Panama: Labor force participation

(measure: percent; source: The World Bank)

Panama: Labor force participation rate

: For that indicator, The World Bank provides data for Panama from 1990 to 2016. The average value for Panama during that period was 63.45 percent with a minumum of 58.91 percent in 1991 and a maximum of 66.01 percent in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The labor force participation rate is the percent of the population ages 15 and older that is economically active. That includes the employed and the unemployed individuals.

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