The Social Security Rate For Employees in Panama stands at 9.75 percent. Social Security Rate For Employees in Panama averaged 9.25 percent from 2004 until 2024, reaching an all time high of 9.75 percent in 2017 and a record low of 8.00 percent in 2011. source: Ministry of Labour and Social Security
Social Security Rate For Employees in Panama is expected to reach 9.75 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 For Employees is projected to trend around 9.75 percent in 2026, according to our econometric models.