LU3: Combined rate of unemployment and potential labour force for in Panama
Panama: LU3: Combined rate of unemployment and potential labour force for was 8.65 in 2025. ▲ Rising
LU3: Combined rate of unemployment and potential labour force for in Panama, 2008–2025
Source: International Labour Organization.
Analysis
The most recent figure for lu3: combined rate of unemployment and potential labour force for in Panama is 8.65, measured in 2025.
The figure is up 3.4% on the previous year and up 115.3% over ten years.
Over the whole period, lu3: combined rate of unemployment and potential labour force for in Panama peaked at 8.7 in 2021 and was at its lowest, 2.96, in 2011.
Panama ranks 25th of 65 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
LU3: Combined rate of unemployment and potential labour force for in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 4.96 | — |
| 2009 | 5.15 | +4.0% |
| 2011 | 2.96 | -42.7% |
| 2012 | 3.04 | +2.9% |
| 2013 | 3.1 | +1.9% |
| 2014 | 3.83 | +23.6% |
| 2015 | 4.02 | +4.9% |
| 2016 | 4.14 | +3.0% |
| 2017 | 4.59 | +10.9% |
| 2018 | 4.44 | -3.3% |
| 2019 | 5.59 | +26.0% |
| 2021 | 8.7 | +55.7% |
| 2022 | 7.1 | -18.4% |
| 2023 | 6.23 | -12.3% |
| 2024 | 8.37 | +34.3% |
| 2025 | 8.65 | +3.4% |
Panama compared with similar countries
- Panama's 8.65 is above the median for high income countries, which is 6.97, 1.2× the median. (29 countries reporting)
- Panama's 8.65 is above the median for Latin America & Caribbean, which is 8.19, 1.1× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.05 | 4.96 | 5.15 | 2 |
| 2010s | 3.97 | 2.96 | 5.59 | 9 |
| 2020s | 7.81 | 6.23 | 8.7 | 5 |
Countries ranked near Panama
More work & labour data for Panama
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.192 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1956 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1888 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.09 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 4,652 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,175 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,950 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,955 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 5,905 1000 No (2100)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force for in Panama?
- Lu3: combined rate of unemployment and potential labour force for in Panama was 8.65 in 2025, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force for recorded in Panama?
- The highest recorded value was 8.7 in 2021.
- What is the lowest lu3: combined rate of unemployment and potential labour force for recorded in Panama?
- The lowest recorded value was 2.96 in 2011.
- How does Panama rank for lu3: combined rate of unemployment and potential labour force for?
- Panama ranks 25th out of 65 countries with data for 2025.
- Is lu3: combined rate of unemployment and potential labour force for rising or falling in Panama?
- Over the last ten years it is up 115.3%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
Download this data
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About this data
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 is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. LU3 represents the share of the extended labour force, in this case for persons of prime age (i.e., persons ages 25 to 54), that are in unemployment or the potential labour force. For more information, refer to the Gender Equality and Non-Discrimination Indicators (GEND) database description.