Unemployment with basic education (% of total labor force with basic) in Panama
Panama: Unemployment with basic education (% of total labor force with basic) was 6.8% in 2024. ▲ Rising
Unemployment with basic education in Panama, 1997–2024
Source: Education and Mismatch Indicators database (EMI), International Labour Organization (ILO). Measured in % of total labor force with basic education.
Analysis
Panama recorded 6.8% for unemployment with basic education in 2024.
The figure is up 34.0% on the previous year and up 43.4% over ten years.
Over the whole period, unemployment with basic education in Panama peaked at 15.3% in 2020 and was at its lowest, 3.5%, in 2013.
Panama ranks 62nd of 130 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Unemployment with basic education (% of total labor force with basic) in Panama, year by year
| Year | % of total labor force with basic education | Change |
|---|---|---|
| 1997 | 4.3% | — |
| 2010 | 5.5% | +29.8% |
| 2011 | 4.1% | -26.4% |
| 2012 | 3.7% | -8.9% |
| 2013 | 3.5% | -6.4% |
| 2014 | 4.7% | +36.0% |
| 2015 | 4.5% | -5.2% |
| 2016 | 4.7% | +4.2% |
| 2017 | 5.3% | +13.2% |
| 2018 | 4.7% | -12.0% |
| 2019 | 6.1% | +32.0% |
| 2020 | 15.3% | +149.3% |
| 2021 | 9.8% | -36.0% |
| 2022 | 7.1% | -27.3% |
| 2023 | 5.1% | -28.9% |
| 2024 | 6.8% | +34.0% |
Panama compared with similar countries
- Panama's 6.8% is below the median for high income countries, which is 8.0%, 85% of the median. (55 countries reporting)
- Panama's 6.8% is above the median for Latin America & Caribbean, which is 5.1%, 1.3× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.3% | 4.3% | 4.3% | 1 |
| 2010s | 4.7% | 3.5% | 6.1% | 10 |
| 2020s | 8.8% | 5.1% | 15.3% | 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 basic education in Panama?
- Unemployment with basic education in Panama was 6.8% in 2024, according to Education and Mismatch Indicators database (EMI), International Labour Organization (ILO).
- What is the highest unemployment with basic education recorded in Panama?
- The highest recorded value was 15.3% in 2020.
- What is the lowest unemployment with basic education recorded in Panama?
- The lowest recorded value was 3.5% in 2013.
- How does Panama rank for unemployment with basic education?
- Panama ranks 62nd out of 130 countries with data for 2024.
- Is unemployment with basic education rising or falling in Panama?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is rising.
- 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 basic education (% of total labor force with basic education). Statizoid updates them automatically from the source API.
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About this data
The percentage of the labor force with a basic level of education who are unemployed. Basic education comprises primary education or lower secondary education according to the International Standard Classification of Education 2011 (ISCED 2011).