Panama: Informal employment
* indicates monthly or quarterly data series
| Panama |
Informal employment, percent of total employment |
|---|---|
| Latest value | 56.10 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2003 - 2020 |
| Average | 50.33 |
| Min - Max | 46.50 - 58.10 |
| Source | International Labour Organization |
The latest value from 2020 is 56.1 percent, an increase from 52.8 percent in 2019. In comparison, the world average is 47.30 percent, based on data from 26 countries. Historically, the average for Panama from 2003 to 2020 is 50.33 percent. The minimum value, 46.5 percent, was reached in 2011 while the maximum of 58.1 percent was recorded in 2003.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Informal employment as percent of total employment. Derived from national surveys conducted by the International Labour Organization.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| 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 |