Employment to Population Ratio (15+ Years Old, Total) rose 6.96% to 54.0% in Panama in 2021, according to World Bank.
Historically, Employment to Population Ratio (15+ Years Old, Total) in Panama reached an all time high of 62.4% in 2019 and an all time low of 50.5% in 2020. When compared to Panama's main peers, Employment to Population Ratio (15+ Years Old, Total) in Colombia amounted to 55.4%, 48.6% in Costa Rica, 55.3% in Honduras and 59.7% in Nicaragua in 2021.
Panama has been ranked 101st within the group of 173 countries we follow in terms of Employment to Population Ratio (15+ Years Old, Total), 31 places below the position seen 10 years ago.
Employment to Population Ratio (15+ Years Old, Total) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belize | % | 59.0% | 59.8% | 59.8% | 59.8% | 59.7% | ||||||||||||||||
Brazil | % | 57.0% | 54.9% | 54.4% | 54.6% | 55.1% | ||||||||||||||||
Colombia | % | 63.7% | 63.1% | 62.8% | 62.2% | 60.8% | ||||||||||||||||
Costa Rica | % | 55.4% | 52.8% | 53.5% | 54.4% | 55.2% | ||||||||||||||||
El Salvador | % | 55.9% | 56.2% | 55.9% | 55.7% | 56.6% | ||||||||||||||||
Guatemala | % | 59.1% | 59.1% | 59.4% | 59.6% | 59.7% | ||||||||||||||||
Honduras | % | 60.1% | 59.1% | 60.8% | 62.7% | 59.6% | ||||||||||||||||
Mexico | % | 57.2% | 57.4% | 57.3% | 57.6% | 58.0% | ||||||||||||||||
Nicaragua | % | 62.0% | 62.7% | 63.2% | 61.8% | 61.6% | ||||||||||||||||
Panama | % | 60.9% | 60.9% | 60.1% | 61.5% | 62.4% | ||||||||||||||||
Peru | % | 73.4% | 74.0% | 74.2% | 74.5% | 74.7% | ||||||||||||||||
USA | % | 58.5% | 58.8% | 59.2% | 59.5% | 59.9% | ||||||||||||||||
Venezuela | % | 58.5% | 57.9% | 56.5% | 54.5% | 50.1% |