Unemployment rate for persons ages 25 to 54 in Panama
Panama: Unemployment rate for persons ages 25 to 54 was 7.32 in 2025. ◆ Volatile
Unemployment rate for persons ages 25 to 54 in Panama, 2003–2025
Source: International Labour Organization.
Analysis
Panama recorded 7.32 for unemployment rate for persons ages 25 to 54 in 2025.
The figure is up 1.5% on the previous year and up 118.2% over ten years.
Over the whole period, unemployment rate for persons ages 25 to 54 in Panama peaked at 15.95 in 2020 and was at its lowest, 2.5, in 2011.
That places Panama 14th out of 82 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Unemployment rate for persons ages 25 to 54 in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 5.63 | — |
| 2008 | 3.68 | -34.6% |
| 2009 | 4.39 | +19.1% |
| 2011 | 2.5 | -43.1% |
| 2012 | 2.65 | +6.2% |
| 2013 | 2.61 | -1.4% |
| 2014 | 3.31 | +26.6% |
| 2015 | 3.35 | +1.3% |
| 2016 | 3.52 | +4.9% |
| 2017 | 3.87 | +10.1% |
| 2018 | 3.85 | -0.5% |
| 2019 | 4.81 | +24.9% |
| 2020 | 15.95 | +231.4% |
| 2021 | 7.88 | -50.6% |
| 2022 | 6.7 | -14.9% |
| 2023 | 5.29 | -21.0% |
| 2024 | 7.21 | +36.2% |
| 2025 | 7.32 | +1.5% |
Panama compared with similar countries
- Panama's 7.32 is above the median for high income countries, which is 4.55, 1.6× the median. (30 countries reporting)
- Panama's 7.32 is above the median for Latin America & Caribbean, which is 3.84, 1.9× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Unemployment rate for persons ages 25 to 54 in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +231.4% | 4.81 | 15.95 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.57 | 3.68 | 5.63 | 3 |
| 2010s | 3.39 | 2.5 | 4.81 | 9 |
| 2020s | 8.39 | 5.29 | 15.95 | 6 |
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 rate for persons ages 25 to 54 in Panama?
- Unemployment rate for persons ages 25 to 54 in Panama was 7.32 in 2025, according to International Labour Organization.
- What is the highest unemployment rate for persons ages 25 to 54 recorded in Panama?
- The highest recorded value was 15.95 in 2020.
- What is the lowest unemployment rate for persons ages 25 to 54 recorded in Panama?
- The lowest recorded value was 2.5 in 2011.
- How does Panama rank for unemployment rate for persons ages 25 to 54?
- Panama ranks 14th out of 82 countries with data for 2025.
- Is unemployment rate for persons ages 25 to 54 rising or falling in Panama?
- Over the last ten years it is up 118.2%. 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 rate for persons ages 25 to 54 (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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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. Prime-age refers to persons aged 25 to 54 years. 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 Gender Equality and Non-Discrimination Indicators (GEND) database description.