Unemployment (previous ILO definition - ICLS13) in Panama
Panama: Unemployment (previous ILO definition - ICLS13) was 181.15 in 2024. ◆ Volatile
Unemployment (previous ILO definition - ICLS13) in Panama, 1997–2024
Source: International Labour Organization.
Analysis
The most recent figure for unemployment (previous ilo definition - icls13) in Panama is 181.15, measured in 2024.
The figure is up 30.7% on the previous year and up 53.1% over ten years.
Over the whole period, unemployment (previous ilo definition - icls13) in Panama peaked at 371.57 in 2020 and was at its lowest, 47.04, in 1997.
Panama ranks 45th of 78 countries on this measure, in the middle of the range.
Unemployment (previous ILO definition - ICLS13) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 47.04 | — |
| 2003 | 100.89 | +114.5% |
| 2008 | 71.57 | -29.1% |
| 2018 | 118.34 | +65.3% |
| 2020 | 371.57 | +214.0% |
| 2021 | 200.03 | -46.2% |
| 2023 | 138.64 | -30.7% |
| 2024 | 181.15 | +30.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.04 | 47.04 | 47.04 | 1 |
| 2000s | 86.23 | 71.57 | 100.89 | 2 |
| 2010s | 118.34 | 118.34 | 118.34 | 1 |
| 2020s | 222.85 | 138.64 | 371.57 | 4 |
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 unemployment (previous ilo definition - icls13) in Panama?
- Unemployment (previous ilo definition - icls13) in Panama was 181.15 in 2024, according to International Labour Organization.
- What is the highest unemployment (previous ilo definition - icls13) recorded in Panama?
- The highest recorded value was 371.57 in 2020.
- What is the lowest unemployment (previous ilo definition - icls13) recorded in Panama?
- The lowest recorded value was 47.04 in 1997.
- How does Panama rank for unemployment (previous ilo definition - icls13)?
- Panama ranks 45th out of 78 countries with data for 2024.
- Is unemployment (previous ilo definition - icls13) rising or falling in Panama?
- Over the last ten years it is up 53.1%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from International Labour Organization, published as part of Unemployment (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
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 International Labour Migration Statistics (ILMS) database description.