Self-Employed (As % of Total Workforce) fell 4.86% to 37.3% in Panama in 2020, according to World Bank.
Historically, Self-Employed (As % of Total Workforce) in Panama reached an all time high of 39.9% in 1988 and an all time low of 30.6% in 2008. When compared to Panama's main peers, Self-Employed (As % of Total Workforce) in Colombia amounted to 51.0%, 25.1% in Costa Rica, 51.2% in Honduras and 46.2% in Nicaragua in 2020.
Panama has been ranked 82nd within the group of 173 countries we follow in terms of Self-Employed (As % of Total Workforce), 11 places above the position seen 10 years ago.
| Self-Employed (As % of Total Workforce) | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| Belize | % | 30.8% | 32.0% | 33.5% | 33.2% | 33.6% | ||||||||||||||||
| Brazil | % | 30.0% | 31.3% | 31.8% | 32.3% | 32.8% | ||||||||||||||||
| Colombia | % | 51.5% | 51.0% | 51.1% | 51.1% | 51.4% | ||||||||||||||||
| Costa Rica | % | 24.4% | 24.3% | 23.4% | 24.3% | 25.1% | ||||||||||||||||
| El Salvador | % | 39.6% | 40.4% | 40.0% | 40.2% | 38.8% | ||||||||||||||||
| Guatemala | % | 40.7% | 39.7% | 37.7% | 40.5% | 39.8% | ||||||||||||||||
| Honduras | % | 50.3% | 51.4% | 48.3% | 52.4% | 51.4% | ||||||||||||||||
| Mexico | % | 32.2% | 32.1% | 31.7% | 31.5% | 31.6% | ||||||||||||||||
| Nicaragua | % | 45.7% | 44.8% | 43.9% | 43.0% | 42.8% | ||||||||||||||||
| Panama | % | 32.7% | 33.7% | 35.8% | 35.1% | 37.4% | ||||||||||||||||
| Peru | % | 54.9% | 54.1% | 54.6% | 55.0% | 55.2% | ||||||||||||||||
| USA | % | 6.45% | 6.44% | 6.39% | 6.25% | 6.28% | ||||||||||||||||
| Venezuela | % | 35.8% | 36.6% | 38.0% | 39.5% | 41.2% |
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