Unemployment rate for young people in Panama
Panama: Unemployment rate for young people was 19.77 in 2025. ▲ Rising
Unemployment rate for young people in Panama, 1991–2025
Source: Our World in Data.
Analysis
The most recent figure for unemployment rate for young people in Panama is 19.77, measured in 2025.
Compared with earlier readings it is up 0.4% on the previous year and up 69.3% over ten years.
Over the whole period, unemployment rate for young people in Panama peaked at 33.03 in 2020 and was at its lowest, 9.58, in 2012.
That places Panama 51st out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Unemployment rate for young people in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 13.31 | — |
| 1992 | 13.11 | -1.5% |
| 1993 | 13.19 | +0.6% |
| 1994 | 13.43 | +1.8% |
| 1995 | 13.6 | +1.3% |
| 1996 | 14.01 | +3.0% |
| 1997 | 13.91 | -0.7% |
| 1998 | 13.74 | -1.2% |
| 1999 | 13.45 | -2.2% |
| 2000 | 13.55 | +0.8% |
| 2001 | 13.77 | +1.7% |
| 2002 | 13.85 | +0.6% |
| 2003 | 13.88 | +0.2% |
| 2004 | 13.59 | -2.1% |
| 2005 | 13.48 | -0.8% |
| 2006 | 13.29 | -1.5% |
| 2007 | 13.09 | -1.5% |
| 2008 | 12.96 | -1.0% |
| 2009 | 13.26 | +2.3% |
| 2010 | 13.43 | +1.3% |
| 2011 | 11.1 | -17.4% |
| 2012 | 9.58 | -13.7% |
| 2013 | 9.9 | +3.3% |
| 2014 | 11.52 | +16.4% |
| 2015 | 11.68 | +1.3% |
| 2016 | 12.29 | +5.3% |
| 2017 | 14.82 | +20.5% |
| 2018 | 14.1 | -4.8% |
| 2019 | 17.13 | +21.5% |
| 2020 | 33.03 | +92.9% |
| 2021 | 22.34 | -32.4% |
| 2022 | 19.19 | -14.1% |
| 2023 | 16.77 | -12.6% |
| 2024 | 19.68 | +17.4% |
| 2025 | 19.77 | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.53 | 13.11 | 14.01 | 9 |
| 2000s | 13.47 | 12.96 | 13.88 | 10 |
| 2010s | 12.55 | 9.58 | 17.13 | 10 |
| 2020s | 21.8 | 16.77 | 33.03 | 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 young people in Panama?
- Unemployment rate for young people in Panama was 19.77 in 2025, according to Our World in Data.
- What is the highest unemployment rate for young people recorded in Panama?
- The highest recorded value was 33.03 in 2020.
- What is the lowest unemployment rate for young people recorded in Panama?
- The lowest recorded value was 9.58 in 2012.
- How does Panama rank for unemployment rate for young people?
- Panama ranks 51st out of 186 countries with data for 2025.
- Is unemployment rate for young people rising or falling in Panama?
- Over the last ten years it is up 69.3%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Unemployment rate for young people. Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).