The Social Security Rate in Panama stands at 22.25 percent. Social Security Rate in Panama averaged 22.87 percent from 2004 until 2018, reaching an all time high of 23.75 percent in 2006 and a record low of 20.75 percent in 2005.
Social Security Rate in Panama is expected to be 22.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Social Security Rate is projected to trend around 22.25 percent in 2020, according to our econometric models.