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ManpowerGroup Talent Solutions: Global QMR Q3 2023 | 42 Gross Domestic Product (GDP) Growth Year on Year Inflation Real Wage Growth Year on Year Nominal Wage Growth Year on Year Employed and Unemployed Population over Time Labor Force Participation Rate (15-64 years) Economic Factors Real Wage Growth is adjusted for inflation. Nominal Wages are not adjusted for inflation. Due to rounding, various data sources and time frames figures may not calculate exactly. Key Sources: ILOSTAT, https://www.ilo.org/digitalguides/en-gb/story/globalwagereport2022-23#home https://www.imf.org/en/ www.oecd.org https://ec.europa.eu/eurostat/data/ Panama 1, 94 1,947 1,637 1,632 1,632 1,497 1,697 1,752 1,977 Employed Population in Thousands 121 120 399 372 371 340 2 297 172 6.0% 5. % 19.6% 1 .5% 1 .5% 1 .5% 14.5% 14.5% .0% 3 1 3 1 3 1 3 1 3 2019 2020 2021 2022 2023 nemployed Workers in Thousands and nemployment ate 2.7% 3.6% 3.7% 0. % 0.2% 3.4% 56.3% 5 .6% 61.0% 60.7% 52.9% 56.4% 2017 201 2019 2020 2021 2022 Male Participation Female Participation Total Population: 4.4 million Just under 31% of the population is under 18 years Median Age: 29.3 years 69% of the population live in Urban Areas Population Growth and Population Statistics Distribution of Employment by Status in Employment and Gender Informal Employment is estimated to be 56% of Total Employment ILOSTAT https://www.macrotrends.net/ https://datareportal.com/