Labor force participation rate in Panama 2022

Published by
Aaron O'Neill,
Sep 27, 2024
In 2022, the labor participation rate among the total population aged between 15 and 64 in Panama remained nearly unchanged at around 67.59 percent. However, 2022 marked the second consecutive increase of the labor participation rate.
The labor force participation rate is the share of people aged 15 and over who are economically active (i.e. employed or actively searching for work). It is calculated by dividing the economically active population aged 15 and over by the total population aged 15 and over.

Find more key insights for the labor participation rate among the total population aged between 15 and 64 in countries like Costa Rica and Nicaragua.

Panama: Labor force participation rate from 2012 to 2022

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Release date

September 2024

Region

Panama

Survey time period

2012 to 2022

Supplementary notes

The labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.

Figures represent a modeled ILO estimate.

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