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

Panama
8.31
in 2025
Sweden
8.74
in 2025
Panama rank
18th
Sweden rank
16th

Unemployment rate (current ILO definition - ICLS19) over time

  • Panama
  • Sweden
5101520201420192025

How they compare

Sweden currently reports 8.74 against 8.31 in Panama, a difference of 0.43.

That makes Sweden's figure about 1.1 times Panama's.

The two have swapped places 4 times across 12 shared years of data; in 2014 it was Sweden ahead.

Panama ranks 18th and Sweden ranks 16th of 74 countries.

Across the 2 decades both report, Panama averaged higher in 1 and Sweden in 1.

Head to head by decade

Decade Panama Sweden Difference Ahead
2010s 5.15 7.05 1.9 Sweden
2020s 10.12 8.19 1.92 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher unemployment rate (current ilo definition - icls19), Panama or Sweden?
Sweden, at 8.74 against 8.31 in Panama as of 2025.
What is the difference in unemployment rate (current ilo definition - icls19) between Panama and Sweden?
0.43, with Sweden ahead.
How many years of comparable data are there for Panama and Sweden?
12 years are reported by both, from 2014 to 2025.
How do Panama and Sweden rank globally for unemployment rate (current ilo definition - icls19)?
Panama ranks 18th and Sweden ranks 16th 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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Panama vs Sweden: 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/panama/sweden/

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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.