Panama's labor force with advanced education, male (% of male working-age population with advanced education) was 84.16% in 2024, the latest year in the World Bank's World Development Indicators. That is down 2.58 percentage points from 86.74% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 84.16% | 2024 |
| Five years earlier | 89.73% | 2019 |
| Ten years earlier | 86.74% | 2014 |
| Highest | 90.32% | 2010 |
| Lowest | 83.96% | 2008 |
| Average since 2015 | 86.78% | 2015–2024 |
| First recorded | 86.97% | 1997 |
What the numbers say
In 2024, Panama's labor force with advanced education, male (% of male working-age population with advanced education) fell 0.37 percentage points on 2023 (from 84.54% to 84.16%).
Across the 17 yearly changes before that (2007 to 2023), the average change was −0.24 percentage points and a typical year strayed about 2.33 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 6.18 percentage points in 2009 and the biggest yearly fall was 4.96 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 0.6 percentage points a year. A straight line explains 62% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Panama had the 21st highest value of the 61 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Panama | 84.16% | 2024 |
| Latin America & Caribbean | 86.84% | 2024 |
| High income | 80.07% | 2024 |
Closest to Panama in the 2024 ranking
- Poland — 18th of 61: 84.96%
- Mongolia — 19th of 61: 84.82%
- Cyprus — 20th of 61: 84.55%
- South Africa — 22nd of 61: 83.71%
- Montenegro — 23rd of 61: 83.49%
- Bosnia and Herzegovina — 24th of 61: 82.86%
What this measures
The ratio of the labor force with advanced education to the working-age population with advanced education. Advanced education comprises short-cycle tertiary education, a bachelor’s degree or equivalent education level, a master’s degree or equivalent education level, or doctoral degree or equivalent education level according to the International Standard Classification of Education 2011 (ISCED 2011).
Regional and income-group figures are computed by the World Bank as a weighted average.
All 21 values
| Year | Labor force with advanced education, male (% of male working-age population with advanced education) |
|---|---|
| 2024 | 84.16 |
| 2023 | 84.54 |
| 2022 | 84.81 |
| 2021 | 85.11 |
| 2020 | 84.78 |
| 2019 | 89.73 |
| 2018 | 90.07 |
| 2017 | 87.92 |
| 2016 | 88.44 |
| 2015 | 88.26 |
Labor force with advanced education, male (% of male working-age population with advanced education) in nearby economies
- Argentina — 85.31% (2024)
- Bolivia — 91.95% (2024)
- Brazil — 87.91% (2025)
- Chile — 89.83% (2025)
- Colombia — 87.29% (2025)
- Costa Rica — 74.86% (2025)
- Dominican Republic — 88.06% (2025)
More social protection & labor data for Panama
- Net migration — 6,151 (2025)
- Unemployment, total (% of total labor force) (national estimate) — 8.31% (2025)
- Refugees under the mandate of the UNHCR by country or territory of asylum — 2,694 (2025)
- Unemployment, female (% of female labor force) (national estimate) — 10.36% (2025)
- Unemployment, male (% of male labor force) (national estimate) — 6.72% (2025)
- Labor force participation rate for ages 15-24, female (%) (national estimate) — 33.81% (2025)
- Labor force participation rate for ages 15-24, male (%) (national estimate) — 51.44% (2025)
- Labor force participation rate for ages 15-24, total (%) (national estimate)
Reading data like this
Questions people ask
- What is Panama's labor force with advanced education, male (% of male working-age population with advanced education)?
- 84.16% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1997?
- It is down 2.8 percentage points from 86.97% in 1997. The highest value was 90.32% in 2010 and the lowest 83.96% in 2008.
- How does Panama rank?
- 21st highest of 61 economies with data for 2024.
- Is the latest change in labor force with advanced education, male (% of male working-age population with advanced education) unusual for Panama?
Source
World Bank, World Development Indicators, indicator SL.TLF.ADVN.MA.ZS, licensed CC BY 4.0. Original source: Education and Mismatch Indicators database (EMI), International Labour Organization (ILO), uri: https://ilostat.ilo.org/data/bulk/, publisher: ILOSTAT, type: external database, date accessed: March 30, 2026 Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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