The rate of self-employment in Panama is lower than the average rate in Latin America and the Caribbean. In 2019, approximately 37.37 percent of the employed population of Panama were considered self-employed, or having a job where the remuneration is directly dependent upon the profits derived from the goods and services provided. The share of self-employed people in Panama is expected to decrease by 2024.
Self-employed workers as share of total employed population in Panama from 2012 to 2024
* Starting from the indicated year, figures are forecasts (as of November 2019).
According to ILO, self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a "self-employment jobs", which are commonly characterized as jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced. Self-employed workers comprise four sub-categories: employers, own-account workers, members of producers' cooperatives, and contributing family workers.
The figures are calculated from the total employed population. Self-employment status does not include employees (workers who hold the type of jobs defined as “paid employment jobs”, where the incumbents hold employment contracts that give them a basic remuneration), workers not classifiable by status, unemployed or non-economically active population.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
ILO. (November 30, 2019). Self-employed workers as share of total employed population in Panama from 2012 to 2024 [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1038790/share-self-employed-workers-panama/
ILO. "Self-employed workers as share of total employed population in Panama from 2012 to 2024." Chart. November 30, 2019. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1038790/share-self-employed-workers-panama/
ILO. (2019). Self-employed workers as share of total employed population in Panama from 2012 to 2024. Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1038790/share-self-employed-workers-panama/
ILO. "Self-employed Workers as Share of Total Employed Population in Panama from 2012 to 2024." Statista, Statista Inc., 30 Nov 2019, https://www.statista.com/statistics/1038790/share-self-employed-workers-panama/
ILO, Self-employed workers as share of total employed population in Panama from 2012 to 2024 Statista, https://www.statista.com/statistics/1038790/share-self-employed-workers-panama/ (last visited December 14, 2024)
Self-employed workers as share of total employed population in Panama from 2012 to 2024 [Graph], ILO, November 30, 2019. [Online]. Available: https://www.statista.com/statistics/1038790/share-self-employed-workers-panama/