Unemployment with advanced education in Panama
Panama: Unemployment with advanced education was 7.0% in 2024. ◆ Volatile
Unemployment with advanced education in Panama, 1997–2024
Source: Education and Mismatch Indicators database (EMI), International Labour Organization (ILO). Measured in % of total labor force with advanced education.
Analysis
In 2024, unemployment with advanced education in Panama stood at 7.0%.
The figure is up 29.9% on the previous year and up 133.7% over ten years.
Over the whole period, unemployment with advanced education in Panama peaked at 13.2% in 2020 and was at its lowest, 2.2%, in 2013.
Panama ranks 37th of 130 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Unemployment with advanced education in Panama, year by year
| Year | % of total labor force with advanced education | Change |
|---|---|---|
| 1997 | 3.8% | — |
| 2010 | 4.4% | +16.4% |
| 2011 | 2.4% | -46.6% |
| 2012 | 2.7% | +13.3% |
| 2013 | 2.2% | -17.5% |
| 2014 | 3.0% | +37.0% |
| 2015 | 2.4% | -21.2% |
| 2016 | 3.8% | +61.2% |
| 2017 | 3.2% | -15.6% |
| 2018 | 4.0% | +24.6% |
| 2019 | 5.1% | +27.7% |
| 2020 | 13.2% | +157.3% |
| 2021 | 7.5% | -43.4% |
| 2022 | 8.3% | +11.2% |
| 2023 | 5.4% | -34.9% |
| 2024 | 7.0% | +29.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.8% | 3.8% | 3.8% | 1 |
| 2010s | 3.3% | 2.2% | 5.1% | 10 |
| 2020s | 8.3% | 5.4% | 13.2% | 5 |
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 with advanced education in Panama?
- Unemployment with advanced education in Panama was 7.0% in 2024, according to Education and Mismatch Indicators database (EMI), International Labour Organization (ILO).
- What is the highest unemployment with advanced education recorded in Panama?
- The highest recorded value was 13.2% in 2020.
- What is the lowest unemployment with advanced education recorded in Panama?
- The lowest recorded value was 2.2% in 2013.
- How does Panama rank for unemployment with advanced education?
- Panama ranks 37th out of 130 countries with data for 2024.
- Is unemployment with advanced education rising or falling in Panama?
- Over the last ten years it is up 133.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Education and Mismatch Indicators database (EMI), International Labour Organization (ILO), published as part of Unemployment with advanced education (% of total labor force with advanced education). Statizoid updates them automatically from the source API.
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About this data
The percentage of the labor force with an advanced level of education who are unemployed. Advanced education comprises short-cycle tertiary education, a bachelor’s degree or equivalent education level, a master’s degree or equivalent education level, or doctoral degree or equivalent education level according to the International Standard Classification of Education 2011 (ISCED 2011).