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Waged and Salaried Workers, Total (As % of Total Employed) in Panama

Source: World Bank
Last Updated: Dec 30, 2020

Waged and Salaried Workers, Total (As % of Total Employed) reached 62.6 % in 2019 in Panama. This is 0.147 % less than in the previous year.

Historically, Waged and Salaried Workers, Total (As % of Total Employed) in Panama reached an all time high of 69.4 % in 2008 and an all time low of % in. When compared to Panama's main peers, Waged and Salaried Workers, Total (As % of Total Employed) in Colombia amounted to 48.8 %, 74.9 % in Costa Rica, 48.7 % in Honduras and 53.8 % in Nicaragua in 2019.

Panama has been ranked 93rd within the group of 175 countries we follow in terms of Waged and Salaried Workers, Total (As % of Total Employed), 5 places behind the position seen 10 years ago.

Waged and salaried workers (employees) are those workers who hold the type of jobs defined as "paid employment jobs", where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.

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