Unemployment, male (% of male labor force) in Panama

Panama: Unemployment, male (% of male labor force) was 6.7% in 2025. ▼ Falling

Latest (2025)
6.7%
Change on year
up 1.5%
World rank
59th
of 181 countries
All-time high
14.0%
in 1988
All-time low
3.0%
in 2013
Years of data
49
1974–2025

Unemployment, male (% of male labor force) in Panama, 1974–2025

2.557.51012.515197419992025

Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).

Analysis

In 2025, unemployment, male (% of male labor force) in Panama stood at 6.7%.

That represents a change of up 1.5% on the previous year and up 79.0% over ten years.

Over the whole period, unemployment, male (% of male labor force) in Panama peaked at 14.0% in 1988 and was at its lowest, 3.0%, in 2013.

Panama ranks 59th of 181 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 49 years of available data.

Unemployment, male (% of male labor force) in Panama, year by year

Annual values for Unemployment, male (% of male labor force) (national estimate) in Panama, 1974 to 2025.
Year Value Change
1974 5.2%
1975 4.9% -6.7%
1976 5.2% +7.7%
1977 7.1% +36.4%
1978 6.2% -13.3%
1979 6.7% +8.5%
1982 6.3% -6.7%
1983 7.7% +22.5%
1984 8.2% +7.4%
1985 9.5% +15.0%
1986 8.7% -8.3%
1987 9.4% +8.2%
1988 14.0% +48.7%
1989 13.7% -2.3%
1990 10.4% -24.1%
1991 12.8% +23.5%
1992 10.8% -15.8%
1993 9.7% -10.1%
1994 10.7% +9.9%
1995 10.8% +0.8%
1996 11.3% +5.1%
1997 10.7% -5.0%
1998 10.3% -4.3%
1999 8.9% -13.7%
2000 11.1% +24.7%
2001 12.2% +10.7%
2002 11.2% -8.7%
2003 10.5% -5.7%
2004 9.5% -10.2%
2005 8.1% -14.4%
2006 7.2% -11.4%
2007 5.3% -26.7%
2009 4.0% -23.9%
2010 4.7% +18.3%
2011 3.6% -24.5%
2012 3.1% -13.0%
2013 3.0% -2.8%
2014 3.6% +20.0%
2015 3.8% +3.4%
2016 4.1% +9.5%
2017 4.4% +7.8%
2018 4.3% -3.2%
2019 5.2% +22.3%
2020 13.6% +159.1%
2021 10.1% -25.9%
2022 7.2% -28.3%
2023 5.3% -26.7%
2024 6.6% +24.9%
2025 6.7% +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.9% 4.9% 7.1% 6
1980s 9.7% 6.3% 14.0% 8
1990s 10.6% 8.9% 12.8% 10
2000s 8.8% 4.0% 12.2% 9
2010s 4.0% 3.0% 5.2% 10
2020s 8.3% 5.3% 13.6% 6

Countries ranked near Panama

  1. 56 Greece 7.0% compare
  2. 57 Türkiye 6.9% compare
  3. 58 Colombia 6.8% compare
  4. 60 Argentina 6.7% compare
  5. 61 Belgium 6.7% compare
  6. 62 Tuvalu 6.7% compare

See the full ranking of 205 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is unemployment, male (% of male labor force) in Panama?
Unemployment, male (% of male labor force) in Panama was 6.7% in 2025, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
What is the highest unemployment, male (% of male labor force) recorded in Panama?
The highest recorded value was 14.0% in 1988.
What is the lowest unemployment, male (% of male labor force) recorded in Panama?
The lowest recorded value was 3.0% in 2013.
How does Panama rank for unemployment, male (% of male labor force)?
Panama ranks 59th out of 181 countries with data for 2025.
Is unemployment, male (% of male labor force) rising or falling in Panama?
Over the last ten years it is up 79.0%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Unemployment, male (% of male labor force) (national estimate). Statizoid updates them automatically from the source API.

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Unemployment, male (% of male labor force) in Panama. Statizoid, drawing on Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 13 September 2026, from https://labour.statizoid.com/stat/unemployment-male-percent-of-male-labor-force-national-estimate/panama/

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About this data

Indicator
Unemployment, male (% of male labor force) (national estimate)
Source
Labour Force Statistics database (LFS), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,415 data points, 1960–2025
Last refreshed

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.