Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31
Panama's unemployment rate stands at 8.36% as of 2025-12-31, down from 8.45% in 2024. Historical data runs from 1991 to 2025 (35 observations).
In 2025, Panama's unemployment rate was 8.36%, down from 8.45% in 2024.
In 2024, Panama's unemployment rate was 8.45%, up from 6.54% in 2023.
In 2023, Panama's unemployment rate was 6.54%, down from 8.09% in 2022.
In 2022, Panama's unemployment rate was 8.09%, down from 10.18% in 2021.
In 2021, Panama's unemployment rate was 10.18%, down from 14.66% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 8.36% | -0.091% |
| 2024 | 8.45% | +1.91% |
| 2023 | 6.54% | -1.54% |
| 2022 | 8.09% | -2.09% |
| 2021 | 10.18% | -4.49% |
| 2020 | 14.66% | +8.41% |
| 2019 | 6.26% | +1.1% |
| 2018 | 5.16% | -0.177% |
| 2017 | 5.34% | +0.621% |
| 2016 | 4.72% | +0.382% |
| 2015 | 4.34% | -0.056% |
| 2014 | 4.39% | +0.717% |
| 2013 | 3.67% | -0.017% |
| 2012 | 3.69% | -0.339% |
| 2011 | 4.03% | -1.81% |
| 2010 | 5.85% | -0.012% |
| 2009 | 5.86% | +0.218% |
| 2008 | 5.64% | -0.026% |
| 2007 | 5.67% | -0.127% |
| 2006 | 5.79% | -0.175% |
| 2005 | 5.97% | -0.13% |
| 2004 | 6.1% | -0.206% |
| 2003 | 6.3% | +0.001% |
| 2002 | 6.3% | +0.009% |
| 2001 | 6.29% | +0.105% |
| 2000 | 6.19% | +0.02% |
| 1999 | 6.17% | -0.229% |
| 1998 | 6.4% | -0.191% |
| 1997 | 6.59% | -0.14% |
| 1996 | 6.73% | +0.216% |
| 1995 | 6.51% | +0.084% |
| 1994 | 6.43% | +0.054% |
| 1993 | 6.37% | +0.057% |
| 1992 | 6.32% | -0.126% |
| 1991 | 6.44% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Panama's unemployment rate is 8.36% as of 2025-12-31, compared with 8.45% in 2024. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 14.66% (2020); the lowest is 3.67% (2013), across data from 1991 to 2025.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.