Panama: Self-employment

The latest value from 2022 is 44.32 percent, an increase from 40.85 percent in 2021. In comparison, the world average is 40.56 percent, based on data from 179 countries. Historically, the average for Panama from 1991 to 2022 is 35.3 percent. The minimum value, 31.98 percent, was reached in 2012 while the maximum of 44.32 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs." i.e. jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers include four sub-categories of employers, own-account workers, members of producers' cooperatives, and contributing family workers.