Panama: Female labor force participation
* indicates monthly or quarterly data series
Panama |
Female labor force participation rate |
---|---|
Latest value | 50.33 |
Year | 2023 |
Measure | percent |
Data availability | 1991 - 2023 |
Average | 46.32 |
Min - Max | 38.03 - 54.33 |
Source | The World Bank |
The latest value from 2023 is 50.33 percent, an increase from 49.48 percent in 2022. In comparison, the world average is 51.07 percent, based on data from 178 countries. Historically, the average for Panama from 1991 to 2023 is 46.32 percent. The minimum value, 38.03 percent, was reached in 1991 while the maximum of 54.33 percent was recorded in 2019.
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The female labor force participation rate is the percent of the female population ages 15 and older who are economically active. That includes the employed people as well as the unemployed people.
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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Labor force | 2.10 | 2023 | million people |
Unemployment rate | 6.70 | 2023 | percent |
Female unemployment | 9.35 | 2023 | percent |
Male unemployment | 6.51 | 2023 | percent |
Youth unemployment | 18.22 | 2023 | percent |
Labor force participation | 63.24 | 2023 | percent |
Labor force: percent female | 40.15 | 2023 | percent |
Female labor force participation | 50.33 | 2023 | percent |
Male labor force participation | 76.38 | 2023 | percent |
Self-employment | 44.32 | 2022 | percent |
Informal employment | 56.10 | 2020 | percent |