Home / Labor participation / Panama
Panama — Labor participation
Labor Force Participation Rate for Panama, 1990–2025.
Latest value · 2025
66.30%
Labor Force Participation Rate · % of population ages 15+ · +21.7% since 1990
Labor participation for Panama was 66.30% in 2025, according to the latest World Bank data. The series covers 36 years, from 1990 to 2025. The highest recorded value was 68.51% in 2019. The lowest was 54.47% in 1990 (about 1.2× the low point). Across that span the compound annual growth rate works out to 0.56% per year.
Panama ranks 51 of 187 economies on this measure (1 = highest), putting it in the top 27%. The median for Latin America & Caribbean is 63.14%, so Panama sits above it. It peaked in 2019 and has fallen 3% since. Over the last decade (2015–2025) the figure moved up 1%.
Key figures
Latest (2025)
66.30%
First (1990)
54.47%
Change
+21.7%
Highest
68.51%
in 2019
Lowest
54.47%
in 1990
Average
63.69%
Annual growth (CAGR)
0.56%
Years of data
36
Recent years
| Year | % of population ages 15+ |
|---|---|
| 2025 | 66.3% |
| 2024 | 66.32% |
| 2023 | 65.14% |
| 2022 | 66.32% |
| 2021 | 62.8% |
| 2020 | 66.4% |
| 2019 | 68.51% |
| 2018 | 67.57% |
| 2017 | 65.87% |
| 2016 | 66.19% |
| 2015 | 65.65% |
| 2014 | 65.7% |
Reading this correctly. Proportion of the population aged 15 and above that is economically active: supplying labor for the production of goods and services. Figures are in % of population ages 15+. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SL.TLF.CACT.ZS — Labor Force Participation Rate. Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.