Bahamas vs Panama: Unemployment rate (current ILO definition - ICLS19)

Bahamas
8.17
in 2024
Panama
8.31
in 2025
Bahamas rank
19th
Panama rank
18th

Unemployment rate (current ILO definition - ICLS19) over time

  • Bahamas
  • Panama
5101520201420192025

How they compare

Panama currently reports 8.31 against 8.17 in Bahamas, a difference of 0.14.

The two have swapped places 1 time across 8 shared years of data; in 2014 it was Bahamas ahead.

Bahamas ranks 19th and Panama ranks 18th of 74 countries.

Bahamas has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Bahamas Panama Difference Ahead
2010s 11.27 5.15 6.13 Bahamas
2020s 9.26 7.64 1.62 Bahamas

Averages of every year both report within each decade.

Frequently asked questions

Which has higher unemployment rate (current ilo definition - icls19), Bahamas or Panama?
Panama, at 8.31 against 8.17 in Bahamas as of 2025.
What is the difference in unemployment rate (current ilo definition - icls19) between Bahamas and Panama?
0.14, with Panama ahead.
How many years of comparable data are there for Bahamas and Panama?
8 years are reported by both, from 2014 to 2024.
How do Bahamas and Panama rank globally for unemployment rate (current ilo definition - icls19)?
Bahamas ranks 19th and Panama ranks 18th of 74 countries.
Where does this data come from?
International Labour Organization, published as Unemployment rate (current ILO definition - ICLS19) (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bahamas vs Panama: Unemployment rate (current ILO definition - ICLS19). Statizoid, drawing on International Labour Organization. Retrieved 21 September 2026, from https://labour.statizoid.com/compare/unemployment-rate-current-ilo-definition-icls19-15/bahamas-the/panama/

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About this data

Indicator
Unemployment rate (current ILO definition - ICLS19) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
74 places, 744 data points, 2014–2025
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series includes only countries for which the 19th ICLS definitions are applied. 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 Work Statistics -- 19th ICLS (WORK) database description.