] out of total employment in [industry] by [sex]: Total employment — Value — Male — All age ranges or no breakdown by age — National
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
77 places, 1,154 data points, 2000–2025
Last refreshed

The Suite of Gender Indicators presents a set of indicators relevant to agrifood systems that are disaggregated by sex, with the aim of highlighting gender differences across agrifood systems. The initial set of indicators is based on those used in FAO’s 2023 Status of Women in Agrifood Systems (SWAFS) report and on the recommendations of an expert consultation held in December 2023, and covers key dimensions including economic participation, governance, agency, social norms, assets and services, education, health, and nutrition. Indicator selection was informed by expert judgment and by the availability of data with sufficient geographic and temporal coverage to enable meaningful comparisons across regions and over time. While most indicators are produced and published by FAO and other international organizations, the objective of this domain is to provide a one-stop shop for sex-disaggregated data on agrifood systems.