Latin America and the Caribbean vs Panama: SDG indicator 8.5.2: Unemployment rate (previous ILO definition)
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) over time
- Latin America and the Caribbean
- Panama
How they compare
Panama currently reports 8.31 against 5.1 in Latin America and the Caribbean, a difference of 3.21.
That makes Panama's figure about 1.6 times Latin America and the Caribbean's.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Panama ahead.
Latin America and the Caribbean ranks 40th and Panama ranks 40th of 87 groups.
Across the 3 decades both report, Latin America and the Caribbean averaged higher in 1 and Panama in 2.
Head to head by decade
| Decade | Latin America and the Caribbean | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.53 | 11.08 | 2.55 | Panama |
| 2010s | 7.13 | 4.81 | 2.32 | Latin America and the Caribbean |
| 2020s | 7.3 | 10.12 | 2.82 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher sdg indicator 8.5.2: unemployment rate (previous ilo definition), Latin America and the Caribbean or Panama?
- Panama, at 8.31 against 5.1 in Latin America and the Caribbean as of 2025.
- What is the difference in sdg indicator 8.5.2: unemployment rate (previous ilo definition) between Latin America and the Caribbean and Panama?
- 3.21, with Panama ahead.
- How many years of comparable data are there for Latin America and the Caribbean and Panama?
- 25 years are reported by both, from 2000 to 2025.
- How do Latin America and the Caribbean and Panama rank globally for sdg indicator 8.5.2: unemployment rate (previous ilo definition)?
- Latin America and the Caribbean ranks 40th and Panama ranks 40th of 87 groups.
- Where does this data come from?
- International Labour Organization, published as SDG indicator 8.5.2: Unemployment rate (previous ILO definition - ICLS13) (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.