Youth unemployment rate, aged 15-24, total in Panama

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

Latest (2021)
0.2%
Change on year
up 50.8%
World rank
45th
of 111 countries
All-time high
0.3%
in 1989
All-time low
0.1%
in 2012
Years of data
26
1989–2021

Youth unemployment rate, aged 15-24, total in Panama, 1989–2021

0.10.150.20.250.31989200520211989: 0.315 % of total youth labor force1991: 0.204 % of total youth labor force1995: 0.187 % of total youth labor force1997: 0.195 % of total youth labor force1998: 0.214 % of total youth labor force1999: 0.18 % of total youth labor force2000: 0.206 % of total youth labor force2001: 0.2 % of total youth labor force2002: 0.199 % of total youth labor force2003: 0.214 % of total youth labor force2004: 0.194 % of total youth labor force2005: 0.194 % of total youth labor force2006: 0.172 % of total youth labor force2007: 0.137 % of total youth labor force2008: 0.129 % of total youth labor force2009: 0.142 % of total youth labor force2010: 0.141 % of total youth labor force2011: 0.115 % of total youth labor force2012: 0.096 % of total youth labor force2013: 0.1 % of total youth labor force2014: 0.118 % of total youth labor force2015: 0.124 % of total youth labor force2016: 0.13 % of total youth labor force2017: 0.157 % of total youth labor force2018: 0.149 % of total youth labor force2021: 0.225 % of total youth labor force

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

Analysis

In 2021, youth unemployment rate, aged 15-24, total in Panama stood at 0.2%.

The figure is up 50.8% on the previous year and up 96.3% over ten years.

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

Panama ranks 45th 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.

Youth unemployment rate, aged 15-24, total in Panama, year by year

Annual values for Youth unemployment rate, aged 15-24, total (% of total youth labor force) in Panama, 1989 to 2021.
Year % of total youth labor force 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. 42 Colombia 0.2% compare
  2. 43 India 0.2% compare
  3. 44 Belgium 0.2% compare
  4. 46 Czechia 0.2% compare
  5. 47 France 0.2% compare
  6. 48 Ireland 0.2% compare

See the full ranking of 111 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is youth unemployment rate, aged 15-24, total in Panama?
Youth unemployment rate, aged 15-24, total in Panama was 0.2% in 2021, according to the World Bank.
What is the highest youth unemployment rate, aged 15-24, total recorded in Panama?
The highest recorded value was 0.3% in 1989.
What is the lowest youth unemployment rate, aged 15-24, total recorded in Panama?
The lowest recorded value was 0.1% in 2012.
How does Panama rank for youth unemployment rate, aged 15-24, total?
Panama ranks 45th out of 111 countries with data for 2021.
Is youth unemployment rate, aged 15-24, total 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 Youth unemployment rate, aged 15-24, total (% of total youth labor force). Statizoid updates them automatically from the source API.

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Youth unemployment rate, aged 15-24, total in Panama. Statizoid. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/youth-unemployment-rate-aged-15-24-total-percent-of-total-youth-labor-force/panama/

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About this data

Indicator
Youth unemployment rate, aged 15-24, total (% of total youth labor force)
Unit
% of total youth labor force
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 1,633 data points, 1970–2021
Last refreshed