Unemployment rates: modeled vs. national estimates in Panama
Panama: Unemployment rates: modeled vs. national estimates was 8.3% in 2025. ▼ Falling
Unemployment rates: modeled vs. national estimates in Panama, 1970–2025
Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.
Analysis
Panama recorded 8.3% for unemployment rates: modeled vs. national estimates in 2025.
Compared with earlier readings it is down 3.5% on the previous year and up 88.7% over ten years.
Over the whole period, unemployment rates: modeled vs. national estimates in Panama peaked at 18.5% in 2020 and was at its lowest, 3.7%, in 2012.
Panama ranks 48th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.3% | 5.8% | 8.8% | 10 |
| 1980s | 11.9% | 8.4% | 16.3% | 8 |
| 1990s | 13.7% | 11.6% | 16.1% | 10 |
| 2000s | 11.1% | 5.1% | 14.7% | 9 |
| 2010s | 4.8% | 3.7% | 6.4% | 10 |
| 2020s | 10.1% | 6.7% | 18.5% | 6 |
Countries ranked near Panama
More reference data data for Panama
- Spring temperature anomalies 0.1111 °C (2026)
- Summer temperature anomalies 0.8502 °C (2026)
- Temperature anomalies by month 0.029 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.2956 °C (2025)
- Winter temperature anomalies 0.1292 °C (2025)
- Consumer price index 128.14 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is unemployment rates: modeled vs. national estimates in Panama?
- Unemployment rates: modeled vs. national estimates in Panama was 8.3% in 2025, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest unemployment rates: modeled vs. national estimates recorded in Panama?
- The highest recorded value was 18.5% in 2020.
- What is the lowest unemployment rates: modeled vs. national estimates recorded in Panama?
- The lowest recorded value was 3.7% in 2012.
- How does Panama rank for unemployment rates: modeled vs. national estimates?
- Panama ranks 48th out of 185 countries with data for 2025.
- Is unemployment rates: modeled vs. national estimates rising or falling in Panama?
- Over the last ten years it is up 88.7%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.