28
February, 2021
Panama
Total Workforce (000s) Sept '20
2,003
Unemployed Workers (000s) 372
Unemployment Rate 18.5%
Youth Unemployment Rate 13.0%
1,416
2,241
344
84
205
24
19 years or Under
Prime Working Age
(20
-64 years)
65 years+
Local Born
Foreign Born
Population In Thousands
1,102
1,125
1,137
1,174
1,185
2.5%
3.0% 3.2% 3.3%
4.2%
700
722
725
777
808
4.1% 4.1%
5.4% 5.3%
6.2%
2015 2016 2017 2018 2019
Male Employed Male Unemployed (%) Female Employed Female Unemployed (%)
7.3% of the population is foreign born. Approximately 140K
Panamas have emigrated.
Over 63K residence permits have been granted to Venezuelans.
68% of the population lives in urban areas.
79%
80%
79%
80%
80%
51%
51% 51%
53%
55%
2015 2016 2017 2018 2019
Male Participation Female Participation
More than 5,800 Covid-19 deaths.
Arrivals are subject to medical tests and potential
quarantine.
Some non-essential shops are closed. Night time
curfew is in place.
Impact of Covid-19 on Labor Force Over Time
Labor Force Participation Rates by Gender
Migration
Migration
Migrant Stock by Working Age (June 2020)
Latest Labor Force Statistics
Workforce
Labor Force Employed and Unemployed by Gender
Covid-19 – Daily Confirmed Cases
(7 Day Average)
Covid-19 Restriction Update (End of February 2021)
Covid-19 Update and Restrictions
Employed W orkers in Thousands
Key Sources:
https://www.ilo.org/
https://data.worldbank.org/
https://migrationdataportal.org/
https://www.un.org/development/desa/pd/
https://vivoclinic.com/
https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html
https://www.inec.gob.pa/publicaciones/Default3.aspx?ID_PUBLICACION=1037&ID_CATEGORIA=5&ID_SUBC
ATEGORIA=38
