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

Panama: Unemployment, youth male (% of male labor force ages 15-24) was 16.5% in 2025. ▲ Rising

Latest (2025)
16.5%
Change on year
up 10.0%
World rank
52nd
of 157 countries
All-time high
30.8%
in 2020
All-time low
7.9%
in 2012
Years of data
18
1990–2025

Unemployment, youth male (% of male labor force ages 15-24) in Panama, 1990–2025

10152025301990200720251990: 18.52009: 11.92010: 10.82011: 102012: 7.92013: 8.32014: 10.32015: 9.52016: 10.32017: 12.22018: 10.72019: 13.62020: 30.82021: 19.82022: 16.92023: 13.52024: 152025: 16.5

Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).

Analysis

Panama recorded 16.5% for unemployment, youth male (% of male labor force ages 15-24) in 2025.

Compared with earlier readings it is up 10.0% on the previous year and up 74.0% over ten years.

Over the whole period, unemployment, youth male (% of male labor force ages 15-24) in Panama peaked at 30.8% in 2020 and was at its lowest, 7.9%, in 2012.

Panama ranks 52nd of 157 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 18 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) (national estimate) in Panama, 1990 to 2025.
Year Value Change
1990 18.5%
2009 11.9% -35.7%
2010 10.8% -9.3%
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 30.8% +126.7%
2021 19.8% -35.6%
2022 16.9% -14.8%
2023 13.5% -20.1%
2024 15.0% +11.3%
2025 16.5% +10.0%

Panama compared with similar countries

  • Panama's 16.5% is above the median for high income countries, which is 14.2%, 1.2× the median. (68 countries reporting)
  • Panama's 16.5% is above the median for Latin America & Caribbean, which is 12.7%, 1.3× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.5% 18.5% 18.5% 1
2000s 11.9% 11.9% 11.9% 1
2010s 10.4% 7.9% 13.6% 10
2020s 18.7% 13.5% 30.8% 6

Countries ranked near Panama

  1. 49 Lithuania 17.0% compare
  2. 50 Brunei 16.9% compare
  3. 51 Bahamas 16.9% compare
  4. 53 Kosovo 16.5% compare
  5. 53 Kosovo (UNSCR 1244) 16.5% compare
  6. 55 Syria 16.4% compare

See the full ranking of 178 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 16.5% in 2025, according to Labour Force Statistics database (LFS), 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 30.8% 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 52nd out of 157 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 74.0%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Unemployment, youth male (% of male labor force ages 15-24) (national 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 Labour Force Statistics database (LFS), International Labour Organization (ILO). Retrieved 18 September 2026, from https://labour.statizoid.com/stat/unemployment-youth-male-percent-of-male-labor-force-ages-15-24-national-estimate/panama/

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About this data

Indicator
Unemployment, youth male (% of male labor force ages 15-24) (national estimate)
Source
Labour Force Statistics database (LFS), International Labour Organization (ILO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 4,082 data points, 1960–2025
Last refreshed

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