Youth employment rate, aged 15-24, urban in Panama

Panama: Youth employment rate, aged 15-24, urban was 0.7% in 2021. ▲ Rising

Latest (2021)
0.7%
Change on year
down 13.7%
World rank
75th
of 97 countries
All-time high
0.9%
in 2012
All-time low
0.6%
in 1989
Years of data
26
1989–2021

Youth employment rate, aged 15-24, urban in Panama, 1989–2021

00.20.40.60.81989200520211989: 0.584 % of urban youth labor force1991: 0.721 % of urban youth labor force1995: 0.777 % of urban youth labor force1997: 0.769 % of urban youth labor force1998: 0.754 % of urban youth labor force1999: 0.789 % of urban youth labor force2000: 0.755 % of urban youth labor force2001: 0.74 % of urban youth labor force2002: 0.739 % of urban youth labor force2003: 0.727 % of urban youth labor force2004: 0.76 % of urban youth labor force2005: 0.751 % of urban youth labor force2006: 0.786 % of urban youth labor force2007: 0.824 % of urban youth labor force2008: 0.841 % of urban youth labor force2009: 0.824 % of urban youth labor force2010: 0.829 % of urban youth labor force2011: 0.853 % of urban youth labor force2012: 0.883 % of urban youth labor force2013: 0.881 % of urban youth labor force2014: 0.852 % of urban youth labor force2015: 0.851 % of urban youth labor force2016: 0.838 % of urban youth labor force2017: 0.813 % of urban youth labor force2018: 0.811 % of urban youth labor force2021: 0.7 % of urban youth labor force

Source: World Bank. Measured in % of urban youth labor force.

Analysis

The most recent figure for youth employment rate, aged 15-24, urban in Panama is 0.7%, measured in 2021.

That represents a change of down 13.7% on the previous year and down 18.0% over ten years.

Over the whole period, youth employment rate, aged 15-24, urban in Panama peaked at 0.9% in 2012 and was at its lowest, 0.6%, in 1989.

Panama ranks 75th of 97 countries on this measure, in the bottom quarter.

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

Youth employment rate, aged 15-24, urban in Panama, year by year

Annual values for Youth employment rate, aged 15-24, urban (% of urban youth labor force) in Panama, 1989 to 2021.
Year % of urban youth labor force Change
1989 0.6%
1991 0.7% +23.5%
1995 0.8% +7.7%
1997 0.8% -1.0%
1998 0.8% -2.0%
1999 0.8% +4.6%
2000 0.8% -4.2%
2001 0.7% -2.0%
2002 0.7% -0.2%
2003 0.7% -1.6%
2004 0.8% +4.6%
2005 0.8% -1.2%
2006 0.8% +4.6%
2007 0.8% +4.8%
2008 0.8% +2.1%
2009 0.8% -2.1%
2010 0.8% +0.6%
2011 0.9% +2.9%
2012 0.9% +3.5%
2013 0.9% -0.2%
2014 0.9% -3.3%
2015 0.9% -0.1%
2016 0.8% -1.5%
2017 0.8% -3.0%
2018 0.8% -0.3%
2021 0.7% -13.7%

Panama compared with similar countries

  • Panama's 0.7% is below the median for high income countries, which is 0.8%, 90% of the median. (36 countries reporting)
  • Panama's 0.7% is below the median for Latin America & Caribbean, which is 0.8%, 86% of the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.6% 0.6% 0.6% 1
1990s 0.8% 0.7% 0.8% 5
2000s 0.8% 0.7% 0.8% 10
2010s 0.8% 0.8% 0.9% 9
2020s 0.7% 0.7% 0.7% 1

Countries ranked near Panama

  1. 72 Gambia 0.7% compare
  2. 73 Rwanda 0.7% compare
  3. 74 Lithuania 0.7% compare
  4. 76 Brazil 0.7% compare
  5. 77 Armenia 0.7% compare
  6. 78 Venezuela, Bolivarian Republic of 0.7% compare

See the full ranking of 97 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is youth employment rate, aged 15-24, urban in Panama?
Youth employment rate, aged 15-24, urban in Panama was 0.7% in 2021, according to the World Bank.
What is the highest youth employment rate, aged 15-24, urban recorded in Panama?
The highest recorded value was 0.9% in 2012.
What is the lowest youth employment rate, aged 15-24, urban recorded in Panama?
The lowest recorded value was 0.6% in 1989.
How does Panama rank for youth employment rate, aged 15-24, urban?
Panama ranks 75th out of 97 countries with data for 2021.
Is youth employment rate, aged 15-24, urban rising or falling in Panama?
Over the last ten years it is down 18.0%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Youth employment rate, aged 15-24, urban (% of urban youth labor force). Statizoid updates them automatically from the source API.

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Youth employment rate, aged 15-24, urban in Panama. Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/stat/youth-employment-rate-aged-15-24-urban-percent-of-urban-youth-labor-force/panama/

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About this data

Indicator
Youth employment rate, aged 15-24, urban (% of urban youth labor force)
Unit
% of urban youth labor force
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
97 places, 1,339 data points, 1970–2021
Last refreshed