Unemployment rate, aged 15-24 in Panama

Panama: Unemployment rate, aged 15-24 was 0.2% in 2021. ▼ Falling

Latest (2021)
0.2%
Change on year
up 50.8%
World rank
44th
of 108 countries
All-time high
0.3%
in 1989
All-time low
0.1%
in 2012
Years of data
26
1989–2021

Unemployment rate, aged 15-24 in Panama, 1989–2021

0.10.150.20.250.31989200520211989: 0.315 % of labor force aged 15-241991: 0.204 % of labor force aged 15-241995: 0.187 % of labor force aged 15-241997: 0.195 % of labor force aged 15-241998: 0.214 % of labor force aged 15-241999: 0.18 % of labor force aged 15-242000: 0.206 % of labor force aged 15-242001: 0.2 % of labor force aged 15-242002: 0.199 % of labor force aged 15-242003: 0.214 % of labor force aged 15-242004: 0.194 % of labor force aged 15-242005: 0.194 % of labor force aged 15-242006: 0.172 % of labor force aged 15-242007: 0.137 % of labor force aged 15-242008: 0.129 % of labor force aged 15-242009: 0.142 % of labor force aged 15-242010: 0.141 % of labor force aged 15-242011: 0.115 % of labor force aged 15-242012: 0.096 % of labor force aged 15-242013: 0.1 % of labor force aged 15-242014: 0.118 % of labor force aged 15-242015: 0.124 % of labor force aged 15-242016: 0.13 % of labor force aged 15-242017: 0.157 % of labor force aged 15-242018: 0.149 % of labor force aged 15-242021: 0.225 % of labor force aged 15-24

Source: World Bank. Measured in % of labor force aged 15-24.

Analysis

Panama recorded 0.2% for unemployment rate, aged 15-24 in 2021.

That represents a change of up 50.8% on the previous year and up 96.3% over ten years.

Over the whole period, unemployment rate, aged 15-24 in Panama peaked at 0.3% in 1989 and was at its lowest, 0.1%, in 2012.

That places Panama 44th out of 108 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Unemployment rate, aged 15-24 in Panama, year by year

Annual values for Unemployment rate, aged 15-24 (% of labor force aged 15-24) in Panama, 1989 to 2021.
Year % of labor force aged 15-24 Change
1989 0.3%
1991 0.2% -35.3%
1995 0.2% -8.2%
1997 0.2% +4.0%
1998 0.2% +9.9%
1999 0.2% -15.7%
2000 0.2% +14.0%
2001 0.2% -2.8%
2002 0.2% -0.2%
2003 0.2% +7.3%
2004 0.2% -9.5%
2005 0.2% +0.1%
2006 0.2% -11.0%
2007 0.1% -20.8%
2008 0.1% -5.9%
2009 0.1% +10.7%
2010 0.1% -0.8%
2011 0.1% -18.7%
2012 0.1% -16.3%
2013 0.1% +4.4%
2014 0.1% +17.8%
2015 0.1% +4.7%
2016 0.1% +5.5%
2017 0.2% +20.3%
2018 0.1% -4.9%
2021 0.2% +50.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.3% 0.3% 0.3% 1
1990s 0.2% 0.2% 0.2% 5
2000s 0.2% 0.1% 0.2% 10
2010s 0.1% 0.1% 0.2% 9
2020s 0.2% 0.2% 0.2% 1

Countries ranked near Panama

  1. 41 Russia 0.3% compare
  2. 42 Colombia 0.2% compare
  3. 43 India 0.2% compare
  4. 45 Czechia 0.2% compare
  5. 46 France 0.2% compare
  6. 47 Ireland 0.2% compare

See the full ranking of 108 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is unemployment rate, aged 15-24 in Panama?
Unemployment rate, aged 15-24 in Panama was 0.2% in 2021, according to the World Bank.
What is the highest unemployment rate, aged 15-24 recorded in Panama?
The highest recorded value was 0.3% in 1989.
What is the lowest unemployment rate, aged 15-24 recorded in Panama?
The lowest recorded value was 0.1% in 2012.
How does Panama rank for unemployment rate, aged 15-24?
Panama ranks 44th out of 108 countries with data for 2021.
Is unemployment rate, aged 15-24 rising or falling in Panama?
Over the last ten years it is up 96.3%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Unemployment rate, aged 15-24 (% of labor force aged 15-24). Statizoid updates them automatically from the source API.

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Unemployment rate, aged 15-24 in Panama. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/unemployment-rate-aged-15-24-percent-of-labor-force-aged-15-24/panama/

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About this data

Indicator
Unemployment rate, aged 15-24 (% of labor force aged 15-24)
Unit
% of labor force aged 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
108 places, 1,528 data points, 1970–2021
Last refreshed