The Social Security Rate in Panama stands at 22 percent. Social Security Rate in Panama averaged 21.88 percent from 2004 until 2025, reaching an all time high of 23.75 percent in 2006 and a record low of 19.00 percent in 2011. source: Ministry of Labour and Social Security
Social Security Rate in Panama is expected to reach 22.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Social Security Rate is projected to trend around 22.00 percent in 2026, according to our econometric models.