In 2022, the percentage of informal employment in Panama stood at 54.9 percent of the total employed population. The share of employment informality has continuously increased over the past decade until 2020 when Panama reached its highest level. Panama is among the countries with the highest level of informal employment in Latin America.
Informal employment as percentage of total employment in Panama from 2010 to 2023
According to the source's definition: "Employment in the informal sector refers all persons who, during a given reference period, were employed in at least one informal sector enterprise, irrespective of their status in employment and whether it was their main or a secondary job. An informal sector enterprise is (1) an unincorporated enterprise and (2) a market enterprise (i.e., it sells at least some of the goods or services it produces), and (3) meets at least one of the following criteria: (i) the enterprise is not registered, (ii) the employees of the enterprise are not registered, or (iii) the number of persons engaged on a continuous basis is below a threshold determined by the country."
The release date given is the last update date provided by the source.
The source does not provide data for 2022.
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ILO. (March 27, 2024). Informal employment as percentage of total employment in Panama from 2010 to 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1039968/informal-employment-share-panama/
ILO. "Informal employment as percentage of total employment in Panama from 2010 to 2023." Chart. March 27, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1039968/informal-employment-share-panama/
ILO. (2024). Informal employment as percentage of total employment in Panama from 2010 to 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1039968/informal-employment-share-panama/
ILO. "Informal Employment as Percentage of Total Employment in Panama from 2010 to 2023." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1039968/informal-employment-share-panama/
ILO, Informal employment as percentage of total employment in Panama from 2010 to 2023 Statista, https://www.statista.com/statistics/1039968/informal-employment-share-panama/ (last visited August 25, 2024)
Informal employment as percentage of total employment in Panama from 2010 to 2023 [Graph], ILO, March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1039968/informal-employment-share-panama/