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

Panama: Youth unemployment rate, aged 15-24, urban was 0.3% in 2021. ▼ Falling

Latest (2021)
0.3%
Change on year
up 59.0%
World rank
23rd
of 97 countries
All-time high
0.4%
in 1989
All-time low
0.1%
in 2012
Years of data
26
1989–2021

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

0.10.20.30.41989200520211989: 0.416 % of urban youth labor force1991: 0.279 % of urban youth labor force1995: 0.223 % of urban youth labor force1997: 0.231 % of urban youth labor force1998: 0.246 % of urban youth labor force1999: 0.211 % of urban youth labor force2000: 0.245 % of urban youth labor force2001: 0.26 % of urban youth labor force2002: 0.261 % of urban youth labor force2003: 0.273 % of urban youth labor force2004: 0.24 % of urban youth labor force2005: 0.249 % of urban youth labor force2006: 0.214 % of urban youth labor force2007: 0.176 % of urban youth labor force2008: 0.159 % of urban youth labor force2009: 0.176 % of urban youth labor force2010: 0.171 % of urban youth labor force2011: 0.147 % of urban youth labor force2012: 0.117 % of urban youth labor force2013: 0.119 % of urban youth labor force2014: 0.148 % of urban youth labor force2015: 0.149 % of urban youth labor force2016: 0.162 % of urban youth labor force2017: 0.187 % of urban youth labor force2018: 0.189 % of urban youth labor force2021: 0.3 % of urban youth labor force

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

Analysis

Panama recorded 0.3% for youth unemployment rate, aged 15-24, urban in 2021.

Compared with earlier readings it is up 59.0% on the previous year and up 104.3% over ten years.

Over the whole period, youth unemployment rate, aged 15-24, urban in Panama peaked at 0.4% in 1989 and was at its lowest, 0.1%, in 2012.

That places Panama 23rd out of 97 countries with data for 2021, putting it in the top quarter.

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

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

Annual values for Youth unemployment rate, aged 15-24, urban (% of urban youth labor force) in Panama, 1989 to 2021.
Year % of urban youth labor force Change
1989 0.4%
1991 0.3% -33.0%
1995 0.2% -20.0%
1997 0.2% +3.5%
1998 0.2% +6.7%
1999 0.2% -14.2%
2000 0.2% +15.8%
2001 0.3% +6.2%
2002 0.3% +0.5%
2003 0.3% +4.5%
2004 0.2% -12.2%
2005 0.2% +3.9%
2006 0.2% -14.0%
2007 0.2% -17.7%
2008 0.2% -10.0%
2009 0.2% +11.0%
2010 0.2% -2.9%
2011 0.1% -14.0%
2012 0.1% -20.1%
2013 0.1% +1.6%
2014 0.1% +24.0%
2015 0.1% +0.4%
2016 0.2% +8.8%
2017 0.2% +15.3%
2018 0.2% +1.2%
2021 0.3% +59.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.4% 0.4% 0.4% 1
1990s 0.2% 0.2% 0.3% 5
2000s 0.2% 0.2% 0.3% 10
2010s 0.2% 0.1% 0.2% 9
2020s 0.3% 0.3% 0.3% 1

Countries ranked near Panama

  1. 20 Venezuela, Bolivarian Republic of 0.3% compare
  2. 21 Armenia 0.3% compare
  3. 22 Brazil 0.3% compare
  4. 24 Lithuania 0.3% compare
  5. 25 Rwanda 0.3% compare
  6. 26 Gambia 0.3% compare

See the full ranking of 97 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is youth unemployment rate, aged 15-24, urban in Panama?
Youth unemployment rate, aged 15-24, urban in Panama was 0.3% in 2021, according to the World Bank.
What is the highest youth unemployment rate, aged 15-24, urban recorded in Panama?
The highest recorded value was 0.4% in 1989.
What is the lowest youth unemployment rate, aged 15-24, urban recorded in Panama?
The lowest recorded value was 0.1% in 2012.
How does Panama rank for youth unemployment rate, aged 15-24, urban?
Panama ranks 23rd out of 97 countries with data for 2021.
Is youth unemployment rate, aged 15-24, urban rising or falling in Panama?
Over the last ten years it is up 104.3%. 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, urban (% of urban youth labor force). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Youth unemployment 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