Social Security Rate For Employees in Panama averaged 9.55 percent from 2004 until 2018, reaching an all time high of 10.25 percent in 2011 and a record low of 8.50 percent in 2005. This page provides - Panama Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Social Security Rate For Employees - values, historical data and charts - was last updated on November of 2020.
Social Security Rate For Employees in Panama is expected to reach 9.75 percent by the end of 2020, 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 2021, according to our econometric models.