Unemployment, youth male (% of male labor force ages 15-24) in Panama

Panama: Unemployment, youth male (% of male labor force ages 15-24) was 15.4% in 2025. ▲ Rising

Latest (2025)
15.4%
Change on year
up 2.9%
World rank
73rd
of 187 countries
All-time high
24.3%
in 2020
All-time low
7.9%
in 2012
Years of data
35
1991–2025

Unemployment, youth male (% of male labor force ages 15-24) in Panama, 1991–2025

101520251991200820251991: 10.61992: 10.41993: 10.51994: 10.71995: 10.91996: 11.21997: 11.11998: 10.91999: 10.62000: 10.72001: 10.92002: 112003: 112004: 10.82005: 10.72006: 10.52007: 10.42008: 10.42009: 10.62010: 10.82011: 102012: 7.92013: 8.32014: 10.32015: 9.52016: 10.32017: 12.22018: 10.72019: 13.62020: 24.32021: 19.82022: 16.92023: 13.52024: 152025: 15.4

Source: ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).

Analysis

Panama recorded 15.4% for unemployment, youth male (% of male labor force ages 15-24) in 2025.

The figure is up 2.9% on the previous year and up 62.8% over ten years.

Over the whole period, unemployment, youth male (% of male labor force ages 15-24) in Panama peaked at 24.3% in 2020 and was at its lowest, 7.9%, in 2012.

That places Panama 73rd out of 187 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, youth male (% of male labor force ages 15-24) in Panama, year by year

Annual values for Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) in Panama, 1991 to 2025.
Year Value Change
1991 10.6%
1992 10.4% -1.6%
1993 10.5% +0.8%
1994 10.7% +1.8%
1995 10.9% +1.7%
1996 11.2% +3.0%
1997 11.1% -1.1%
1998 10.9% -1.6%
1999 10.6% -2.7%
2000 10.7% +1.0%
2001 10.9% +2.0%
2002 11.0% +0.7%
2003 11.0% -0.2%
2004 10.8% -1.8%
2005 10.7% -1.4%
2006 10.5% -1.1%
2007 10.4% -1.2%
2008 10.4% -0.4%
2009 10.6% +2.1%
2010 10.8% +1.9%
2011 10.0% -7.4%
2012 7.9% -21.1%
2013 8.3% +5.7%
2014 10.3% +23.1%
2015 9.5% -7.5%
2016 10.3% +9.1%
2017 12.2% +17.8%
2018 10.7% -11.9%
2019 13.6% +26.4%
2020 24.3% +79.3%
2021 19.8% -18.6%
2022 16.9% -14.8%
2023 13.5% -20.1%
2024 15.0% +11.3%
2025 15.4% +2.9%

Panama compared with similar countries

  • Panama's 15.4% is above the median for high income countries, which is 13.9%, 1.1× the median. (62 countries reporting)
  • Panama's 15.4% is above the median for Latin America & Caribbean, which is 13.0%, 1.2× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Unemployment, youth male (% of male labor force ages 15-24) 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.

YearChange FromTo
2020 +79.3% 13.6% 24.3%
2019 +26.4% 10.7% 13.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.8% 10.4% 11.2% 9
2000s 10.7% 10.4% 11.0% 10
2010s 10.4% 7.9% 13.6% 10
2020s 17.5% 13.5% 24.3% 6

Countries ranked near Panama

  1. 70 Puerto Rico 15.5% compare
  2. 71 Mauritius 15.5% compare
  3. 72 Canada 15.4% compare
  4. 74 Sri Lanka 15.3% compare
  5. 75 Zimbabwe 15.0% compare
  6. 76 New Zealand 15.0% compare

See the full ranking of 235 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is unemployment, youth male (% of male labor force ages 15-24) in Panama?
Unemployment, youth male (% of male labor force ages 15-24) in Panama was 15.4% in 2025, according to ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO).
What is the highest unemployment, youth male (% of male labor force ages 15-24) recorded in Panama?
The highest recorded value was 24.3% in 2020.
What is the lowest unemployment, youth male (% of male labor force ages 15-24) recorded in Panama?
The lowest recorded value was 7.9% in 2012.
How does Panama rank for unemployment, youth male (% of male labor force ages 15-24)?
Panama ranks 73rd out of 187 countries with data for 2025.
Is unemployment, youth male (% of male labor force ages 15-24) rising or falling in Panama?
Over the last ten years it is up 62.8%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO), published as part of Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate). Statizoid updates them automatically from the source API.

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Unemployment, youth male (% of male labor force ages 15-24) in Panama. Statizoid, drawing on ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO). Retrieved 17 September 2026, from https://labour.statizoid.com/stat/unemployment-youth-male-percent-of-male-labor-force-ages-15-24-modeled-ilo-estimate/panama/

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About this data

Indicator
Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate)
Source
ILO Modelled Estimates database (ILOEST), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,211 data points, 1991–2025
Last refreshed

Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.