Unemployment rate, aged 15-64, total in Panama

Panama: Unemployment rate, aged 15-64, total was 0.1% in 2021. ▼ Falling

Latest (2021)
0.1%
Change on year
up 87.4%
World rank
39th
of 111 countries
All-time high
0.2%
in 1989
All-time low
0.0%
in 2012
Years of data
26
1989–2021

Unemployment rate, aged 15-64, total in Panama, 1989–2021

0.050.10.151989200520211989: 0.168 % of total labor force in working age1991: 0.107 % of total labor force in working age1995: 0.097 % of total labor force in working age1997: 0.096 % of total labor force in working age1998: 0.101 % of total labor force in working age1999: 0.086 % of total labor force in working age2000: 0.094 % of total labor force in working age2001: 0.099 % of total labor force in working age2002: 0.095 % of total labor force in working age2003: 0.099 % of total labor force in working age2004: 0.089 % of total labor force in working age2005: 0.092 % of total labor force in working age2006: 0.08 % of total labor force in working age2007: 0.059 % of total labor force in working age2008: 0.053 % of total labor force in working age2009: 0.063 % of total labor force in working age2010: 0.063 % of total labor force in working age2011: 0.042 % of total labor force in working age2012: 0.038 % of total labor force in working age2013: 0.04 % of total labor force in working age2014: 0.046 % of total labor force in working age2015: 0.049 % of total labor force in working age2016: 0.055 % of total labor force in working age2017: 0.06 % of total labor force in working age2018: 0.059 % of total labor force in working age2021: 0.11 % of total labor force in working age

Source: World Bank. Measured in % of total labor force in working age.

Analysis

The most recent figure for unemployment rate, aged 15-64, total in Panama is 0.1%, measured in 2021.

Compared with earlier readings it is up 87.4% on the previous year and up 161.4% over ten years.

Over the whole period, unemployment rate, aged 15-64, total in Panama peaked at 0.2% in 1989 and was at its lowest, 0.0%, in 2012.

Panama ranks 39th of 111 countries on this measure, in the middle of the range.

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

Unemployment rate, aged 15-64, total in Panama, year by year

Annual values for Unemployment rate, aged 15-64, total (% of total labor force in working age) in Panama, 1989 to 2021.
Year % of total labor force in working age Change
1989 0.2%
1991 0.1% -35.9%
1995 0.1% -10.1%
1997 0.1% -0.3%
1998 0.1% +5.3%
1999 0.1% -15.1%
2000 0.1% +9.5%
2001 0.1% +4.4%
2002 0.1% -3.2%
2003 0.1% +3.6%
2004 0.1% -9.8%
2005 0.1% +3.5%
2006 0.1% -13.3%
2007 0.1% -26.3%
2008 0.1% -10.8%
2009 0.1% +20.2%
2010 0.1% -1.1%
2011 0.0% -32.7%
2012 0.0% -9.4%
2013 0.0% +3.7%
2014 0.0% +16.2%
2015 0.0% +7.5%
2016 0.1% +11.5%
2017 0.1% +9.1%
2018 0.1% -2.4%
2021 0.1% +87.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2% 0.2% 0.2% 1
1990s 0.1% 0.1% 0.1% 5
2000s 0.1% 0.1% 0.1% 10
2010s 0.1% 0.0% 0.1% 9
2020s 0.1% 0.1% 0.1% 1

Countries ranked near Panama

  1. 36 Costa Rica 0.1% compare
  2. 37 Slovakia 0.1% compare
  3. 38 Latvia 0.1% compare
  4. 40 Palestine, State of 0.1% compare
  5. 41 France 0.1% compare
  6. 42 Belgium 0.1% compare

See the full ranking of 111 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is unemployment rate, aged 15-64, total in Panama?
Unemployment rate, aged 15-64, total in Panama was 0.1% in 2021, according to the World Bank.
What is the highest unemployment rate, aged 15-64, total recorded in Panama?
The highest recorded value was 0.2% in 1989.
What is the lowest unemployment rate, aged 15-64, total recorded in Panama?
The lowest recorded value was 0.0% in 2012.
How does Panama rank for unemployment rate, aged 15-64, total?
Panama ranks 39th out of 111 countries with data for 2021.
Is unemployment rate, aged 15-64, total rising or falling in Panama?
Over the last ten years it is up 161.4%. 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 15-64, total (% of total labor force in working age). Statizoid updates them automatically from the source API.

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Unemployment rate, aged 15-64, total in Panama. Statizoid. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/unemployment-rate-aged-15-64-total-percent-of-total-labor-force-in-working-age/panama/

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About this data

Indicator
Unemployment rate, aged 15-64, total (% of total labor force in working age)
Unit
% of total labor force in working age
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 1,633 data points, 1970–2021
Last refreshed