Unemployment rate, by sex and age - 13th ICLS in Panama

Panama: Unemployment rate, by sex and age - 13th ICLS was 8.6% in 2024. ◆ Volatile

Latest (2024)
8.6%
Change on year
up 28.9%
World rank
42nd
of 189 countries
All-time high
18.6%
in 2020
All-time low
0.0%
in 2008
Years of data
25
2000–2024

Unemployment rate, by sex and age - 13th ICLS in Panama, 2000–2024

051015202000201220242000: 13.5 %2001: 14.7 %2002: 14.1 %2003: 13.6 %2004: 12.4 %2005: 10.3 %2006: 9.1 %2007: 6.8 %2008: 0 %2009: 5.1 %2010: 5.8 %2011: 3.9 %2012: 3.7 %2013: 3.7 %2014: 4.4 %2015: 4.4 %2016: 4.8 %2017: 5.5 %2018: 5.3 %2019: 6.4 %2020: 18.6 %2021: 10.3 %2022: 8.3 %2023: 6.7 %2024: 8.6 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Panama recorded 8.6% for unemployment rate, by sex and age - 13th icls in 2024.

The figure is up 28.9% on the previous year and up 93.9% over ten years.

Over the whole period, unemployment rate, by sex and age - 13th icls in Panama peaked at 18.6% in 2020 and was at its lowest, 0.0%, in 2008.

That places Panama 42nd out of 189 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Unemployment rate, by sex and age - 13th ICLS in Panama, year by year

Annual values for Unemployment rate, by sex and age - 13th ICLS (%) in Panama, 2000 to 2024.
Year % Change
2000 13.5%
2001 14.7% +8.7%
2002 14.1% -4.1%
2003 13.6% -3.5%
2004 12.4% -8.7%
2005 10.3% -17.0%
2006 9.1% -11.8%
2007 6.8% -25.6%
2008 0.0% -100.0%
2009 5.1%
2010 5.8% +14.1%
2011 3.9% -32.8%
2012 3.7% -5.4%
2013 3.7% +0.5%
2014 4.4% +19.0%
2015 4.4% -0.9%
2016 4.8% +10.0%
2017 5.5% +12.8%
2018 5.3% -2.7%
2019 6.4% +20.7%
2020 18.6% +189.4%
2021 10.3% -44.5%
2022 8.3% -19.5%
2023 6.7% -19.3%
2024 8.6% +28.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.0% 0.0% 14.7% 10
2010s 4.8% 3.7% 6.4% 10
2020s 10.5% 6.7% 18.6% 5

Countries ranked near Panama

  1. 39 Türkiye 8.7% compare
  2. 39 Türkiye 8.7% compare
  3. 41 Bahamas 8.6% compare
  4. 43 Greenland 8.4% compare
  5. 44 Finland 8.3% compare
  6. 45 Polynesia 8.3% compare
  7. 45 Sweden 8.3% compare

See the full ranking of 228 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is unemployment rate, by sex and age - 13th icls in Panama?
Unemployment rate, by sex and age - 13th icls in Panama was 8.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest unemployment rate, by sex and age - 13th icls recorded in Panama?
The highest recorded value was 18.6% in 2020.
What is the lowest unemployment rate, by sex and age - 13th icls recorded in Panama?
The lowest recorded value was 0.0% in 2008.
How does Panama rank for unemployment rate, by sex and age - 13th icls?
Panama ranks 42nd out of 189 countries with data for 2024.
Is unemployment rate, by sex and age - 13th icls rising or falling in Panama?
Over the last ten years it is up 93.9%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Unemployment rate, by sex and age - 13th ICLS (%). Statizoid updates them automatically from the source API.

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Unemployment rate, by sex and age - 13th ICLS in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 08 September 2026, from https://labour.statizoid.com/stat/unemployment-rate-by-sex-and-age-13th-icls-percent/panama/

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About this data

Indicator
Unemployment rate, by sex and age - 13th ICLS (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
228 places, 4,321 data points, 2000–2025
Last refreshed