The labor force participation rate in Panama

Demographics Age (% in 2023)

Adult	61.88	WB
Youth	42.74	WB

Gender (% in 2023)

Male	51.47	WB
Female	33.52	WB

Central America and the Caribbean (%)

Saint Lucia	58.35 in 2023	WB
Saint Kitts and Nevis	53.29 in 1991	WB
Antigua and Barbuda	46.28 in 2001	WB
Honduras	40.4 in 2023	WB
Barbados	40.25 in 2023	WB
Belize	38.1 in 2023	WB
Bahamas	37.82 in 2023	WB
Saint Vincent and the Grenadines	37.74 in 2023	WB
Dominican Republic	36 in 2023	WB
Dominica	35.43 in 2001	WB
Guatemala	33.75 in 2023	WB
Costa Rica	33.65 in 2023	WB
Panama	33.52 in 2023	WB
Trinidad and Tobago	31.33 in 2023	WB
Cuba	31.11 in 2023	WB
Haiti	30.68 in 2023	WB
El Salvador	30.35 in 2023	WB
Jamaica	30.22 in 2023	WB
Grenada	29.95 in 2020	WB
Nicaragua	29.09 in 2023	WB
Puerto Rico	13.31 in 2023	WB

Labor

Average Working Hours	8.79 Hours Per Week in 2014	WB
Employment	15.3 % in 2022	WB + 1 other
Employment Rate	58.4 % in 2023	WB
Labor Force	40.15 % in 2023	WB + 1 other
Labor Force Participation Rate	33.52 % in 2023	WB
Underemployment	11.71 % in 2021	WB
Unemployment	8.84 Percent of total labor force in 2023	IMF + 2 others

Labor